Is it worth investing in a trading mentor?
A trading mentor can replace guesswork with a taught process and community support, based on one detailed account in the source video. It is not a guaranteed profit engine. ASIC data show most Australian retail CFD traders lose money, so treat any mentor as education, not a business promise.
The source video is a podcast interview with a mother of six who has traded for five years and, at the time of recording, had spent about three months in the host's mentorship. Her account is a single case study, not a study of outcomes across many students. It is useful precisely because it is specific: it names what did not work across four earlier paid mentors and Discord groups, and what felt different once she found one that fit her schedule and her need to understand reasoning rather than copy trades.
Nothing in the video, and nothing in the two independently verified statistics used in this article, supports a claim that paying for a mentor makes profit likely. What the video supports is narrower: that the guest found education more useful to her than signals, and that she attributes her improved three months to direct access and a simplified strategy. That is a personal account, reported here as the video's claim, not as a verified result.
This article keeps three categories separate throughout. First, what the video's speakers say about their own trades and choices, reported as their claim. Second, the two statistics that come from named, independent sources, ASIC and the Bank for International Settlements, cited with links wherever they appear. Third, what can and cannot be concluded when the two are put side by side. Nowhere does one category get relabelled as another. A personal account of a good week is not evidence of a typical result, and a market-wide loss statistic is not a verdict on any specific mentor.
What does "investing in a mentor" actually mean in this video?
In the video, both the podcast host and his guest use the phrase to mean paying for direct access to a person who explains the reasoning behind trades, not paying for trade alerts or a stake in a business. The guest describes it as buying explanation, not outcomes.
The video says the host describes trying a similar multi-level-marketing trading group of his own, paying roughly $1,600 to join, and leaving within a week once he realised the model was built around recruiting new members rather than teaching a skill. The guest's own history runs the same pattern for longer. She says she joined an academy-style program after seeing a friend's small MetaTrader 4 profit screenshots, and stayed in that structure for years, running free recruitment and beginner calls for its downline rather than concentrating on her own trading. She calls that focus on recruitment over skill her biggest regret, and says that if she had spent those years on the skill alone she could have been profitable much sooner.
That distinction, skill versus recruitment, is the definition the video keeps returning to. "Investing in a mentor" in this source means paying specifically for someone to explain why a trade is taken, not for a referral structure, a signals feed, or a community that primarily monetises new sign-ups.
How does a mentorship differ from a signals group or an MLM-style academy?
The video draws a clear line: an academy built on recruitment splits attention between selling memberships and teaching skill, a signals group hands you trades without explaining them, and a mentorship, as the guest describes it, teaches the cause and effect behind each entry so you can eventually trade alone.
She applies this directly to her own history. In the recruitment-style academy, she says the model taught ten different strategies across multiple mentors with an emphasis on signing people up, so no single approach was mastered. In the signals group, she says access to any actual education required first funding a live account through the provider's own broker referral link, and that trading on someone else's signal felt impossible to manage because the reasoning behind each trade was not hers. She contrasts both with the format she says worked for her: live calls where she could ask why a setup was valid, get an answer in real time, and apply the same logic to the next chart herself.
| Path described in the video | What it primarily sells | Who decides when you trade | Guest's stated outcome | |---|---|---|---| | Recruitment-style trading "academy" | Sign-up income plus scattered lessons from many mentors | You, but attention is split by recruiting | Calls the recruiting focus her "biggest regret" | | Signals or copy-trade Discord | Entry and exit alerts, often gated behind a broker referral link | The signal provider, not you | Says trades "didn't make sense" and could not be managed | | Paid solo mentor in a mismatched time zone | One-way content built around a different trading session | You, but against the wrong schedule | Cycled through this and similar setups four times before it fit | | Mentorship with live access | Direct explanation of reasoning, real-time Q&A | You, with real-time correction | Describes three months as "way better" than the prior five years, alongside a documented blown-account week |
That table reflects only what the guest describes about her own experience with each format. It is not a ranking of programs in the wider market, and it says nothing about typical results for anyone else.
What warning signs did the video's guest describe after four failed mentor attempts?
Across roughly five years and multiple paid Discords, the guest names three repeat problems: a mentor trading a session that does not match your life, a signals service that required funding an account through its own broker referral link before releasing any teaching, and content built for recruitment instead of skill.
The first paid mentor she names traded New York stocks during the New York session while she needed a strategy that worked around an Asian or London session and her children's sleep schedule. She says the mismatch alone made the program unworkable, regardless of the mentor's own results, because she could not be awake and alert for the hours the content assumed. Two more paid Discords, also based in the United States, followed the same pattern and did not fit either.
The fourth, a signals and copy-trading service, is the one she describes in most detail as a warning sign. Access to any educational material was conditional on funding a live trading account through the provider's own broker referral link first. She says the signals themselves were hard to manage because they were not on her terms and did not follow logic she understood, so she could not adjust a trade if the market moved against it. Her conclusion, stated plainly in the video, is that a service built around signals has a financial interest in you staying dependent on those signals rather than becoming able to trade independently.
How should you vet a trading mentor before you pay?
The video points to specific, checkable questions rather than trusting a sales pitch: does the person explain reasoning or just hand you trades, does their trading session fit your schedule, and do you have to fund a live account through their link before you see any real content?
Turning the guest's five years of trial and error into a checklist:
- Ask whether the program teaches the reasoning behind a trade, or simply delivers entries and exits to follow. The video treats the first as education and the second as a signals service with a different set of incentives.
- Check that the mentor's trading session lines up with hours you can realistically be alert and available. A mismatch was enough on its own to end the guest's first paid attempt, independent of anything else about that mentor's skill.
- Ask directly whether you need to fund a live account through the mentor's own broker referral link before you get access to any teaching. In the video, that requirement came bundled with a signals service, not a mentorship.
- Look for live, two-way access, calls or a Q&A, rather than pre-recorded content alone. The guest names live access as the reason she could ask "why" and get an answer she could reuse on the next chart.
- Treat any mentor's own account, whether a single winning day or a losing week, as one person's result. The video's own guest posted both a strong week and a blown-account week within seven days of each other.
- Learn and back-test the reasoning before funding a live account with money you cannot afford to lose. Both speakers in the video say they lost money by funding an account first and learning second.
None of these steps come from outside the video. They are the criteria the guest applied, in hindsight, to the four attempts that did not work and the one she says did. She frames this explicitly as trial and error rather than a formula: she tried at least four paid programs before finding a fit, and says plainly that she considered the possibility of being scammed at more than one point along the way. Her reasoning for eventually trusting the program she settled on was partly practical, a matching time zone and live access, and partly personal, a preference for a mentor from a background she recognised over one she had only seen online. That second reason is a stated preference in the video, not a criterion this article endorses as reliable on its own; a shared background does not verify a mentor's competence, and the checklist above is offered as the more checkable substitute for it.
What do the numbers say about the odds in retail trading?
Two independently verified facts sit outside the video and outside anyone's personal story. ASIC found most Australian retail CFD traders lost money in the 2024 financial year, and the foreign-exchange market they trade in is enormous, which together mean skill has to overcome a statistically difficult starting position.
Specifically, ASIC Report 828: Risky business records that 68% of Australian retail CFD investors lost money in the 2024 financial year. That figure is a regulator's finding about the asset class the video's guest trades, not a claim about any individual mentor, mentorship, or academy named or implied in the video. It is context for how the base rate runs before any education is added, and it is a reason to treat a single profitable account, including the ones described in the video, as an exception rather than a default.
The scale of the market the guest is trading in is also documented independently. The BIS 2025 Triennial Survey reported average daily OTC foreign-exchange turnover of US$9.6 trillion in April 2025. A market of that size has enough liquidity to support the kind of session-based, lower-timeframe entries the guest describes learning in her mentorship. Size alone does not make winning likely for a retail participant; it only means the mechanism she describes, waiting for a confirmed setup on a specific session, operates inside a market deep enough for that approach to exist. Neither statistic says anything about whether a specific mentor's teaching works. They describe the market, not the method.
Does a mentor's own trading account prove the method works?
No single account, including the one detailed in the video, proves a method works for anyone else. The guest describes turning $4,000 into $10,000 in a day and later a 200 percent week, then losing both gains through overleveraging and self-imposed pressure, which the video treats as a lesson, not a pitch.
She walks through the first example in detail. Around a year into trading, with roughly $4,000 in a crypto account, she rode a rising market while staying overleveraged, and the video states the account reached about $10,000 in a single day, a move the speakers describe as a 250% gain. She did not withdraw it. When the market pulled back, she says she kept buying because she did not yet understand market structure, stayed overleveraged through the reversal, and lost the entire gain. Looking back, she says she would now wait for a confirmed point of interest before buying into a pullback rather than assuming the direction would continue.
The second example is more recent and happened inside the mentorship itself. She posted a 200 percent week to the mentorship group as an example of sharing wins openly. The video says that the following week she gave back roughly the same amount, which she attributes to feeling pressure to repeat the result rather than to a flaw in the strategy itself. She also describes a broader shift in habits credited to the mentorship: trading fewer times and waiting for higher-quality setups, working from lower timeframes such as five-minute and one-minute charts for entries where she previously used fifteen-minute charts as her lowest timeframe, and withdrawing small amounts deliberately to, in her words, reinforce the belief that the account is real money rather than a number on a screen. Every one of these details describes her own account and her own psychology. None of it is presented in the video, or repeated here, as a projection of what another person's account would do.
What's a sensible first step if you only have $1,000 to spend on learning to trade?
Asked this exact question, the video's host and guest give the same answer: spend it on a mentor and the education itself, not on funding a live trading account. Both say they lost money trading before they had that education and only became consistent after they found it.
The video is explicit that this is not framed as an investment product. The host states plainly that funding a live account before understanding a strategy is a way to lose the $1,000, and the guest agrees, saying she does not think it makes sense to "whack money into an account" without first knowing what you are doing. Their shared suggestion is sequencing: use the money to learn a specific, teachable process from someone whose trading hours and communication style fit your own life, back-test that process, and only fund a live account once the reasoning behind it is understood well enough to defend a trade when it moves against you.
That sequencing does not remove the odds described in the ASIC data, and it does not turn a mentor's own results into a forecast for a new student. What it does, according to the video, is reduce the chance of repeating the specific mistakes the guest names: joining a program whose hours do not fit your life, paying for signals instead of reasoning, or funding an account before you can explain why a trade was taken. Whether that sequencing produces a profitable trader depends on factors the video does not measure and this article does not claim to know.
Which sources support these statistics?
ASIC Report 828 and the Bank for International Settlements 2025 Triennial Survey support the cited statistics. They report market-wide CFD-loss and foreign-exchange-turnover data, not evidence that a trading method, educator or reader will obtain any particular result.
- ASIC Report 828: Risky business — 68% of retail CFD investors lost money in FY24.
- Bank for International Settlements 2025 Triennial Survey — OTC FX turnover reached US$9.6 trillion per day in April 2025.
What questions do readers ask about this topic?
The answers below address the adjacent practical questions readers ask after reviewing the article and its source material. Each answer describes the available evidence and does not replace an independent review of current terms, risks or personal circumstances.
Does having a trading mentor guarantee you will make money?
No. Nothing in the video claims that, and the independently verified data argues against treating it as likely. ASIC Report 828 found 68% of Australian retail CFD investors lost money in the 2024 financial year, and the video's own guest describes losing an entire 200 percent weekly gain the very next week while inside a mentorship. A mentor can teach a process; it does not change the base rate for the asset class.
What is the difference between paying for signals and paying for a mentor?
In the video, a signals service delivered entries and exits on the provider's schedule and required funding a live account through the provider's own broker referral link before any education was released. The guest says she could not manage those trades because the logic behind them was not hers. A mentorship, as she describes it, teaches the reasoning behind a setup so the trader can evaluate the next chart independently rather than waiting for an alert.
Why did it take the video's guest four attempts to find a mentor that worked?
The video names a specific, recurring cause: the first paid mentor traded the New York session while she needed a strategy built around Asian or London hours to fit her children's schedule, and the same time-zone mismatch recurred with two further Discords. A fourth program was a signals service rather than a mentorship. Only a program with live access and hours that matched her life is described as workable.
What red flag did the video describe involving a broker referral link?
The guest describes a signals and copy-trading Discord where access to any educational content was conditional on first funding a live trading account through the provider's own broker referral link. She frames this as a sign the provider's income depended on new deposits rather than on teaching a durable skill, and treats it as a warning sign to check for before paying anyone for trading education.
Should you fund a live trading account before you have learned a strategy?
According to the video, no. Both the podcast host and his guest say they lost money by funding a live account before understanding a strategy, and both point to education first, live account second, as the sequence that worked for them. This is presented in the video as their own experience, not as a rule proven to apply to every trader or verified independently of their account.
Does the size of the forex market make it easier to profit from?
Not according to the sources used here. The BIS 2025 Triennial Survey recorded average daily OTC foreign-exchange turnover of US$9.6 trillion in April 2025, which describes deep liquidity, not favourable odds for retail participants. ASIC's finding that 68% of Australian retail CFD investors lost money in the 2024 financial year applies inside that same large, liquid market, so market size and retail profitability are separate facts that should not be conflated.
What kept the video's guest trading through repeated account losses?
She names two things in the video: a self-described high tolerance for the pain of a blown account, and providing for her six children as her stated reason for continuing. She also says deliberately withdrawing small amounts for everyday purchases helped her trust that the account was real money rather than a number on a screen. These are personal motivations she reports about herself, not a suggestion that persistence alone overcomes the odds documented by ASIC.
Is there a typical result from the mentorship described in the video?
No typical result is stated or verifiable from this source. The video documents two specific data points from one student, a three-month period she calls better than her prior five years and a week where she gave back a 200 percent gain, alongside ASIC's finding that most Australian retail CFD investors lost money in the 2024 financial year. One student's mixed account, three months in, does not establish a typical outcome for anyone else.
Which RihariFX videos support this article?
The embedded RihariFX videos and their original English transcripts are the primary sources for the source-video claims in this article. They record what was said in each video and do not independently verify performance, price, licensing or typical results.