The Best Swing Trader Mentors Who Teach Their Strategies (2024)

FAQs

Who is the best mentor for trading? ›

Arun Singh Tanwar's dedication to make every aspirant a pro trader has got him the recognition of the best stock market instructor in India. In a recent survey conducted by an individual agency, thousands of students voted for Arun Singh Tanwar as the best stock market instructor in India.

As far as patterns are concerned, the ascending and descending triangles are considered to be the best. The top swing trading strategies are Fibonacci Retracement, Trend Trading, Reversal Trading, Breakout Strategy and Simple Moving Averages.

Day traders often find mentors online by going through trading bloggers, live chat rooms, and active forums for day traders. Even if you don't end up finding a mentor, such platforms can be very useful for picking up some useful bits of knowledge.

George Soros - earned $1 billion in 1 day. Of course, George Soros is one of the top Forex traders. Perhaps, he is the best Forex trader in the world, and, for sure, he is the best day trader in the world.

Rule 1: If you have to look, it isn't there.

The best trades jump out of nowhere and create a sense of urgency. Take a deep breath, and then act quickly before the opportunity disappears.

George Soros - One of the most successful swing traders of all time is George Soros. Soros is a Hungarian-American billionaire investor, business magnate, philanthropist, and political activist. He is best known for his legendary trade in 1992, when he made $1 billion in a single day by short selling the British pound.

One of the simplest and most widely known fundamental strategies is value investing. This strategy involves identifying undervalued assets based on their intrinsic value and holding onto them until the market recognizes their true worth.

What is the best exchange for swing trading? ›

The average return of swing trading is said to be 10%. Of course, it is never possible for you to get these exact ures all the time. Although the overall performance depends on how you do your trades and how many trades you take part in. It can immensely help you achieve your monthly return easily.

The answer to “Is trading mentorship worth it?” is not a simple yes or no. It depends on various factors, including your learning style, budget, commitment level, and the mentor's credibility. A mentor could open doors to significant growth and help expedite your learning curve.

Having a mentor, however, does not ensure success. Trading needs ongoing learning, adaptability, and self-improvement because it is a dynamic and complex activity. The trader must follow the path; a mentor can only show them the way.

Start by looking into your professional network

However, you may need to expand your horizons a bit if you have a smaller network. Consider anyone from family connections to local small businesses. Try to attend local networking events or start being more active in your niche on sites like LinkedIn and X.

Advantages of Trading Mentorship. Personalised Guidance: With a trading mentor, you get personalised advice tailored to your trading style and strategy. This bespoke approach is hard to achieve with self-learning, making mentorship a potentially invaluable investment.