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Mentor Mode - How to Guide 10 Traders Without Losing Your Sanity

· 9 min read
Karthik
Founder, TradeLyser

You're a profitable trader.

Now traders want to learn from you.

The problem: How do you mentor multiple people without it consuming your entire life?

The solution: TradeLyser Mentor Mode.

The Mentorship Challenge

Traditional Mentorship Pain Points

Reviewing one mentee takes:

  • 2 hours to understand their trades
  • Spreadsheets scattered everywhere
  • Screenshots in WhatsApp
  • Questions via phone calls
  • No structure, no scalability

Result: Mentors burn out at 2-3 mentees

The Scalability Problem

If each mentee needs 2 hours/day:

  • 1 mentee = 2 hours/day
  • 3 mentees = 6 hours/day (full time job!)
  • 5 mentees = impossible
  • 10 mentees = forget it

Traditional mentorship doesn't scale.


What Is Mentor Mode?

Mentor Mode is TradeLyser's built-in mentorship platform that lets you:

✅ See all mentee trades automatically
✅ Review multiple traders in minutes
✅ Provide structured feedback
✅ Track progress systematically
✅ Scale to 10+ mentees
✅ Do it all in one platform

Time per mentee: 15-20 minutes/day (not 2 hours)


Setting Up Mentor Mode

Step 1: Activate Mentor Account

  1. TradeLyser → SettingsAccount Type
  2. Select "Mentor/Coach"
  3. Complete mentor profile:
    • Trading experience
    • Specialization
    • Mentorship approach
    • Pricing (if paid)

Step 2: Create Mentorship Structure

Define your program:

Example Structure:

Program: 3-Month Trading Mentorship

Week 1-4: Foundation
- Strategy development
- Risk management
- Journaling habits
- Daily check-ins

Week 5-8: Execution
- Live trading reviews
- Weekly strategy sessions
- Bi-weekly deep dives

Week 9-12: Independence
- Monthly reviews
- As-needed support
- Graduation criteria

Step 3: Set Review Schedule

Options:

  • Daily (active mentoring)
  • 3x per week (intensive)
  • Weekly (moderate)
  • Bi-weekly (light touch)

Recommend: Start with 3x per week

Step 4: Create Templates

Feedback templates:

  • Trade review template
  • Weekly summary template
  • Monthly progress template
  • Improvement areas template

Saves time. Maintains consistency.


The Mentor Dashboard

Overview Panel

See at a glance:

Mentee: Rahul | Status: Active
This Week: 12 trades | Win Rate: 58%
Trend: +12% vs last week
Alerts: 2 rule violations
Review Due: Today
Last Review: 2 days ago

All mentees in one view.

Quick Actions

For each mentee:

  • View recent trades
  • See performance metrics
  • Check rule adherence
  • Leave feedback
  • Schedule call
  • Send message

Everything one click away.


Daily Review Workflow

4:00 PM - Start Reviews

Total time for 5 mentees: 60-75 minutes

Mentee #1 Review (12 minutes)

Step 1: Performance Snapshot (2 min)

TradeLyser shows:

  • Today's trades: 3
  • P&L: +₹2,400
  • Win rate: 67%
  • Rule adherence: 100%

Quick scan: Anything concerning? No → Move to trades

Step 2: Trade-by-Trade Review (6 min)

Trade 1:

Symbol: RELIANCE
Setup: Pullback entry
Entry: ₹2,555 | Exit: ₹2,585
P&L: +₹3,000
Grade: A (self-rated)

Mentor Review:
✓ Good setup identification
✓ Entry at planned level
✓ Proper position size
✓ Target execution
✓ Screenshot documented

Feedback: "Perfect execution. This is your A+ setup.
More of these."

Rating: ⭐⭐⭐⭐⭐

Trade 2-3: Similar quick review

Step 3: Pattern Check (2 min)

Elysia highlights:

  • 3-day win streak
  • Watch for overconfidence
  • Position sizing still good ✓

Note: "Great week. Stay disciplined. Don't increase size."

Step 4: Action Items (2 min)

For tomorrow:

  • Continue A+ setup focus
  • Watch overconfidence after win streak
  • Screenshot all trades

Save and notify mentee.

Mentee #2 Review (15 minutes)

Step 1: Performance Snapshot (2 min)

TradeLyser shows:

  • Today's trades: 2
  • P&L: -₹3,200
  • Win rate: 0%
  • Rule adherence: 67% ⚠️

Red flags detected. Need deeper review.

Step 2: Trade Review (8 min)

Trade 1:

Symbol: INFY
Setup: Claimed "breakout"
Entry: ₹1,458 | Exit: ₹1,442
P&L: -₹1,600
Grade: B (self-rated)

Mentor Review:
✗ Not a valid breakout (no volume)
✗ Entry criteria not met (4/6)
✗ Position too large (2.8% vs 1.5% rule)
✗ Stop moved once (original ₹1,450, moved to ₹1,442)

Feedback: "This wasn't your A+ setup. Volume was low.
You also moved your stop which increased loss.
Next time: Skip if volume isn't there."

Rating: ⭐⭐ (Poor execution)

Trade 2: Similar issues

Step 3: Pattern Identification (3 min)

Elysia shows:

  • 3rd time this week trading without volume
  • 4th time moving stops
  • Pattern: Impatience, forcing trades

Step 4: Feedback & Action Plan (2 min)

Written feedback:

Priya,

I see a pattern: you're forcing trades without all criteria.

This week:
- 3 trades without volume confirmation
- All 3 lost money
- Cost: ₹4,800

Remember: Patience > Activity

Action Items:
1. Add volume check to pre-trade list
2. Set alert if volume < 1.5x avg
3. NO TRADING until you send me your checklist
4. Call scheduled: Tomorrow 6 PM

- Mentor

Send and schedule call.


Weekly Deep Dive

Sunday Evening: 30-Minute Review

For each mentee:

Performance Summary

TradeLyser auto-generates:

Week of Oct 14-18, 2025
Mentee: Rahul

Trades: 17
Wins: 11 (65%)
Losses: 6
P&L: +₹18,400
Avg Win: ₹2,800
Avg Loss: ₹1,600
Profit Factor: 1.9

Best Day: Tuesday (+₹6,200)
Worst Day: Friday (-₹2,400)

Rules Adherence: 94%
- Followed: 16/17
- Broken: 1 (moved stop once)

Progress vs Last Week:
Win Rate: +7%
P&L: +42%
Adherence: +6%

Trend: Improving ↗️

Key Insights

Elysia highlights:

  1. Morning trades: 71% WR
  2. Afternoon trades: 42% WR
  3. A+ setups: 82% WR
  4. B setups: 45% WR

Recommendation: Focus mornings, A+ only

Mentor Feedback

Template:

# Weekly Review: Rahul

## What Went Well ✅
1. Excellent A+ setup discipline
2. Position sizing perfect
3. Morning focus paying off

## Areas to Improve ⚠️
1. Still trading afternoons (42% WR)
2. One stop-loss moved (don't repeat)

## Focus for Next Week 🎯
1. STOP afternoon trading
2. Maintain A+ discipline
3. Zero stop-loss moves

## Your Assignment 📝
1. Create "Do NOT Trade After 2 PM" rule
2. Journal why you moved that stop
3. Send me your plan for Monday

Great progress. Keep it up!

Send to mentee.


Monthly Progress Review

Comprehensive Assessment

TradeLyser generates:

Month: October 2025
Mentee: Priya

PERFORMANCE
Trades: 64
Win Rate: 61% (started at 48%)
P&L: +₹42,300 (started at -₹8,200)
Profit Factor: 2.1
Max Drawdown: 7%

IMPROVEMENT AREAS
✅ Position sizing: Fixed (was oversizing)
✅ Stop-loss discipline: Much better (90% adherence)
✅ Setup quality: Improved (72% A+ setups)
⚠️ Still struggling with FOMO
⚠️ Afternoon trading needs work

SKILL DEVELOPMENT
Strategy Building: ⭐⭐⭐⭐ (Advanced)
Risk Management: ⭐⭐⭐⭐ (Advanced)
Execution: ⭐⭐⭐ (Intermediate)
Discipline: ⭐⭐⭐ (Intermediate)
Analysis: ⭐⭐⭐⭐ (Advanced)

NEXT MONTH GOALS
1. Win rate > 65%
2. Zero FOMO trades
3. Eliminate afternoon trading
4. P&L target: +₹50K

GRADUATION CRITERIA
On track: 60% complete
Expected: March 2026

Review this with mentee in call.


Handling Common Scenarios

Scenario #1: Mentee Breaking Rules

Detection: TradeLyser auto-alerts

Alert: "Priya broke 2 rules today"

Your action:

  1. Review trades (5 min)
  2. Identify why
  3. Send feedback immediately
  4. Schedule call if repeated

Message template:

Priya,

I see you broke your stop-loss rule twice today.

Trade 1: Moved stop from ₹2,450 to ₹2,420
Result: Extra -₹1,500 loss

Trade 2: No stop set at all
Result: -₹2,800 loss

This is concerning. We discussed this last week.

Question: What happened? Why did discipline break?

Call me tonight. We need to address this now.

Scenario #2: Mentee Losing Confidence

Detection: Losing streak, emotional scores low

Your response:

Rahul,

I see you're on a 4-trade losing streak.

But let me show you something:

Your trades were all valid A+ setups.
Your execution was correct.
Your risk management was perfect.

This is variance, not failure.

Remember:
- Your strategy: 62% long-term WR
- 4 losses in a row: Normal (happens every 60 trades)
- Your discipline: Still excellent

Keep following the process.
The results will come.

Take tomorrow off. Rest.
Come back Wednesday fresh.

You're doing fine.

Scenario #3: Mentee Overconfident

Detection: Win streak, increasing position sizes

Your action:

Priya,

Great 6-win streak! 🎉

But I'm concerned:

Your position sizes are creeping up:
- Week 1: 1.5% avg
- Week 2: 1.8% avg
- This week: 2.3% avg

This is overconfidence. I've seen it before.

It leads to:
1. One big loss wiping out gains
2. Blown accounts

Action: Back to 1.5% per trade. Starting now.

No negotiation on this.

Scaling to 10+ Mentees

Time Management

With TradeLyser Mentor Mode:

Daily reviews (10 mentees):

  • 5 quick reviews: 10 min each = 50 min
  • 3 moderate reviews: 15 min each = 45 min
  • 2 deep dives: 20 min each = 40 min
  • Total: ~2 hours

Weekly reviews (10 mentees):

  • 30 min each = 5 hours on Sunday

Monthly reviews (10 mentees):

  • 1 hour each = 10 hours in last week of month

Calls:

  • 2-3 scheduled per week = 3 hours
  • Emergency calls: As needed

Total time commitment: 20-25 hours/week for 10 mentees

Compare to: 80+ hours/week traditional mentorship

Grouping Strategies

Group A: Beginners (4 mentees)

  • Daily reviews
  • Weekly calls
  • Monthly deep dives

Group B: Intermediate (4 mentees)

  • 3x weekly reviews
  • Bi-weekly calls
  • Monthly reviews

Group C: Advanced (2 mentees)

  • Weekly reviews
  • Monthly calls
  • As-needed support

Mentor Mode Features

Automated Reports

Daily Summary Email:

Your Mentees Today:
- 8 active traders
- 34 total trades
- 21 wins, 13 losses (62% WR)
- 3 rule violations (2 mentees)
- 1 needs immediate attention

[View Dashboard]

Progress Tracking

Visual dashboards:

  • Each mentee's improvement curve
  • Skill development radar charts
  • Before/after comparisons
  • Graduation progress

Communication Tools

Built-in:

  • In-app messaging
  • Trade-specific comments
  • Feedback history
  • Schedule calls
  • Share resources

Batch Operations

Review multiple mentees:

  • Send bulk messages
  • Common feedback
  • Group assignments
  • Cohort tracking

Pricing Your Mentorship

Model Options

Option 1: Fixed Monthly Fee

₹5,000-15,000/month per mentee
- Daily reviews
- Weekly calls
- Full access

Revenue (10 mentees): ₹50K-₹1.5L/month

Option 2: Tiered Pricing

Basic (₹5K): Weekly reviews
Standard (₹10K): 3x weekly + 2 calls/month
Premium (₹15K): Daily + weekly calls

Mix and match based on mentee needs

Option 3: Performance-Based

Base: ₹3K/month
+ 10% of mentee's monthly profits

Aligns incentives
Higher earnings potential

What to Include

Standard package:

  • Trade reviews (X per week)
  • Feedback and action items
  • Monthly progress reports
  • Calls (X per month)
  • TradeLyser Pro access
  • Resource library

Premium add-ons:

  • Daily reviews
  • Unlimited calls
  • Strategy development
  • 1-on-1 live trading sessions

The Bottom Line

Traditional mentorship: 2-3 mentees max, overwhelming

Mentor Mode: 10+ mentees, sustainable

You teach. They learn. TradeLyser handles the rest.

The platform that makes mentorship scale.


Take Action Now

This Week:

  1. Activate Mentor Mode in TradeLyser
  2. Invite your first 2-3 mentees
  3. Set up review templates
  4. Run your first batch review

This Month:

  1. Refine your review process
  2. Build resource library
  3. Add 3-5 more mentees
  4. Test pricing models

This Quarter:

  1. Scale to 10+ mentees
  2. Optimize time management
  3. Create group cohorts
  4. Build sustainable mentorship business

👉 Activate Mentor Mode in TradeLyser
👉 Download: Mentor Feedback Templates
👉 Next: The 2% Rule - Simple Math That Protects Your Capital


Are you mentoring traders? What's your biggest challenge? Share below.