Having a guide will surely help. Forex market is very risky and to survive here we will need lots of skills and knowledge. When we start to trade here, we don't have much knowledge and experience hence higher chances of loss. Having a mentor will guide us in such a difficult time.
He is obviously you cannot be a child forever ,when you are with your mentor you still need to learn how and the type of strategy he or she has been using to trade, and with the experience you will understand what it takes to trade alone, everything can be achieved with serious determination and passion to do it.
Actually after a certain point of time you are your own Boss. You will need to take decision on everything u trade. At first since you have less experience and skills, you might require some expertise to learn the new things. But as long as you know the market day by day, you keep learning and one day you will be the sole responsible for all your account transactions.
In fact the perfect advice for people that are interested in trading the digital market is that they should not make any attempt to trade it themselves because you will only lose your money ,it is better for you to use that money and learn how to trade,this is what people should consider to do because if you are trading and you lose the money you won't gain anything
The beginners who does not know about the the risk of the forex market, normally tends to to earn huge profits. in striving to get more and more profit from the market, such traders makes mistakes and lose their money. In this critical situation, a guide will surely help to teach them how to deal with forex trading.
That's just the exact Truth but some newbie will overlook the mentorship but they will only concentrate on how to make quick money which sometimes always end up in a great loss,i have to suggest that anyone that is interested in either forex or in cryptocurrency must just learn it first, this will minimise the potential loss.
And in forex market it is even more important to be disciplined. The market moves uncertainly to any direction, and we need to understand the market movement. When there are some adverse conditions in the market , a trader who is disciplined enough can overcome such situations very easily. But for that, a trader needs to build up the mental stability so that even when the situation occcurs, he can utilize his mind to regain control over market.
