A trading mentor is someone who can help you narrow your focus and teach you trading strategies. Typically, this is someone who knows the actual trading industry and helps less experienced traders. Why would someone need a mentor to start day trading? The reason is that more than 80% of all people who start trading don’t succeed. The other reason is that traders lose money, and they want to learn ways to turn losses into wins. You will come across several mentorship programs online claiming that they can help traders achieve profit in their day trading journey.
If you were training to be a basketball player, would you rather be trained by LeBron James or DerMarr Johnson? LeBron has won four NBA championships, four NBA MVP awards, four NBA Finals MVP awards, and two Olympic gold medals. DerMarr has spent most of his career on the bench, and for four seasons shot below 41 percent. I would think we would all agree that LeBron would be the ideal mentor. The same applies to day trading, you should get the right day trading mentor who has the experience and the day trading skills to make you successful. Thankfully, you are in the right place and found the correct mentor with a trading career.
What Would I Need to Work On?
There are multiple things that you will need to learn to be a successful day trader. But you must also be willing to be a good student first. A good student has a growth mindset, sets goals, and is able to deal with failure. You must also be willing to put in the work and practice on your own time. Repetition along with knowledge is what makes you proficient in any aspect of your life. Attitude towards what you are doing affects your performance as well. Every student can do better if they practice a healthy routine.
There are multiple things that you will need to learn to be a successful day trader. A mentor will help you learn those things and help them make sense to you. They will also introduce you to different aspects of trading just so you are knowledgeable about it but that doesn’t necessarily mean you will need to use them daily. You will need to learn about the market in general, technical analysis, price analysis, paper trading, volume, trading patterns, fundamental analysis, strategy, trading psychology, money management, how to open a trading account, how to use the trading system and platform, and risk management. A mentor will also teach you things to avoid and how to overcome issues in your trading journey.
What to Look for In a Mentor?
In the MK VIP training, I teach the working class how to earn $10,000 a month through day trading. I believe everyone should have the opportunity to become their own boss, plan out their entire day, and only work as much or as little as they want. I can teach you how to day trade like the top 10% without a complicated strategy or any technical indicators, even if you are a beginner. That is why I offer 1-on-1 coaching and group coaching to this day. I really care about every single one of my students deep down; this is my passion.
With the 1-on-1 coaching and group coaching my students get to see that I am approachable and can make the time for them. In the end, you are the student and need someone who is devoted to your needs and truly wants to see you succeed. I make sure to constantly provide my students with free resources even after they have graduated from the program. I write articles just like this one daily so they are constantly in the know. Through my experiences, I help my students avoid the challenges I faced when I first became a day trader.
As of now, MK Financial LLC is already the #1-day trading coaching business in the US in just one year. My next step is to become the top brand in multiple countries over the next few years. In order to take the brand international, we are in the planning phase of creating an alternative course for Spanish speakers as phase 1. This will mean very soon we will have coaches that have learned the strategy and have been given the honor of becoming a coach for the MK Financial Team to teach in their language.
Summary: Day Trading Mentor
It is evident that a trading mentor is important and that simulated programs won’t give you that 1-on1- approach that most of us need. You can’t pause a video to ask questions or get someone to walk you through things. Day trading education is important and if you get the wrong investment advice you could get yourself into a situation where you are consistently losing money. You have learned it is important to be a good student as well as you have to receive even go over initial investment with my students and get them to start crawling, then standing up, and then running on their own. Arthur Ashe said, “Success is a journey, not a destination”.
My goal has always been to mentor as many day traders to achieve their personal financial goals, whether they are novice traders or experienced traders. The MK VIP training has plenty of resources to help you get started on reaching your day trading goals. With my program, you can learn about price volatility and stock prices. You will be profitable for at least 80% if not more of your trades. I can teach you the best trading strategy that if you put in the work and practice, you will have consistent winning trades. I am here to not only guide you with tips but any needs in your trading journey.
Maurice Kenny has helped over 600 people become financially free through one-on-one coaching, mentorship, and options trading strategy. Many of these new traders are now full-time traders, and they all started by watching his 1-hr webinar.
Feel free to check out other FREE educational resources to help guide you as you begin your new journey to financial freedom.
Also, download a (FREE E-BOOK) by Maurice Kenny, “DAY TRADE LIKE A MILLIONAIRE.”