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How to be a successful trader in 2021: Get a mentor

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Behind every accomplished person is the mentor who inspired them… And the vast majority of investors who climbed their way into the top 1% of Wall Street didn’t learn how to be great on their own. The value of having a trading mentor can be the difference between success and failure.

Trading mentors are here to show you what not to do, boost your trading know-how and teach you how to think for yourself — with a trader’s mindset.

It’s no secret that 90% of traders lose money, and there’s no way to guarantee any kind of success in the stock market. 

Period.

And having to navigate the turbulent winds of Wall Street alone is one of the main reasons why new traders can never make their way out of that 90%… Which is why you should work with a trading mentor who knows what it takes to make it to the 10%.

The value of a trading mentor

Today, I wanted to talk about the value a mentor can have on your trading.

It doesn’t matter whether you’re a dewy-eyed novice trader, a business entrepreneur, a real estate agent or whatever. It never hurts to have an experienced person there to help guide you through the best practices and strategies that garner success.

Just because you bought yourself a plane, that doesn’t mean you know how to fly it. You need to find yourself an experienced pilot to teach you the controls… or you risk crashing and burning. 

I struggled to find a trading mentor when I was in my mid-20’s.

It wasn’t free, cheap or easy. And they never reached out to me to show me what they’ve learned.

In fact, I was part of a trading room for years. I had no idea what I was doing at first, and no amount of books prepared me for the reality that hit.

I would watch someone for four hours a day, every day, for years until I understood every nook and cranny of options trading. And if I had questions back then, I would be lucky to get any type of response.

Now in 2021 — in the world where you can practically connect to anyone in the world via the internet —  you have a thousand more options than I did.

Instead of having to take college courses in finance or committing yourself to a MBA — that’ll take years — you can find someone online who will teach you… sometimes even for free.

You just need to do your homework, make sure they’re successful and have a transparent track record of winning trades on a consistent basis.

Trading isn’t something you can just do and automatically be successful. It takes time and diligence… there’s a mountain of a learning curve and — most importantly — the guiding hand of an investor who’s already mastered their craft.

P.S. Forget about Wall Street, Silicon Valley and mainstream “fake news” like Yahoo Finance, CNBC, Fox, MarketWatch and others.

They’re all dead wrong about where you should be looking on the stock market right now.

Looking away from the market is how I’ve been able to pull off incredible wins lately, even over 180% in total returns just last week.

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