How many of you are making 3k/m+ consistently

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1. Mentorship can be an incredibly effective way to accelerate your learning and success in trading, especially as a beginner in swing trading. Here are some insights and practical advice regarding mentorship and achieving consistent income as a trader:

   1. Value of Mentorship

   • Personalized Guidance: A mentor provides tailored advice based on your specific strengths and weaknesses. This personalized attention can help you overcome common beginner pitfalls more efficiently than self-study alone.
   • Accountability: Having a mentor keeps you accountable, helping you stick to your trading plan and manage your emotions during the inevitable ups and downs of the market.
   • Networking Opportunities: Mentors often provide access to valuable networks, including other traders and resources that can enhance your learning and trading resource pool.

   2. Choosing the Right Mentor

   • Evaluate Their Track Record: When considering a mentor like Bernd Skorupinsky, look into their track record not just in trading but also in mentoring. Assess whether their students have achieved real success and how they define success (e.g., adherence to trading plans, risk management).
   • Compatibility: Ensure the mentor’s trading style aligns with your goals and risk tolerance. Not every successful trader will teach in a way that resonates with you.
   • Cost vs. Value: While mentorship can involve a financial commitment, weigh the cost against the potential benefits. A well-structured program that communicates clear strategies and practical advice may save you more in losses than it costs.

   3. Foundational Learning

   Before diving deep into mentorship, it’s crucial to have a solid understanding of trading fundamentals:
   – Technical Analysis: Familiarize yourself with chart reading, understanding indicators, and candlestick patterns.
   – Risk Management: Learn about position sizing, stop-loss orders, and managing risk-reward ratios. This is perhaps the most critical aspect that determines long-term success in trading.
   – Market Psychology: Understanding your own emotional responses to trading decisions is vital. Many beginners struggle with fear and greed.

   4. Practice and Application

   • Start with a Simulation: Before risking real capital, consider using trading simulation platforms. This will give you a hands-on experience without the financial pressure and can be a great way to test the strategies your mentor might teach.
   • Document Your Journey: Keep a trading journal to track your trades, the thought process behind them, and the outcomes. This record will aid in discussions with your

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