Spending the time to find a mentor is better spent educating yourself IMO. You have a certain personality and you need to trade in line with your personality. The chances of you finding a mentor who a) is not a con artist and b) trades in a way which fits your personality are extremely slim and nil. That time would be better spent learning how markets work and getting the inevitable newbie mistakes out of the way (chasing systems, indicators, etc).
I am quite new to FX trading and am not even trading real $$$ at this point. I do trade real money on the S&P e-mini and I do make real money. There are 2 people on earth who I will mentor - my 2 children. I'm not giving up my trading edge to anyone else ever. If you had a profitable trading edge, why would you just hand it out to people? Why would you expect a 'mentor' to do this.
There's an old saying, those who cannot do teach. In this business that's true 99.9999999999999999% of the time.
Wow, that is very selfish have “edge” and not helping anyone? Make no different which market you are trading learning process and gaining experience is the same.
Then what do you say about famous traders like W. D. Gann, Alan Andrew, Elliot, Dow, Bill Williams, Goodman or Steven Nison? There is possibility that you are using part of all or any of those techniques. Big traders influence the way we trade, the way we do analysis and just because they share with us the knowledge – we got they “edge”. Once again – if you can find someone that willing to help you and share they knowledge and experience – this is priceless.
You cut drastically learning time, you avoid many mistakes and speed up obtaining knowledge. This is about helping new traders not isolate them from proper way to stream line they education process.
Just like mention before taking courses with famous traders help me to become whom I am today – successful trader. Go with traders that you admire, see they success and knowledge that they provide – real traders – not the people that have extensive marketing on social media.
I my opinion it is worth to get help from professional trader. I am interesting to persuade any one to do my way - this is only my opinion.
Oh, that famous saying is like this: “Those who can, do; those who can't, teach”.
Hi, Don't complain JUST DO IT. look for the mentor that will provide you with help and support. Lookfor the best sites where traders showing they own performance, publishing trading ideas. But do that only if you are serious about become trader. Otherwise stop complaining and go and do something else like go fishing.
A good mentor can be really very helpful for us but we all know how difficult it is to find out a reliable mentor and there are very high chances of getting duped by scammers. So its better to learn itself.
Once again, there is no such thing as forex mentor probably cause nobody owns you anything out there totally and completely. Can you really make it clear or not? Can we possibly to get it done. How to make it clear if needed....forex is one man show.