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Author Topic: What Reward for a Trading Mentor  (Read 741 times)
alastantiger (OP)
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October 16, 2023, 06:55:17 AM
 #1

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

.
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October 16, 2023, 08:44:54 AM
 #2

Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
If you are looking for a mentor, you may look for like three good traders that can mentor you. To talk about the price, the mentors will be the ones that will tell you that this is the amount of money that they want to collect. They will tell you separately because you are engaging in conversation with them separately at different time in different location. You can then price it to see what would happen. Go for only one mentior with a better price.

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October 16, 2023, 09:15:00 AM
 #3

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
The best mentor is online class of trading.even you search a good mentor when there is fud in the market the mentor analysis will broke.because everything thing In crypto is according to bitcoin.better you take classes of bitcoin then you can learn more about crypto.and one more thing is this crypto is very big field you can't learn only from mentor you will read more websites of coins specially bitcoin etherium
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October 16, 2023, 09:26:57 AM
 #4

The best mentor is online class of trading.even you search a good mentor when there is fud in the market the mentor analysis will broke.because everything thing In crypto is according to bitcoin.better you take classes of bitcoin then you can learn more about crypto.and one more thing is this crypto is very big field you can't learn only from mentor you will read more websites of coins specially bitcoin etherium
I did not get myself a mentor and I know a lot about trading today. I do not think a mentor is necessary if someone is able to read about trading. The most important part is the strategies and how to manage your risk, followed by indicators to be used. All these are available freely online. In trading, self knowledge and experience is needed to become a better trader.

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October 16, 2023, 10:25:56 AM
 #5

Professional mentors usually also indicate their rates up front. If not, you can ask for those details. There are also people who are willing to be mentors and don't expect direct monetary rewards, but you need to be their donwline on the trading platform for their long-term passive income. It all depends on where you get a mentor from.


I did not get myself a mentor and I know a lot about trading today.
Some people may need a mentor because they can't grasp the theoretical lessons online well enough. What they need is an interactive teacher, mentor who also functions as an instant corrector. Getting a mentor usually shortens class time.

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October 16, 2023, 10:36:59 AM
 #6

Some people may need a mentor because they can't grasp the theoretical lessons online well enough. What they need is an interactive teacher, mentor who also functions as an instant corrector. Getting a mentor usually shortens class time.
Life is about believe and determination. If someone is patient and reading to understand about trading, he will sooner or later know what that are necessary to be known in trading online because all necessary information are online. Like I said, the most important thing in trading is the strategies used, like not risking the amount of money that you can not afford to lose to trade, not using leverage, overcoming emotion, having a trading budget and do not go beyond it, averaging and some others. But he has preferred to go for a mentor which I do not also think that it is bad either.

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October 16, 2023, 11:17:24 AM
 #7

Their reward as a fixed amount may mean that they are not diligent in the advice you give them. Therefore, giving them a percentage of the profits would be good if your trading is in large amounts. For example, if we say 2% for 3 traders, it is 6%. If your investment is $100, then it is better to give them a fixed amount, otherwise give them A percentage of profits would be the best.
It is difficult to find people with good knowledge and excellent price analysis, so unless you truly believe in these ideas, I think they are a waste of money, or at least an attempt to silence your feelings of fear and anxiety by claiming that there are better people you can trust.

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October 16, 2023, 11:47:06 AM
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 #8

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor.

Nice idea, to be a mentor means you've both experienced the good and bad sode of trading and have enough things to write about on your live experience as well trading, let me say that being a mentor may require a little more efforts from you, because you have to create a past experience portfolio for your trading and how you best fit in for the mentorship position, you can make little aware on that, but you also have to define the kind of mentorship you're going into, is it a free one or paid service mentorship.

Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.

If you needed a mentor there's nothing bad in that, but you also have to create time to make some little research and efforts in learning some additional knowledge about trading, because you may not be told about everything and the once you discover by yourself will also be an added advantage.

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October 16, 2023, 12:15:02 PM
 #9

The best mentor is online class of trading.even you search a good mentor when there is fud in the market the mentor analysis will broke.because everything thing In crypto is according to bitcoin.better you take classes of bitcoin then you can learn more about crypto.and one more thing is this crypto is very big field you can't learn only from mentor you will read more websites of coins specially bitcoin etherium
I did not get myself a mentor and I know a lot about trading today. I do not think a mentor is necessary if someone is able to read about trading. The most important part is the strategies and how to manage your risk, followed by indicators to be used. All these are available freely online. In trading, self knowledge and experience is needed to become a better trader.
That is why I told him you should search online class online websites then you will be able how to do best trade in just a short duration
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October 16, 2023, 12:25:08 PM
 #10

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game.  
Great you have identified your shortfalls, time to grab the the bull by its horns and sharp your trading skills, good luck.

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?
Best reward a student can give their mentor is them proving to themselves that they have the full understanding of the mentors strategy and ready to go out their on their own to milk the markets.

And why think of rewarding a mentor when I believe that their services are hardly free, and they get their joy from these subscriptions.

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
Forget about the rewards, just enroll yourself for a trading class and in no time you will be a pro (with practice of course)

R


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October 16, 2023, 12:31:53 PM
 #11

Their reward as a fixed amount may mean that they are not diligent in the advice you give them. Therefore, giving them a percentage of the profits would be good if your trading is in large amounts. For example, if we say 2% for 3 traders, it is 6%. If your investment is $100, then it is better to give them a fixed amount, otherwise give them A percentage of profits would be the best.
It is difficult to find people with good knowledge and excellent price analysis, so unless you truly believe in these ideas, I think they are a waste of money, or at least an attempt to silence your feelings of fear and anxiety by claiming that there are better people you can trust.

with the situation these days, very few people care about what you are doing, unless, they can get something out of it. this is why it is quite difficult to find a sincere mentor who will guide you in every step of the way. much better if you don't look for strangers but person who is closed to you who knows the market. because this person, won't force you to give certain percentage of profits. he will be more than happy to succeed your path in trading more than anything else. it means, he did something right for you.

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October 16, 2023, 01:42:33 PM
 #12

If a mentor really sincerely wants to teach you trading knowledge, he does not expect any reward from you. Seeing you succeed in mastering trading knowledge is enough for him. He will be happy if you can be successful in trading and he doesn't need anything else.

Seeing someone be successful after learning a lot about trading is a matter of pride for the teacher. He considers that what he teaches can help improve his students' abilities. However, mentors like this are very rare to find because most mentors require a subscription fee so that we can gain their knowledge.

I don't like it if we have to pay a subscription fee to learn. I would rather spend my time learning from free sources available on the internet.

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October 16, 2023, 03:32:27 PM
 #13

If a mentor really sincerely wants to teach you trading knowledge, he does not expect any reward from you. Seeing you succeed in mastering trading knowledge is enough for him. He will be happy if you can be successful in trading and he doesn't need anything else.

Seeing someone be successful after learning a lot about trading is a matter of pride for the teacher. He considers that what he teaches can help improve his students' abilities. However, mentors like this are very rare to find because most mentors require a subscription fee so that we can gain their knowledge.

I don't like it if we have to pay a subscription fee to learn. I would rather spend my time learning from free sources available on the internet.

It is very rare to find this type of mentor. Many offline and online trading classes charge a fee per session.
Mentors as you say apply to people we know intimately, such as friends or someone in our home environment. And he is really skilled and has a lot of money, I'm sure they will be more proud if their students succeed.
In contrast to paid mentors, they focus more on the material they are going to teach, tend not to be thorough because they also have an obligation to mentor other people who pay them.
However, other people's methods are different, some like to look for paid or unpaid mentors, and there are also those who like to learn on their own through collecting material information independently.

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October 16, 2023, 03:52:47 PM
 #14

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

I don't know whether this topic is important enough to discuss or not, however, the reward you want to give to your potential mentor must be a matter of sincerity and also your ability, just like when someone you care about has a birthday, you will definitely try hard to give a gift. It's best for them, right? So when you have found a mentor who makes you understand about trading, you must give him a nice gift as an expression of your gratitude to him, hopefully you will soon find the right person who is truly a professional trading mentor..



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October 16, 2023, 05:02:51 PM
 #15

I think it will depend on the mentor that you will get because some people would help you and mentor you for free and you could probably just treat him/her to a dinner or something. If that's going to be a continuous thing, maybe you can then pay them like a subscription. I think what you can do first is just find a potential mentor and contact him. In that way, you have that capacity to really go with the flow and have that trading journey that you will prepare for.

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October 16, 2023, 06:31:41 PM
 #16

A trading mentor always needs mental well-being as a trading meter needs mental well-being. For this mental well-being, traveling to different places and various recreational activities become a must for one, and at the end of the day rest and other things must be well maintained. Although we are talking about rewards here, the most important thing here is mental well-being and recreational activities to keep a person mentally healthy and smiling all the time. Keeping a trading mentor's mind right can be done through entertainment and activities.

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October 16, 2023, 07:37:10 PM
 #17

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
Wait a second! Are you asking how much you should reward your mentorship even before you have one? I mean, dear, you really did a great job by practicing demo trading before going into real trading, but I don't think it's right or worth giving thought to this topic and spending time on it. Because once you find a good mentor, which is in itself a hard job, you should be asking what mentor you should follow.

Well, I was saying once you find a good mentor, then you will have to pay a fee, like a mentor fee, which varies for every teacher. One thing I would like to add here is that not every teacher will be your mentor, so everyone will charge you a fee.

For your convenience, you can reward your mentor on the basis of profits that he might have helped you earn. Because otherwise, why would you want to reward him? But what I think from your last line is that you are asking how much you should pay to the mentor, so that you could get an idea; if that's the case, then dear, you should not write a reward, and each teacher has their own rates; all you have to do is find a good one. Rates do not matter in this field.

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October 16, 2023, 07:45:31 PM
 #18

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
Honestly you wont really be needing one considering that those mentors are speculators too on which dont think that they are really that better since they do have that called title "mentor" but this is something that wont really be that you could trust yourself on hovering yourself into this field of trading. Dont make yourself that believe that they are surely profitable.Also if you are really that serious on stepping up your game or skills
then making yourself learn on solo way and also there are groups which are totally free on which you could really be able to snip out some trading ideas on which it would really be that something ideal or would really be that helpful on your part or with your progress. It all matters with the effort and the time that you would really be that spending because if you arent really that serious or really that determined then you wont really be seeing yourself to progress in your trading career. Be careful yourself into those gurus and professional out there specially on asking out some VIP subscription on which those things is never been worth. Things could really be learnt up if you are really just that serious on stepping up your game then it is really just that right that you would really be making out adjustments but if you do sit idle and wont really be doing any effort and time spending
then you would really be definitely be ending up on a disaster.

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October 16, 2023, 08:17:21 PM
 #19

I wonder if it is a mentor you need or a teacher. A mentor might only agree to this title if one already has a knowledge in the field, but placing a price tag on the amount of help you would get is more or less a bargain between a teacher and a student, not a mentor and mentee.

If it is from your heart, once you start earning, consider a percentage of what you earn as his for probably a duration between 3-6months, that's if the mentor really brushed you up and you can confidently mentor someone else. Otherwise gratitude in any other form if the mentor is in physical proximity will do just fine, like a free dinner or free lunch.
I don't think a mentor would sit all day and give you attention everytime, but if such a one can be a guide, then that's a true mentor.

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October 16, 2023, 08:51:57 PM
 #20

It depends on whose mentor you use, whether it's your friend, an online mentor, or an experienced professional mentor.
Don't be too bothered to give a reward if it's your friend. Make sure first whether you can develop well when using a trading mentor.

Actually what you need is not only a mentor, but an experience in trading and you must also understand every aspect of trading such as technical analysis and fundamentals.
It will form your confidence in trading and form a trading psychology.

The mentor is just a guide who gives warnings when you trade.
If you do succeed by following the mentor's instructions, then that is progress.

Many rewards can be given, but when the mentor is paid then you just need to exceed the payment.
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October 16, 2023, 09:18:47 PM
 #21

It is very rare to find this type of mentor. Many offline and online trading classes charge a fee per session.
Mentors as you say apply to people we know intimately, such as friends or someone in our home environment. And he is really skilled and has a lot of money, I'm sure they will be more proud if their students succeed.
In contrast to paid mentors, they focus more on the material they are going to teach, tend not to be thorough because they also have an obligation to mentor other people who pay them.
However, other people's methods are different, some like to look for paid or unpaid mentors, and there are also those who like to learn on their own through collecting material information independently.

You need to be extremely lucky to get a mentor who is well known in this sector. Usually if someone is making enough money from trading he doesn't bother to take on such responsibility. But this is not always true and there are generous people who want to share their experiences with others. There is no way to determine the actual reward for a trading mention as a genuine person usually doesn't want to be a mentor. If you find one then give him a reasonable price and be grateful.

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October 16, 2023, 11:32:04 PM
 #22

A performance fee is pretty standard in the realm of trading, so you can cut a deal with a mentor where you offer a percentage from your net profits.

Best to find someone who will not charge you any up front or fixed fees, to create alignment of interest such that he only makes money if you also make money...

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October 16, 2023, 11:55:17 PM
 #23

having a mentor always helps, finding one is a challenge, after all some people might just don't like sharing knowledge.
there are not many people that willing to teach sometime without getting paid, so seeking paid mentor is one way to get a mentor but really sometime i doubt the authenticity of knowledge because the mentor motivated heavily by money, they might try to misled you but certainly there are some mentor that did their obligation that is, giving sufficient knowledge in exchange of money.
but overall if you can find good mentor that can lead you in trading, there will help you reduce tremendous amount of loss, basically preventing you from doing the same mistake that they did.

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October 17, 2023, 03:56:19 AM
 #24

having a mentor always helps, finding one is a challenge, after all some people might just don't like sharing knowledge.
there are not many people that willing to teach sometime without getting paid, so seeking paid mentor is one way to get a mentor but really sometime i doubt the authenticity of knowledge because the mentor motivated heavily by money, they might try to misled you but certainly there are some mentor that did their obligation that is, giving sufficient knowledge in exchange of money.
but overall if you can find good mentor that can lead you in trading, there will help you reduce tremendous amount of loss, basically preventing you from doing the same mistake that they did.
finding a mentor may be difficult, and genuineness in information sharing is essential. While paid mentorship is an option, genuineness and a genuine desire to help others achieve should always take precedence. When it comes to thanking a mentor, consider their preferences as well as your circumstances. Financial reward, meaningful presents, discussing your triumphs, or giving assistance with your talents or services are all options. The frequency with which you express gratitude should be addressed with your mentor and might vary depending on their preferences and the nature of your connection. Maintaining open communication and scheduling regular check-ins to review your progress can assist to improve the mentor-mentee relationship.
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October 17, 2023, 06:23:21 AM
 #25

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
Maybe what is more appropriate is fees, and usually this is discussed at the beginning before starting mentoring unless the mentor is the closest person in your community and he doesn't charge fees, so if he doesn't charge fees it shouldn't be a problem no matter how much you give, although of course it should be a gift that can please him or you can give it when you have progressed in your trading or when you have been able to make quite a lot of money and you can leave a few percent for the mentor's gift that has made your trading progress well.

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October 17, 2023, 08:49:28 AM
 #26

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Hard to drop some figures on how much legit mentors ask since maybe they have different figures set and asked to those people who want to learn from them then maybe try to seek for a person who offer the said service then try to negotiate with him regarding to the figures he ask. But try to make it face to face teaching and seek for trading mentor that can go to your place or you can go to him to avoid getting scam. Although it will be good to self study and slowly learn the process but if you can able to pay those mentors to make the learnings come fast then be it. The only thing you need to be careful here is those scammers trying to pretend that they are a good mentor so that you will not waste your money for those sick guys.

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October 17, 2023, 09:09:58 AM
 #27

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.


Payment to the mentor per session/per hour, and a share of about 30% of trading profits from the mentorship. That would ensure that the mentor is not wasting his time, AND the 30% share in trading profits would ensure that the mentor has a "bet" on you to trade successfully.

But it's hard to find a trustworthy and profitable mentor, especially during a bear market. Probably many "profitable cryptocurrency traders" during 2020 to 2021 are not trading today, and have become mentors to earn some money. Perhaps it's better to wait for the bull market?

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October 17, 2023, 09:17:50 AM
 #28

In this case, you need to ask the mentor you find directly. Sometimes some people want to be paid monthly for meetings several times a week. Maybe there are several other mentors who take advantage of a few percent of the profits you get. However, it is quite difficult to find a professional mentor in trading. Many people claim that, but basically they are also looking for additional income from it. A professional mentor will probably provide evidence that they are really good at this, or maybe people already know him or her well at it.

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October 17, 2023, 11:02:07 AM
 #29

The best mentor is online class of trading.even you search a good mentor when there is fud in the market the mentor analysis will broke.because everything thing In crypto is according to bitcoin.better you take classes of bitcoin then you can learn more about crypto.and one more thing is this crypto is very big field you can't learn only from mentor you will read more websites of coins specially bitcoin etherium
Even when we do more of trading class sometimes I think one might still need some physical coaching from those who are experienced so that we can have a one on one question and answer section, most of the time trading practice through demo account can be little deceiving as their is always a higher chance of the person trading with such account winning trade that’s how I believe those memo account as been designed to do.

I get involve in trading ones in a while but I lose sometimes and I win trade some times too I don’t pay much of attention to it because u know I have more to learn before I can go into trading fully and I can’t waste resource and money on what I don’t know how to do most. But one thing about trading is that if one brings up his mind to learn it he will definitely learn something each and everyday.

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October 17, 2023, 11:11:44 AM
 #30

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again.
I notice that when you learn to trade and you decide to start with a demo account, you might be winning, but if you decide to switch to your main account immediately, you will start losing. I don't really know the cause, but I have seen multiple people who have experienced similar things. You losing in trading does not mean you should give up completely, just try and work on your strategy. When you get a perfect strategy, your profit will be more than your loss.

I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
Getting a professional trader to guide you is a good idea, but when getting a mentor, make sure you're careful so that you won't end up choosing the wrong person. There are so many people claiming to be professional traders, but most of them know nothing about trading, they're pretending to be professionals.

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?
The question is left for you to answer, no one can assist you in answering the question you are asking, it's for you and your mentor to come to an agreement. Some people might just decide to teach you for free, why will some people ask for payment before they will be able to guide you? So if your mentor requests for money, then the two of you can bargain and come to an agreement, and if he wants to teach you for free, then you can think about what you can reward him with, which will be money, you should know the amount you can give him.

Don't depend on your mentor alone, always try to do more research on your own. The forum is open, and you can ask any question you need.

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October 17, 2023, 11:53:57 AM
Merited by fillippone (1)
 #31

In this case, you need to ask the mentor you find directly. Sometimes some people want to be paid monthly for meetings several times a week. Maybe there are several other mentors who take advantage of a few percent of the profits you get. However, it is quite difficult to find a professional mentor in trading. Many people claim that, but basically they are also looking for additional income from it. A professional mentor will probably provide evidence that they are really good at this, or maybe people already know him or her well at it.
Even though Napoli's performance is not consistent at the moment, I think they are still much better than Union Berlin and Braga, so there is no doubt in my opinion that the 2 teams that qualify from this group are Real Madrid and Napoli.
Group C is relatively easy for Real Madrid and Napoli because Berlin and Braga have a difference in quality that is far below them.

And in my opinion, in the UCL group phase this season, Group F is the fiercest and up to now the four teams still have a chance to qualify from the group and even now it is still very difficult to predict who will be able to qualify, because these four teams have equal quality.
However, I consider it just as a thank you, without any connection or obligation that I have to do.
Remember that in trading we need friends/community to be able to increase our knowledge, because for me it is very ineffective if we trade alone without anyone to discuss with.
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October 17, 2023, 11:59:19 AM
 #32

....What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.


Is that a paid mentor or not?, because if its a paid mentor you don't need to give them anymore it is enough to get paid with them, but if those free courses they give to you to learn more i guess having a small gift is enough or if they are not materialistic seems like giving them a good number of profits with the use of the knowledge youve got to them is enough, we don't need to get exaggerated all of the things make it simple is enough.

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October 17, 2023, 12:38:01 PM
 #33

If you often spend time with your mentor, you can buy him food or drinks and eat and drink them together. This will create a better relationship between you and your mentor. But first of all, a thank you for helping you understand the trading lessons he gave. As for the prize, it depends on you. Maybe he doesn't need any gifts from you and sees you can master what he teaches well.
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October 17, 2023, 12:48:08 PM
 #34

What is the difference between Trading Mentor and crypto signals? They both indicate one thing, which is that there is an experienced person and you are trying to imitate him, or in other words, copy trading may imitate the details of this person’s movements or you may modify his plan, but it affects him.
If you find a person like this, you will not be sure that his trading will achieve profits, so it is better to learn and benefit from the experiences of traders instead of imitating them or making them trade for you. There are other ways, such as investing in trading funds, where you get profits in a similar way.

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October 17, 2023, 01:29:56 PM
 #35

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Why not avail those free trading courses online? there are so many of it available since you don't need to pay mentor with that since it just save you some money and reading the articles offered by those free courses is much more helpful to you. There are so many scammers online and might they will take advantage on you especially when you are posting or stating your want to have some people like this. But to be honest we don't really need this since we just need to exert more efforts on researching since for sure we can learn how to trade. If you are worried that you can't learn by doing this since you feel bored reading any articles that can help you then think about that if trading is really for you. Since if you are eager to learn trading then you will do anything just to make you knowledgeable about trading crypto.

R


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October 17, 2023, 04:39:59 PM
 #36

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
Nothing is a fit for all in every situation. Whatever decision you want to take as reward system for your prospective mentor will depend on the mentor. If someone is going to mentor you for free, the best thing you can do for them is pay attention to what they're teaching you. No mentor likes a student who doesn't pay attention to what they're taught. The simple reason being that mentors like guarding their mentees through slippery slopes and wouldn't want to be constantly distracted by the mentees penchant for lack of attention so much that they will constantly have to revert to what they've taught before. However, if you're getting a paid mentorship; the pay is their reward. Pay them and still pay attention for you own good because once the payment is made, most paid mentors don't give a hoot if you're learning or not.

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October 17, 2023, 05:34:21 PM
 #37

If you often spend time with your mentor, you can buy him food or drinks and eat and drink them together. This will create a better relationship between you and your mentor. But first of all, a thank you for helping you understand the trading lessons he gave. As for the prize, it depends on you. Maybe he doesn't need any gifts from you and sees you can master what he teaches well.

This shouldn't be the reward a mentor should expect from his subjects, what example then is he giving when he's making demands on his follower or they are already paying him back, what they should be after is the replication of their self in this their subject, whereby their mantle will be passed to them and they will do exploit, the mentor will also be happy in seing a well performance from those learning from them, which is joy enough than receiving food or material items from them, it will implies a payback of what they are learning from their mentors if they keep giving them back in rewards.
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October 17, 2023, 06:17:12 PM
 #38

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

A person having good trading capabilities and a great knowledge of trading and trading analyzation of a person is good then we can say they should be made as an mentor and you can learn from him many things in your trading Journey. But as the person who has more knowledge, who has more abilities to do some good trading skills then the person will take more money from you and you have to give him because he will teach you also some extra skills.
Also, another option is free trading courses that will help you a lot without any investment of your money. Also, that will teach you online at your home without going anywhere.

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October 17, 2023, 06:44:24 PM
 #39

In this case, you need to ask the mentor you find directly. Sometimes some people want to be paid monthly for meetings several times a week. Maybe there are several other mentors who take advantage of a few percent of the profits you get. However, it is quite difficult to find a professional mentor in trading. Many people claim that, but basically they are also looking for additional income from it. A professional mentor will probably provide evidence that they are really good at this, or maybe people already know him or her well at it.

If that mentor is a sales man he will ask for payments weekly or monthly but if his sole intention is to educate some people then money will not be his first priority. It is not advisable to look for a paid mentor instead learn from YouTube and create your own strategy. You will not need any mentors for the rest of your life. However I don't think anyone should have taken investment decisions from others.

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October 17, 2023, 06:54:31 PM
 #40

Copy trading is a thing now, I hear that Binance started it with 10% return for the leader. That means you do not have to explain anything and if you think you are as good as you think, like good enough to mentor anyone, then you should be able to make a good return too right? Then you could just start a copy trading at binance, get enough people there, and make great trades and get 10% of their profits too. That should be the most important thing, not a lot of people realize that but that's what you should be doing.

I personally believe that the best thing to do is just show your worth, if you can do that then people would flock to you and you could make a great return from that, it doesn't have to be quick, but do not expect anyone quickly in that case neither.

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October 17, 2023, 07:32:55 PM
 #41

What is the difference between Trading Mentor and crypto signals? They both indicate one thing, which is that there is an experienced person and you are trying to imitate him, or in other words, copy trading may imitate the details of this person’s movements or you may modify his plan, but it affects him.
If you find a person like this, you will not be sure that his trading will achieve profits, so it is better to learn and benefit from the experiences of traders instead of imitating them or making them trade for you. There are other ways, such as investing in trading funds, where you get profits in a similar way.
But I think a Mentor is like a teacher who teaches how to trade, how to do technical analysis, fundamentals, and how to manage trading psychology.
Maybe it looks more like that than like a trading signal or like Copy Trading.

A mentor who teaches his student how to trade well and correctly will not give a trading signal instantly, or copy how he enters and exits the market, but he will prioritize how they analyze before trading.

I also agree with your opinion about benefiting from the experience of other traders rather than having to imitate.
Because the experience of each trader will allow us to improve ourselves on what is wrong and what to improve.
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October 17, 2023, 07:40:26 PM
 #42

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Fees vary from one mentor to the other and  It is not in our capacity to decide what you should compensate the mentor with. What you should be concerned about is getting a dedicated mentor. While you are in search of a mentor,  it is important to note that you do not rely on  the mentor 100% . You can still do your findings/research on your own. This will help you know where exactly you need clarity.  Will also help you know when the mentor is being cunning or digressing. Most self acclaimed mentors do not give full disclosure on how to trade effectively and efficiently.  If you are lucky to get someone who will teach you whole heartedly, then good for you. But remember this, do not rely solely on the mentor's advice.

R


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October 17, 2023, 08:59:00 PM
 #43

What is the difference between Trading Mentor and crypto signals? They both indicate one thing, which is that there is an experienced person and you are trying to imitate him, or in other words, copy trading may imitate the details of this person’s movements or you may modify his plan, but it affects him.
If you find a person like this, you will not be sure that his trading will achieve profits, so it is better to learn and benefit from the experiences of traders instead of imitating them or making them trade for you. There are other ways, such as investing in trading funds, where you get profits in a similar way.
But I think a Mentor is like a teacher who teaches how to trade, how to do technical analysis, fundamentals, and how to manage trading psychology.
Maybe it looks more like that than like a trading signal or like Copy Trading.

A mentor who teaches his student how to trade well and correctly will not give a trading signal instantly, or copy how he enters and exits the market, but he will prioritize how they analyze before trading.

I also agree with your opinion about benefiting from the experience of other traders rather than having to imitate.
Because the experience of each trader will allow us to improve ourselves on what is wrong and what to improve.

Everything could be taught but except a few, which is risks management/emotional handling/discipline/risks tolerance. You could really be that able to know on everything sample in theories but there are things
which cant really be that be taught or be teached up on whose mentor or teacher you would really be having since these things could really be acquired just through real experience and dealing and this is something that would really be just that normal that everything could really be applied on the time that you would really be personally dealing up with things on your own. There are really things which cant really be known or would really be learned up on just simply watching videos, watching other peoples analysis and hearing out some mentors advises. As i have mentioned earlier that its not bad on having a mentor since it could really fasten things up a bit
when it comes in overall learning but sooner or later you would really be that be able to find out their irrelevance in overall learning that you would be having.

R


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October 17, 2023, 09:49:23 PM
 #44

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
If you think that hiring a mentor will improve your trading skills, then go for it. But it's hard to look for it on some random strangers that you only find online. Of course, they will surely claim that they have been successful and profitable in all their trades which I think is not true at all since even professional and expert traders still lose in trading. I suggest that you find some personal friends that are into trading, at least the chances of not to be scammed is still high.

However, I must say that not everything in trading is learned through mentoring, because some are self-learned just like managing your own emotions in trading, dealing with the high risks in trading, and making yourself at ease and calm with the high market volatility. And you can only develop all of these not by reading or listening to some crypto traders, but by letting yourself experience the real scenario in live trading. Know that there are some things that you need to learn from your mentor, and there are some factors as well that only yourself can help you to develop that. 

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October 17, 2023, 10:08:53 PM
 #45

...What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?..

You will have a problem even at the stage of choosing a mentor. Where and on what principle will you choose it? I think that someone who could really become a good mentor will not waste his time teaching others, since his services will be very expensive and there will be no newcomers who will be able to pay for them.

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October 17, 2023, 11:06:30 PM
 #46

...What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?..

You will have a problem even at the stage of choosing a mentor. Where and on what principle will you choose it? I think that someone who could really become a good mentor will not waste his time teaching others, since his services will be very expensive and there will be no newcomers who will be able to pay for them.
I agree with you, but because there are so many mentorship programs available, the fees are affordable. However, this does not imply that they are poor mentors; there are some mentors who simply want our money despite the fact that they are aware that they cannot foresee the price of bitcoin and do not know how to trade. So, as you mentioned, the most difficult step is selecting a mentor. If you have any friends who are successful traders, ask them which mentorship programs they recommend. That is my method of selecting mentorship.

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October 18, 2023, 12:33:10 AM
 #47

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
Is your trading mentor someone you know before or someone close to you? if yes then this will be more difficult. especially if your friend or mentor doesn't set a fee to become that mentor. In fact, in some places, mentors for trading are paid and have fees. However, usually they already have a list of individual fees according to the package taken.

However, if there hasn't been any discussion regarding this matter beforehand, then you should just give him something he likes. or if not, just send him Bitcoin. When you want to find it, maybe they or maybe your mentor will reject it but just say it as a way to thank.

R


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October 18, 2023, 06:48:03 AM
 #48

I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

My own opinion will be different from other people's. Why I said that is because I don’t think a mentor is necessary in trading, and I won’t advise you to get one. The reason you lost money for the first time is due to your ignorance, which means you don’t have sufficient knowledge that is needed, and you went and started trading.
That is why knowledge is very important; you need to be knowledgeable about everything you are about to do.

However, a mentor is not necessary since you want to go back to your trading journey. Why don’t you just calm down and learn the entire trading process, including the technical analysis and everything needed, so that you can confidently trade bitcoin by yourself and not wait for another person to guide you through anytime? Because if you mentor, you may be too lazy to learn other things, and you won’t have any strategy on your own because the mentor will give you the method he also uses.

I personally believe that the best thing to do is just show your worth, if you can do that then people would flock to you and you could make a great return from that, it doesn't have to be quick, but do not expect anyone quickly in that case neither.

Exactly. There is no difference between trading signals and having a mentor, since both will be the ones controlling you. You will not have your own decision about the market until you wait for the decision of your mentor, which I think is quite wrong. And what if, incidentally, the mentor is not around? Are you going to wait for him until he comes back before you continue your trading? I believe you will want to trade, and there are no skills you may lose, so you can see that all that is needed is knowledge so that you can do everything on your own.

R


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October 18, 2023, 09:46:38 AM
 #49

Exactly. There is no difference between trading signals and having a mentor, since both will be the ones controlling you.
They're different, real mentors won't make you dependent on them because that sucks. Teaching other people is time-consuming, professional traders very rarely take on the profession of mentor too, because they don't want to squeeze money from beginners.

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October 18, 2023, 10:49:00 AM
 #50

I also learned trading and crypto guided by a friend who volunteered to be a mentor for me. When I will repay him for all the guidance he has given me. It turned out he refused because he had volunteered to teach me. But I forced him and finally he accepted. There was a reason behind him refusing my gift. Because he is a reliable trader and many people want to learn from him. But he said he refused payment from me because he didn't want other people to hear that he was back teaching other people. Because it seems he really doesn't want to teach other people anymore. He taught me at that time because I got to know crypto and its trading from him through a chance meeting. And yeah we became friends. But because I'm busy working. so it's been a long time since I visited it.

In my opinion, mentors are very necessary. Because I felt directly the benefits of expert guidance. But the most difficult thing is to find a mentor who is truly professional in that field. Because there are also many fake mentors who only provide basic guidance that we can find even through free videos on YouTube. So be careful in choosing a mentor. Because real professional traders sometimes don't even want to open study classes. Because they always want to focus more on themselves. Because the profits from the trade they carry out are enough for them.

But in my opinion there are times when we also have to join trading groups to share experiences with other traders. and take lessons.

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October 18, 2023, 02:00:56 PM
 #51

If you want to learn the complete trading knowledge, you should hire a person who has a good reputation in trading. As you said, theoretical things could be said by anyone without proper experience but only with knowledge. And when it comes to the live market, you need experience with knowledge. Not only knowledge but both.

In order to get the best out of your learning, you should make a contract. If you pay that guy monthly or let's just say weekly, then there's a chance that guy may stop midway and not put his best effort to teach you. I don't know how much should you pay that guy but whatever it is, make a contract that you will only pay after you learn everything. So that he won't stop teaching you the midway. Many won't agree with this but you need to make this work. If you can then you are good to go.
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October 18, 2023, 02:12:25 PM
 #52

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
I think it depends on the level of knowledge and experience and the track record of the mentor about how good he has been doing himself in his trading career. It also depends on what kind of guidance and mentorship you are looking for. If you are okay with someone with not a lot of expertise but are doing okay themselves, you will probably need to pay less to them for mentorship. However, if you want someone who is an expert in the market and can also educate you about fundamental and technical analysis and all other important things, you will obviously need to pay a higher amount.

Having a mentor is obviously a good thing if you are serious about your trading and you have tried everything but aren't able to grasp the ideas by learning yourself. There are a lot of people who tend to understand things more easily if they are taught by a person in a one-on-one conversation instead of watching videos or reading different material.

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October 18, 2023, 02:17:23 PM
 #53

Exactly. There is no difference between trading signals and having a mentor, since both will be the ones controlling you.
They're different, real mentors won't make you dependent on them because that sucks. Teaching other people is time-consuming, professional traders very rarely take on the profession of mentor too, because they don't want to squeeze money from beginners.
While getting a mentor for trading is a good idea, I don't think it'll be worth to pay for that mentor who is only getting some insights also with other people. I agree, real traders don't need to add a hustle and mentor any one who wants to be taught. Perhaps they are your friend, or relative then you can hand them some money from your profit. Trading + Teaching + facilitating someone is very time-consuming, I mean I would just trade on exchange instead of teaching someone like I'll be doing the same trade I am teaching him and see myself win. OP can just like join as many signal groups as he likes, follow the majority of it and see out results.
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October 18, 2023, 04:35:13 PM
 #54

Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?
Not all mentors require some kind of reward, Most mentors are in better position than their mentee's so they know that their service to you in form of mentorship cannot really be rewarded. Some just need to be appreciated every now and then with little gestures of appreciation like gifts etc. They do not need to demand it of course before you act.

The best reward for some other mentors for their mentorship is also you their mentee striving to become better and more independent enough to mentor another person, so they can be proud of you.

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October 18, 2023, 05:30:14 PM
 #55

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
Is your trading mentor someone you know before or someone close to you? if yes then this will be more difficult. especially if your friend or mentor doesn't set a fee to become that mentor. In fact, in some places, mentors for trading are paid and have fees. However, usually they already have a list of individual fees according to the package taken.

However, if there hasn't been any discussion regarding this matter beforehand, then you should just give him something he likes. or if not, just send him Bitcoin. When you want to find it, maybe they or maybe your mentor will reject it but just say it as a way to thank.
He said "when I met" so I think he doesn't have any mentor yet. But if the mentor is like you said (the people we already knew) it was actually easy to negotiate with them and it's also easy to learn because we are already comfortable with them.

We are lucky if we have such people because we don't need to put in much effort to look for a legit mentor and may be most of them can ask an expensive fee for their service. It's normal that the people we know can't decide if how much is the appropriate fee for their service when we ask them. They can even accept it even if you won't pay them but of course that will be shameful for us so we still end up giving them something.

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October 18, 2023, 07:15:41 PM
 #56

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
While finding a mentor is probably the fastest and the most convenient way to improve your trading skills, they are hard to find, and this is because they know that information too, so for the most part they only share their knowledge with those that are close to them, so any monetary offer that you make to them will fall on deaf ears as they can generate that amount of money on the markets, so I think your best shot is simply to become their friend and then ask nicely about the possibility of being mentored by them.

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October 18, 2023, 07:30:41 PM
 #57

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
While finding a mentor is probably the fastest and the most convenient way to improve your trading skills, they are hard to find, and this is because they know that information too, so for the most part they only share their knowledge with those that are close to them, so any monetary offer that you make to them will fall on deaf ears as they can generate that amount of money on the markets, so I think your best shot is simply to become their friend and then ask nicely about the possibility of being mentored by them.
If you do have a friend which is a good trader then offering money or some sort of fee then it would really be that important since they could really be able to make easy money out of their trades.Its true that you would really be that lucky if ever you would really be taught by someone who does have that right knowledge and would really be able to guide you on the right way on learning things specially on trading.
Honestly we wont really be that needing a mentor since we could really be able to learn by ourselves without the need of someone but it is really that normal that there would really be people who are really just that too lazy on learning things by themselves and this is why they do much prefer on having someone that would really be able to guide them because if your not then for sure you would really be that needing to do by yourself
on which it isnt a bad option either.

Be careful on trying out to join some groups and have those so called experts on which having those kind of offering that needing to pay up something for you to be able to access the group or being mentored
simply with trading. Im not saying that its bad but most of them are shit and useless. Information and analysis been made arent really that spectacular or something that would really be
worth on what you had paid for.

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October 18, 2023, 09:09:11 PM
 #58

Exactly. There is no difference between trading signals and having a mentor, since both will be the ones controlling you.
They're different, real mentors won't make you dependent on them because that sucks. Teaching other people is time-consuming, professional traders very rarely take on the profession of mentor too, because they don't want to squeeze money from beginners.
Mentor is there to teach you and to guide you, and not to feed you so this is the biggest difference between a mentor and a trading signal. So having a mentor can be a big help as long as he’s a legit mentor and just asking for something based on what you have agreed on. If you are willing to pay for a good mentor then expect to receive the best knowledge that you can get and you don’t have to bring anything to your mentor, not unless it is stated on your agreement.

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October 18, 2023, 09:34:25 PM
 #59

I think that your search for a mentor is no different from your choice of trading signals; they will give you guidelines on when you should start buying and selling. It's like that's what you want to happen when you do a trading activity.

The type that won't act or move until there's a signal to tell you, right? Do you really want to learn to trade to make money? I don't even know what your true intentions are, but I hope you're happy with what you're doing, dude.


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October 18, 2023, 10:10:36 PM
 #60

I think that your search for a mentor is no different from your choice of trading signals; they will give you guidelines on when you should start buying and selling. It's like that's what you want to happen when you do a trading activity.

The type that won't act or move until there's a signal to tell you, right? Do you really want to learn to trade to make money? I don't even know what your true intentions are, but I hope you're happy with what you're doing, dude.
You absolutely got the OP wrong, such is at the right lane in trading as knowledge is power and the OP seeks it. The OP seeks mentorship, this is not a signal provider, a copy-trading arrangement or a lazy approach, and it's better than having a teacher in trading who will only teach and abandon the student. Mentorship is sharing your knowledge and technical know-how with someone in a bid to groom such a person until the knowledge and experience of the mentor are successfully passed to the mentee. This arrangement will show the OP how to trade and will reduce the time to be wasted by such as direct knowledge would be transferred without try-by-errors.

The only requirement is for the mentor to be up and doing and to be true to the experience preached. Such must have a good trading system, a track-winning record with stable account earning and management as proof of the worthiness.

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October 19, 2023, 01:24:06 AM
 #61

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.

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October 20, 2023, 08:29:23 PM
 #62

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.
You cant blame out people on having that allergic kind of approach towards mentors yet it is true that everything could really be learned or could really be searched online on which there's no need for some mentor
or gurus that would really be teaching you up into those skills that you do want to learn but its true that if you want to fasten things up a bit then its not bad to consider on getting one but of course there's always a fee or subscription that you would be needing to pay but i dont really see the difference between those paid and free ones yet approach towards the market will really be always that speculative and  this is why
im not really that saying that it would really be that significant on having a mentor but if you do find out yourself on preferring  this then its your choice.

We do have our own decisions in life and its up to us whether we would really be walking on that path or way or would really be going with our own yet everything could really be self learn but since
you do love on being teach or told then its your choice. Just remember that you should not be paying up that much when it comes on being mentored and if you do see the
price is already that much then better skip out but if its just peanuts then it is considerable.

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October 22, 2023, 06:20:42 PM
 #63

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Meeting potential mentors is hard to come across these days because some claim what they're not. Honestly, I understand this feeling. At some point, I started using copy trading to fill up the space of my earning while I learn. You could find a mentor but I scaled through learning from those who are better than I'm, and joined a small group of good traders as well. I wish you luck in finding a mentor

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October 23, 2023, 06:15:13 AM
 #64

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.
Always anticipates in legit projects, because the high number of scams in this present day is obviously not what we need to stand, rather there are other ways we could be able to sort ourselves out. I wouldn't advise anyone to pay for online mentorship but rather stick to the basis of trading and besides, anything we're keen on learning is online. That's were I acknowledged most of my tradung strategies and disciplinary principles to apply. Trading mentors is rare these days due to the increased in numbers of crypto influencers who are just in the space to generate monetary value, they're present only to lay hands on all the possible money equivalent to their strength, having no interest in ensuring their mentees have the best knowledge of the market.

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October 23, 2023, 10:02:46 AM
 #65


What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

You mixed things up. You are asking as if you are the mentor that what to have an idea on how to bill your subjects. But in this context, you are the supposed learner. It is the mentor that will choose how he will be remunerated and not the other way round. So, meet your mentor first and he will say how you will pay. If by chance he demands nothing from you, it is when you can ask us these questions.

If you are looking for a mentor, you may look for like three good traders that can mentor you.
Mate, are you are this is not a bad idea. Having more than 1 mentor will be demanding and distracting. 3 good traders have different strategies and one person learn from 3 different experts as mentors will be distracting. At a point you may not know whose strategy to apply and whose to ignore.

I will advise he have one mentor and use the forum advice to augment, things will be fine.

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October 23, 2023, 10:17:36 AM
 #66

Mate, are you are this is not a bad idea. Having more than 1 mentor will be demanding and distracting. 3 good traders have different strategies and one person learn from 3 different experts as mentors will be distracting. At a point you may not know whose strategy to apply and whose to ignore.

I will advise he have one mentor and use the forum advice to augment, things will be fine.
No you do not understand me. Let me quote myself:

If you are looking for a mentor, you may look for like three good traders that can mentor you....You can then price it to see what would happen. Go for only one mentor with a better price.

You should be able to understand now.

All I meant is if he wants to go for mentoring, he can go if he wishes for it, but he should not just go directly to one mentor but to like three mentors and go for the one with the low services fee, but still the among the ones he know to be the best. He can know how good they are from their trading history page which they will show him.

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October 23, 2023, 11:41:41 AM
 #67

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.

Right. Personally, I would prefer having a mentor. That is what I’ll be doing. But I understand why many traders dont want this kind of setup. They might believe in a trial and error approach because they think that they can learn best from their own mistakes. Others may be hesitant because of the cost associated with mentorship or a lack of trust in the mentor's abilities haha I mean, I its valid when you doubt others right? Also I think most traders want the thrill of figuring things out independently right from the beginning of their journey.
But for me, having a mentor provides personalized guidance who helps you avoid common pitfalls and fast tracks your learning curve. They share real life experiences because they can teach you strategies that books and youtube videos often can't capture and they can also be a support system who can help you navigate the emotional rollercoaster of trading. Its like learning someone whos already been there. To be honest, this forum also works that way, I mean as a mentor haha you just have to filter which one you will absorb

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October 23, 2023, 12:00:04 PM
 #68

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again
In trading their is some certain things in which involves in a trade, because I know quite well that trading is something I know that it has to with skill and when you don't have the skill you won't be able to make a profit in it, so it's the one of the reasons while people ensure that have understand the concepts of trading before venturing into it, sometimes some people do lose in trading because they don't comprehend the rudiments of it..its very obvious that when you know the foundation of trading you will not be able to be getting lost at all time.

I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
In some areas they have a school of trading in which your teacher is your mentor in the class, because I my location we have were you can learn trading and each student have two teachers that will inculcate the knowledge of trading to any student, but you will not really depend on the teachers because they multiple students to teach.

So the best strategies to use in learning of trading after you have a teacher that passed the primary information of trading is to add up information through a youtube tutorial video, so I think that the information of youtube will help you to accumulate the studies and memorise the keys of trading..when you don't know the keys of trading you will end up losing.

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October 23, 2023, 08:24:59 PM
 #69

In some areas they have a school of trading in which your teacher is your mentor in the class, because I my location we have were you can learn trading and each student have two teachers that will inculcate the knowledge of trading to any student, but you will not really depend on the teachers because they multiple students to teach.

So the best strategies to use in learning of trading after you have a teacher that passed the primary information of trading is to add up information through a youtube tutorial video, so I think that the information of youtube will help you to accumulate the studies and memorise the keys of trading..when you don't know the keys of trading you will end up losing.
I would say classes would be a good place to start, I do not have anything like that near me, I do not think that there are trading schools where I live as a whole nation, but if there were any places like that I am sure that it will be filled and everyone would be trying to get a place there.

Unfortunately we do not have even a simple crypto class where I am, it would be smart to have one, because people would want to learn more about it and the class would be filled and if you make it really cheap, like 100 dollars for a whole semester, then you can fill the quota very easily and yet schools do not do it for some reason. All in all I believe a fixed rate would be more than enough for any mentor, that should be the limit.

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October 24, 2023, 02:19:08 AM
 #70

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

Mentors can help you start trading, they will provide basic knowledge of trading that you can do. and the next task I think you have to develop your trading skills yourself.

If you want to find a mentor in trading, I hope it's someone you know. It will be more fun if you learn from friends or people you know. I also learned the beginnings of trading from a mentor who was my own friend. but I developed it from the community in the telegram group. Be careful, by choosing a telegram group that only shares signals, not education to grow our trading skills.

I don't know the exact price that must be paid for knowledge and skills. they take their time which we should appreciate too.


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October 25, 2023, 02:26:31 PM
 #71

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.
(....)
But for me, having a mentor provides personalized guidance who helps you avoid common pitfalls and fast tracks your learning curve. They share real life experiences because they can teach you strategies that books and youtube videos often can't capture and they can also be a support system who can help you navigate the emotional rollercoaster of trading. Its like learning someone whos already been there. To be honest, this forum also works that way, I mean as a mentor haha you just have to filter which one you will absorb
That is what a mentor is. Just treat it like your grade school teacher, so don't blame your mentor if something you do later on will disappoint you or fail you.
The mentor will just guide you, so most of actions must come from you, you need to work for it.

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October 25, 2023, 07:35:23 PM
 #72

That is what a mentor is. Just treat it like your grade school teacher, so don't blame your mentor if something you do later on will disappoint you or fail you.
The mentor will just guide you, so most of actions must come from you, you need to work for it.
That is where the value of a mentor shines through, the majority of those that want to learn how to trade are like chickens running around without a fixed direction, and that is why it takes them so long to actually get anywhere, a mentor can guide their student to avoid most of those mistakes and help them move in the right direction, so if learning how to trade could have taken you years, your mentor can reduce that amount of time to a single year.

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October 25, 2023, 07:40:49 PM
 #73

In some areas they have a school of trading in which your teacher is your mentor in the class, because I my location we have were you can learn trading and each student have two teachers that will inculcate the knowledge of trading to any student, but you will not really depend on the teachers because they multiple students to teach.

So the best strategies to use in learning of trading after you have a teacher that passed the primary information of trading is to add up information through a youtube tutorial video, so I think that the information of youtube will help you to accumulate the studies and memorise the keys of trading..when you don't know the keys of trading you will end up losing.
I would say classes would be a good place to start, I do not have anything like that near me, I do not think that there are trading schools where I live as a whole nation, but if there were any places like that I am sure that it will be filled and everyone would be trying to get a place there.

Unfortunately we do not have even a simple crypto class where I am, it would be smart to have one, because people would want to learn more about it and the class would be filled and if you make it really cheap, like 100 dollars for a whole semester, then you can fill the quota very easily and yet schools do not do it for some reason. All in all I believe a fixed rate would be more than enough for any mentor, that should be the limit.
Even lets say that these things would really be mold up on a 3rd world or developing country then asking for $100 for whole semester then it would really be unlikely but rather things turns out to be that expensive
knowing that sharing or teaching up such thing like this would really be time consuming and learning up the skill isnt something that could really be handled by anyone who would really be tending to enroll on which it is really just that a common scenario that could happen.Also, when it comes to learning then we cant really be able to deny that there are really indeed things that we could be able to get it for free on which everything
on this world could already be searched up, on which means that there's no need for some sort of schooling or having those paid mentors if you could really just actually make on your own.

Im not saying its completely garbage but its really that pointless on having one because you could really be learning things on your own without depending with these gurus or professionals.
You could really be able to make yourself that better with your own ways and with your own effort and time that had been applied.
There's no way that  you cant really be able to access yourself with those common trading strategies and other stuffs online. It is really just that a matter of
effort on searching up things.

R


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October 25, 2023, 09:06:11 PM
 #74

That is what a mentor is. Just treat it like your grade school teacher, so don't blame your mentor if something you do later on will disappoint you or fail you.
The mentor will just guide you, so most of actions must come from you, you need to work for it.
That is where the value of a mentor shines through, the majority of those that want to learn how to trade are like chickens running around without a fixed direction, and that is why it takes them so long to actually get anywhere, a mentor can guide their student to avoid most of those mistakes and help them move in the right direction, so if learning how to trade could have taken you years, your mentor can reduce that amount of time to a single year.
a mentor who can guide you well and patiently during your education in trading is much more valuable than gold, he makes you shorten the time of learning to trade appropriately so giving him a gift must not be done carelessly, you must know what is really important to him.  but usually men really like watches, or shoes, you might be able to look for an expensive watch or nice shoes that suit him, don't be stingy with people who have made a big contribution to you.

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October 25, 2023, 11:59:13 PM
Last edit: October 26, 2023, 12:10:03 AM by mirakal
 #75

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
 If you happen to bump into a high quality mentor, I believe giving him some shares of your profits is not enough. Although everyone is up for profits, but the best thing that you can reward your mentor is your success that you obtained from your trading career. Trading can be for everyone but not everyone is capable to trade and make it work. And if you're lucky enough that you are gifted with the skills in trading, then most likely you don't achieved it just by your own self but you also take credits from your mentor. Because a mentor that is not motivated with greed for profits is most likely the mentor that will help you throughout your trading journey regardless of inevitable losses in the process.

However, the determination and motivation to learn to trade without setting a time limit is also a proof that you can also be successful in trading even without a mentor itself. Because mentors are just like us, they started as a scratch. So if we pursue our passion in trading and continue to build up our skills and strategies in trading, then we can also be mentors in the future just like them.

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October 27, 2023, 06:55:53 PM
 #76

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Meeting potential mentors is hard to come across these days because some claim what they're not. Honestly, I understand this feeling. At some point, I started using copy trading to fill up the space of my earning while I learn. You could find a mentor but I scaled through learning from those who are better than I'm, and joined a small group of good traders as well. I wish you luck in finding a mentor

Many might claim to be mentors yet they lack all it takes to actually mentor someone.  Potential mentors are hard to find. The few we see around only do it for the sake of the rewards they'll get after the mentorship.  Some mentors are trick, they conceal vital information from their mentees.

Getting a mentor is not a guarantee that you will do well in trading. Having a mentor is not bad either. While undergoing the mentorship training,  we also do our research and practice on our own too. The mentor will only teach,  he won't be held accountable for your mistakes later in the future. Ask questions,  check trends and histories. Copy trading will help too. By doing this, you are getting knowledge from different sources which will help you make decisions and trade effectively.

R


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Viscore
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October 27, 2023, 09:28:37 PM
 #77

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
I suggest do not focus first on the rewards you can offer to the mentor. The fact that you pay him decent amount for every trading session, then that's enough for now. Focus on how to build your skills and strategies as a trader. And you can achieve that through frequent market experience as you become highly exposed to what real trading is all about. Do not fear if you commit mistakes and losses from trading, that's a good motivation for you to improve your trades and be the best version of yourself so you can be successful in your trading endeavor.

When you are making big from trading, that's the time that you will find time to reward your mentor more than from what he is expecting. He is also a part of your success that's why he should be given some credits whatever you will achieve as a successful trader.


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Hamphser
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October 27, 2023, 09:42:19 PM
 #78

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
I suggest do not focus first on the rewards you can offer to the mentor. The fact that you pay him decent amount for every trading session, then that's enough for now. Focus on how to build your skills and strategies as a trader. And you can achieve that through frequent market experience as you become highly exposed to what real trading is all about. Do not fear if you commit mistakes and losses from trading, that's a good motivation for you to improve your trades and be the best version of yourself so you can be successful in your trading endeavor.

When you are making big from trading, that's the time that you will find time to reward your mentor more than from what he is expecting. He is also a part of your success that's why he should be given some credits whatever you will achieve as a successful trader.


You should really be making yourself aware that if you are that someone paying up some subscription fees then it would already be that enough.Its up to you whether you would really be adding up some amount for some complimentary then its up to your choice but its not actually that necessary on which you wont really be needing on doing so because you are already giving those kind of benefit. How much more if you are really that under his referral specially on exchange which we know that they could really benefit out in terms of some referal bonus or what their referrals been earning on which it is normal that they would really be earning too.

I dont really like on having a mentor on which considering that everything could really be known and could really be learn up for yourself then i dont see the relevance or the need for this one.
You could really be able to trade on your own but if you want to fasten up a little bit then go ahead and get or follow some mentor but of course there's really that a fee or payment for that.
If you do find out some free then its good but be careful on whom you are following into yet not all mentors that do exist are really that worth for your time and effort.

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knowngunman
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October 27, 2023, 09:58:42 PM
 #79

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

I think I'm missing something here. As a learner you have no chance to decide on the reward to gift your mentor unless it's a free course, the mentor will decides on what he/she will accept and you may either chose to agree or disagree. But as you requested, I assume it to be a free class and in that regard I will say it depends on individual but regardless, the best reward for mentorship is gratitude and appreciation. Although everyone value gratitude in different ways, to some it maybe material gift or cash while some are satisfied with a mere thank you. So you need to figure out which one the mentor prefer and you can start from there. As for frequency, it will depend on how long you both agreed with each other but it is also good to keep up with the appreciation even after your learning period.

The important thing is to make sure your mentor knows how much you value their help and support.

R


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October 27, 2023, 09:59:56 PM
 #80

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
Give him the profits he deserved. You won't be that capable you envisioned right now without your mentor that has been guiding you all the way. And if asked if how often this should be, as long as you want to share with him your profits. That's how simple it is. And as a suggestion, find a mentor that is already close to your heart so that you can easily trust him and the doubts if he will only scam you will never happen. There's a lot of good mentors around, but only rare of them can be trusted and can entrust yourself as a trader to be the best that you can be.

For now, look on your circle of friends if there are good and reliable traders. Trading will be a lot easier no matter how risky and stressful it is as long as you are with someone that understands your weakness and helps you with your goal to achieve it in its due time.

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October 27, 2023, 11:10:27 PM
 #81

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.

Having a mentor is actually an advantage for us. Of course, at least someone will guide what we do in the actual trade, rather than no one guiding us, because, let's say, you can study without mentors. That's why it takes time for you to learn something.

Apparently, a student will not have that diploma if there is no teacher who taught them, and you will not know that you are improving if you cannot see whether your grade is high or low. This is just an illustration. But since we are talking about trading, you might as well be careful. If they help you for free, that's good; take advantage and take chances, but if you are charged, that's not good in my opinion.

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October 30, 2023, 07:09:48 AM
 #82

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.

Having a mentor is actually an advantage for us. Of course, at least someone will guide what we do in the actual trade, rather than no one guiding us, because, let's say, you can study without mentors. That's why it takes time for you to learn something.

Apparently, a student will not have that diploma if there is no teacher who taught them, and you will not know that you are improving if you cannot see whether your grade is high or low. This is just an illustration. But since we are talking about trading, you might as well be careful. If they help you for free, that's good; take advantage and take chances, but if you are charged, that's not good in my opinion.
The last point you make is key, someone that wants to trade should not pay for the mentorship they receive, this may seem unfair but there are so many scammers and so many people claiming to be great traders that most likely you will give your money to someone that does not deserve it, so it is preferable to learn on your own if you cannot find someone to teach you for free, as early on when your money is limited you need to avoid unnecessary expenses, and it is much cheaper to learn from a book than to learn from such mentors even if they were legitimate.
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October 30, 2023, 09:32:24 AM
 #83

I don't think it would hurt to have a mentor. But you must be careful about who you take on as a mentor. Because you may not be able to do much without a good and wise mentor. Your mentor should be someone who has already reached the destination you want to reach and has already led many people to that destination through his orders. If there is such a suggestion then you can get the suggestion even through subscription. But you don't just have to listen to him and act on his words. And you have to consider yourself on a case-by-case basis.
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October 30, 2023, 12:09:33 PM
 #84

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.

Having a mentor is actually an advantage for us. Of course, at least someone will guide what we do in the actual trade, rather than no one guiding us, because, let's say, you can study without mentors. That's why it takes time for you to learn something.

Apparently, a student will not have that diploma if there is no teacher who taught them, and you will not know that you are improving if you cannot see whether your grade is high or low. This is just an illustration. But since we are talking about trading, you might as well be careful. If they help you for free, that's good; take advantage and take chances, but if you are charged, that's not good in my opinion.
The last point you make is key, someone that wants to trade should not pay for the mentorship they receive, this may seem unfair but there are so many scammers and so many people claiming to be great traders that most likely you will give your money to someone that does not deserve it, so it is preferable to learn on your own if you cannot find someone to teach you for free, as early on when your money is limited you need to avoid unnecessary expenses, and it is much cheaper to learn from a book than to learn from such mentors even if they were legitimate.
Would really be just that a complete waste of money if you are really that tending on paying up on something which you could actually get for free. There really just that people who doesnt really like on hassling themselves on making some research or doing the hard work and this is why they dont really mind on paying up someone if ever they would be able to do so or get on what they do want.Everyone does really like on that fast pace kind of learning on which this is really that a normal but this is where things turns out to be a mess on which you would really be rushing up things without even minding on whats the real essence of trading on which this is something a skill that cant really be learnt overnight or something that could really be able to learnt on a short period of time.

This is why it would really be that always better that you should really be that learning on your own rather than on making yourself that be too reliant into others. All of information could really be that
able to research online and everything would really be that gained.It is really just that a matter of some effort and action to be made if you are really that serious but if you are that someone
whose really that lazy then you would really be that finding yourself on such trouble.

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October 30, 2023, 01:12:49 PM
 #85

Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?
Professional traders like Brian Beamish offer mentoring as well as courses where you learn the trading craft. Have you ever thought about booking such courses? Some lessons are also available for free (or on Youtube *cough*), so you could get a picture of him and his learning methods.

I personally haven't booked the course, but I follow him on Twitter/X. This is him: https://twitter.com/CRInvestor

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October 31, 2023, 09:56:47 AM
 #86

Yes, having a mentor is a good decision for you. You are open to something like that, and you are willing to hire a mentor. In terms of mentors, you can also consider copy trading on a legitimate copy trading app while you are still learning, or you could enrol in a trading class that would be a good option, or if you don't want to pay, then there's YouTube, where you can watch or read blogs in order to gather enough knowledge and skills to efficiently trade and earn. In terms of reward, you can give a percentage of your profit for every trade you and your mentor make. In that way, you will have a fixed amount of reward, and it will also prevent conflict between you and your mentor. But of course, be careful. It's better to hire a mentor who's close to you, like a friend, colleague, or family member.

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October 31, 2023, 03:42:03 PM
 #87

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Meeting potential mentors is hard to come across these days because some claim what they're not. Honestly, I understand this feeling. At some point, I started using copy trading to fill up the space of my earning while I learn. You could find a mentor but I scaled through learning from those who are better than I'm, and joined a small group of good traders as well. I wish you luck in finding a mentor
Have paid lot of mentors in the past who never gave me value for what I paid , wasted money on fake mentors .. I will rather use a bot to help me trade while am enhancing my knowledge than have a mentor deceive me again
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October 31, 2023, 06:19:30 PM
 #88

I don't think it would hurt to have a mentor. But you must be careful about who you take on as a mentor. Because you may not be able to do much without a good and wise mentor. Your mentor should be someone who has already reached the destination you want to reach and has already led many people to that destination through his orders. If there is such a suggestion then you can get the suggestion even through subscription. But you don't just have to listen to him and act on his words. And you have to consider yourself on a case-by-case basis.
You are right because you maybe curious of getting mentor and it landed you into wrong hand, so whoever that is having a mentor should be very careful because I believe that getting a mentor is actually good but the problem is that the mentor does it know the pathway of what you are looking, sometimes with some mentors they drives you to a place that you don't know...so it's good for you to look for it by yourself and be learning online first to have the knowledge of trading before looking for someone you depends on in trading.

With online video through a youtube you will learn some scopes of trading that you don't know and with that you can be able to understand the concepts of trading before soliciting for a mentor, their is something I understand in trading, a continuous practice in trade expand us via the knowledge of trading, this is what we should understand via trading and its concepts the way I understand the method of learning trading.

Trading have advantages and disadvantages and I believe that when you are trading subsequently you understand some certain barriers that is involve in trading you have to skip them because you have already experienced it before, so whosoever that is trading everyday either with small amount of funds or big amount of funds will know and understand the obstacles that's involve in a trading and it will overcome them.

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November 01, 2023, 06:39:09 PM
 #89

Have paid lot of mentors in the past who never gave me value for what I paid , wasted money on fake mentors .. I will rather use a bot to help me trade while am enhancing my knowledge than have a mentor deceive me again
The mentor in my opinion must be someone that you know and that sees you in good light, that way you will know that you are not being deceived by them and being taken advantage of, however if you are the one paying a mentor then it is unlikely you will get the desired results, because as the proverb says ‘Those who can’t do, teach.’ so it is unlikely that someone that takes the time to teach others and charges money for it knows how to trade professionally or they will actually do that instead of becoming a mentor.

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November 02, 2023, 08:41:42 PM
 #90


Have paid lot of mentors in the past who never gave me value for what I paid , wasted money on fake mentors .. I will rather use a bot to help me trade while am enhancing my knowledge than have a mentor deceive me again
Sorry about this. Good mentors are hard to find these days. That is why I advise that we do researches on our own so we will not only gain knowledge  but also detect when our supposed mentors are going off track. Having a mentor is not bad at all,  just that fake mentors have outnumbered the real ones, making it difficult for newbies to rely solely  on mentorship alone.

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November 02, 2023, 10:57:53 PM
 #91

Professional traders like Brian Beamish offer mentoring as well as courses where you learn the trading craft. Have you ever thought about booking such courses? Some lessons are also available for free (or on Youtube cough), so you could get a picture of him and his learning methods.
If the Op really wants a mentor, it’s better he gets someone in his locality that can guide him physically. Not everyone is always able to learn easily by watching videos and reading books, but if there is someone who can teach him offline, then it will be better. According to the Op, he already tried and lost money. He needs someone who can explain how the practical aspects work, so the OP will need someone to teach him the practical aspects, which will be best learned if the Op gets someone close to him. But he should also be careful because there are lots of people claiming to be professional traders, and most of them only know the theory.

Sorry about this. Good mentors are hard to find these days. That is why I advise that we do researches on our own so we will not only gain knowledge  but also detect when our supposed mentors are going off track. Having a mentor is not bad at all,  just that fake mentors have outnumbered the real ones, making it difficult for newbies to rely solely  on mentorship alone.
It's sort of hard to find a genuine person because even those who are just getting started in the crypto area are pretending to be professionals. However, if the OP can find someone who is truly a professional, then it's going to be of great use to him. It's often better to learn from someone in person than from videos and books you read online, so it's great if the Op can find a qualified mentor.

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November 03, 2023, 12:46:57 AM
 #92


Have paid lot of mentors in the past who never gave me value for what I paid , wasted money on fake mentors .. I will rather use a bot to help me trade while am enhancing my knowledge than have a mentor deceive me again
Sorry about this. Good mentors are hard to find these days. That is why I advise that we do researches on our own so we will not only gain knowledge  but also detect when our supposed mentors are going off track. Having a mentor is not bad at all,  just that fake mentors have outnumbered the real ones, making it difficult for newbies to rely solely  on mentorship alone.
personally i would never find mentors nowadays, quite literally the resource for learning are so many out there that I don't think its really necessariy having mentor, more over learning the unique nature of the market can be done directly even though it might costs something like causing us to lose but regardless i think if someone really eager to find some mentor because they think they can't do better with themselves but thats fine but as you said too many people self proclaiming to be trading gurus even mentor in which instead of gaining knowledge by following them we will lose our capital because really everything they do at this point is with ulterior motive of making themselves rich than their own students.

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November 03, 2023, 08:56:08 AM
 #93


What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

You mixed things up. You are asking as if you are the mentor that what to have an idea on how to bill your subjects. But in this context, you are the supposed learner. It is the mentor that will choose how he will be remunerated and not the other way round. So, meet your mentor first and he will say how you will pay. If by chance he demands nothing from you, it is when you can ask us these questions.

If you are looking for a mentor, you may look for like three good traders that can mentor you.
Mate, are you are this is not a bad idea. Having more than 1 mentor will be demanding and distracting. 3 good traders have different strategies and one person learn from 3 different experts as mentors will be distracting. At a point you may not know whose strategy to apply and whose to ignore.

I will advise he have one mentor and use the forum advice to augment, things will be fine.

Well I don’t know about anyone else but my experiences with mentors are quite sour , they demand money & yet I don’t get value for it .. I will rather use bots to build my portfolio tbh .. or rather keep using the bitget copy trading till I’ve gained enough knowledge to trade independently
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November 03, 2023, 03:29:41 PM
 #94

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

I’m not sure but as a good professional trader you have a lot of opportunities. You can join any copy trading exchanges and apply as an elite trader once you have a good track record you will be selected and you can earn rewards. Though for you to be selected you must be exceptional good, exchanges like Bitget will make sure you’re up to standard before you can be selected, which is one of the reasons why Bitget has recorded a lot of success in their copy trading function.
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November 04, 2023, 02:50:38 PM
 #95


What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

You mixed things up. You are asking as if you are the mentor that what to have an idea on how to bill your subjects. But in this context, you are the supposed learner. It is the mentor that will choose how he will be remunerated and not the other way round. So, meet your mentor first and he will say how you will pay. If by chance he demands nothing from you, it is when you can ask us these questions.

If you are looking for a mentor, you may look for like three good traders that can mentor you.
Mate, are you are this is not a bad idea. Having more than 1 mentor will be demanding and distracting. 3 good traders have different strategies and one person learn from 3 different experts as mentors will be distracting. At a point you may not know whose strategy to apply and whose to ignore.

I will advise he have one mentor and use the forum advice to augment, things will be fine.

Well I don’t know about anyone else but my experiences with mentors are quite sour , they demand money & yet I don’t get value for it .. I will rather use bots to build my portfolio tbh .. or rather keep using the bitget copy trading till I’ve gained enough knowledge to trade independently

There alot of gurus and mentors right there saying that most of their trades have a good win rate, some of those known traders created a platform, and seek people who want to learn trading but of course, they need to buy their services as offering, nothing new why there a lot of trading mentor right there that they are saying they are a good mentor, if you have an internet of course tons of youtube tutorial right there and website offering a free lesson, but we have a different way of learning some of them they can do this but some of them must need to have a guidance from other people. So its all about peoples choice how to learn.

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Eternad
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November 04, 2023, 02:57:14 PM
 #96

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Percentage of your profit per trade is what typically the common profit sharing to mentor but some mentorship requires upfront payment for service fee aside from the profit sharing.

I’m not sure if there’s really a legit mentorship in crypto since there’s a lot of scammer here that impersonates as professional trader. I highly recommend copy trading instead of hiring mentorship since you can have the same trade activity to professional without string attached and upfront payment. Only the profit sharing which is just minimal percentage. You can be safe this way instead of trusting someone randomly that will jist teach you what to trade.

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Bushdark
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November 04, 2023, 03:05:06 PM
 #97

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.

Having a mentor is actually an advantage for us. Of course, at least someone will guide what we do in the actual trade, rather than no one guiding us, because, let's say, you can study without mentors. That's why it takes time for you to learn something.

Apparently, a student will not have that diploma if there is no teacher who taught them, and you will not know that you are improving if you cannot see whether your grade is high or low. This is just an illustration. But since we are talking about trading, you might as well be careful. If they help you for free, that's good; take advantage and take chances, but if you are charged, that's not good in my opinion.
As a trader, whether we are aspiring to be a pro trader or just starting our career, it is important for us to have a mentor that would be guiding us on how we need to trade and earn from the market. Traders need to work with people that have good results in the market so that they too can understand and benefits from the market at the same time. Having a mentor is what we need to stay longer with a broad guidance on how to go about our trading career preventing unnecessary pressure and loses that could rise from our selfishness and greediness as a trader.









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South Park
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November 08, 2023, 08:07:39 PM
 #98

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.

Percentage of your profit per trade is what typically the common profit sharing to mentor but some mentorship requires upfront payment for service fee aside from the profit sharing.

I’m not sure if there’s really a legit mentorship in crypto since there’s a lot of scammer here that impersonates as professional trader. I highly recommend copy trading instead of hiring mentorship since you can have the same trade activity to professional without string attached and upfront payment. Only the profit sharing which is just minimal percentage. You can be safe this way instead of trusting someone randomly that will jist teach you what to trade.
Copy trading is not really the solution as then you will learn nothing and you will depend entirely on the performance of someone else, and while you could do well for a time it is unlikely that success can be sustained for the long term as the trader you are copying begins to suffer losses, then it seems that anyone that would like to become a successful trader has no other option other than to learn on their own and stop trying to find for ways to reduce the time and effort necessary to do this.

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Sanitough
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November 08, 2023, 09:47:01 PM
 #99

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.
The challenge if you hire a mentor is that you are not sure if what you get is actually a legit and a professional mentor. You know its easy to claim that you know trading well and that you are making good profits from it, but in reality you are just like any other traders that keep on losing the market. That is the reason why we don't need to trust those trading mentors easily especially if they require higher fees. We need to check their background first if they have been really into trading for several years.

And if you're lucky to have been mentored by a professional trader, then make sure that what you learned are the ones you applied in real trading. Because its undeniable that when we get to trade at live trading, we easily forget what we have learned and just focus on trading using what we think could work in our trades. That is why constant practice and experience in trading is crucial because that's the only way we can improve our trading skills and strategies.
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November 08, 2023, 09:52:05 PM
 #100

I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.
The challenge if you hire a mentor is that you are not sure if what you get is actually a legit and a professional mentor. You know its easy to claim that you know trading well and that you are making good profits from it, but in reality you are just like any other traders that keep on losing the market. That is the reason why we don't need to trust those trading mentors easily especially if they require higher fees. We need to check their background first if they have been really into trading for several years.

And if you're lucky to have been mentored by a professional trader, then make sure that what you learned are the ones you applied in real trading. Because its undeniable that when we get to trade at live trading, we easily forget what we have learned and just focus on trading using what we think could work in our trades. That is why constant practice and experience in trading is crucial because that's the only way we can improve our trading skills and strategies.
How you would really be that able to determine if you are dealing with the right or professional trader? There's no way that you could be able to determine that yet stats could be faked
and they would really be normally showing off only their profitable trades and hiding their losing ones. This is why you should really be careful on choosing one if you dont really like to experience
out such conditions. There are really moments on which you've been thinking that having a mentor would really be something that could fasten up your learning process but we know that
it would really be something that needs up for you to pay something for that.

You could eventually be able to learn up trading without any mentors on your own. Every information you do really need is really that available online.
It is really just that a matter of effort and time engaging on your part. If you dont just let yourself that being too lazy then you could
actually do it.

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November 09, 2023, 07:42:34 AM
 #101

Trading in crypto must have fair knowledge, otherwise it will never be possible to make a profit. When it comes to trading, we know that well-informed and experienced people can profit here. I have traded few times before and lost my money most of the time lost not winning. Trading is basically like gambling where people often end up losing when it comes to earning. That is why trading is not possible for everyone but trading is for those people who have enough knowledge and skills about the market. While trading, a trader always needs to adopt various strategies that can analyze and analyze the market well. And to take the advice of an experienced investor, the position that the adviser advises to invest in should be followed. It is possible to profit from trading when the advisor teaches well about trading then starting that trade, when experience is gained.

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RockBell
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November 09, 2023, 06:26:37 PM
 #102

Trading in crypto must have fair knowledge, otherwise it will never be possible to make a profit. When it comes to trading, we know that well-informed and experienced people can profit here. I have traded few times before and lost my money most of the time lost not winning. Trading is basically like gambling where people often end up losing when it comes to earning. That is why trading is not possible for everyone but trading is for those people who have enough knowledge and skills about the market. While trading, a trader always needs to adopt various strategies that can analyze and analyze the market well. And to take the advice of an experienced investor, the position that the adviser advises to invest in should be followed. It is possible to profit from trading when the advisor teaches well about trading then starting that trade, when experience is gained.
knowledge is very important when you want to start crypto it is very important, one thing people fail to understand is that you can not make a profit in what you don't know, but once you knowledgeable then success is already archived and you might not start making a profit when you start but with time and a few lose but with time your profit is guaranteed when you say trading and gambling are similar that is true especially when you doing features, that aspect of crypto has cost a lot of people and the same time has profited a lot too but is not advised to do futures when you don't have its knowledge. and once anyone is having difficulty in learning you can attach your self to experienced traders to make everything very much easy for you. and after your analysis, you can even consult your mentor and ask for more suggestions from him.

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doomloop
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November 09, 2023, 07:01:01 PM
 #103

How you would really be that able to determine if you are dealing with the right or professional trader? There's no way that you could be able to determine that yet stats could be faked
and they would really be normally showing off only their profitable trades and hiding their losing ones. This is why you should really be careful on choosing one if you dont really like to experience
out such conditions. There are really moments on which you've been thinking that having a mentor would really be something that could fasten up your learning process but we know that
it would really be something that needs up for you to pay something for that.

You could eventually be able to learn up trading without any mentors on your own. Every information you do really need is really that available online.
It is really just that a matter of effort and time engaging on your part. If you dont just let yourself that being too lazy then you could
actually do it.

Indeed it is hard, most especially for a newbie with a limited knowledge in trading but I think another way to tell aside from the stats and others feed back is by the result that we can get after following their lessons and given strategies and signals. If it is a positive one and we are mostly profiting then we can be sure that we are on the right person already. They can be 100 percent legit.

There are also some who only works great at our early tries but later on not anymore. We must be careful with this one, as they are only doing that for us to make a subscription to them and to their offered groups. We see that finding a good mentor still requires some effort, but why can we just use that instead on learning on our own, right? Not only that it was free, we can also lose less money because we are more sure about our own ability.

Hamphser
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November 09, 2023, 07:34:48 PM
 #104

How you would really be that able to determine if you are dealing with the right or professional trader? There's no way that you could be able to determine that yet stats could be faked
and they would really be normally showing off only their profitable trades and hiding their losing ones. This is why you should really be careful on choosing one if you dont really like to experience
out such conditions. There are really moments on which you've been thinking that having a mentor would really be something that could fasten up your learning process but we know that
it would really be something that needs up for you to pay something for that.

You could eventually be able to learn up trading without any mentors on your own. Every information you do really need is really that available online.
It is really just that a matter of effort and time engaging on your part. If you dont just let yourself that being too lazy then you could
actually do it.

Indeed it is hard, most especially for a newbie with a limited knowledge in trading but I think another way to tell aside from the stats and others feed back is by the result that we can get after following their lessons and given strategies and signals. If it is a positive one and we are mostly profiting then we can be sure that we are on the right person already. They can be 100 percent legit.

There are also some who only works great at our early tries but later on not anymore. We must be careful with this one, as they are only doing that for us to make a subscription to them and to their offered groups. We see that finding a good mentor still requires some effort, but why can we just use that instead on learning on our own, right? Not only that it was free, we can also lose less money because we are more sure about our own ability.
You are the ones who would really be finding it whether it would really be that worth for you to follow or not basing up into your observation on which it would really be that depending whether you are really that benefiting or not because we know that there are sometimes things which would really be that relevant on the time that you are really that engaging into it. Speaking about trading then it would really be that totally
depending on how you would be finding yourself to be able to learnt up on your own method, if you do find that you would really be needing some sort of mentor then its your choice.
The only thing that you should be having in mind that you wont really be needing to pay up big just for the sake of learning.

You could be able to learn up things on your own if you are really just that putting up that effort and time for you to be able to learn up the things even on just the basics.
Rest of learnings could really be acquired or done via real dealing or experience.

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ancafe
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November 09, 2023, 09:31:44 PM
 #105

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
Believe it or not, the reward that mentors expect is money because they don't teach you for free and usually professional mentors will provide classes at different rates. If you study with a mentor who doesn't expect money, I think his trading ability needs to be doubted and maybe he doesn't have good trading skills. Even if there is a mentor like the one you described, it is likely that he will only teach ordinary trading and will not be much better in terms of the technical side of what they teach. So far I have not found a single mentor who is willing to teach trading for free, except when discussing on this forum with several people who have good knowledge about trading.

You have to know beforehand, is the mentor teaching you voluntarily or is there something else he wants to get from you as a token of service? Of course, in this case you understand the mentor's side much better because usually people will be seen when we start to go deeper into their lives.

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November 09, 2023, 09:41:08 PM
 #106

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
Believe it or not, the reward that mentors expect is money because they don't teach you for free and usually professional mentors will provide classes at different rates. If you study with a mentor who doesn't expect money, I think his trading ability needs to be doubted and maybe he doesn't have good trading skills. Even if there is a mentor like the one you described, it is likely that he will only teach ordinary trading and will not be much better in terms of the technical side of what they teach. So far I have not found a single mentor who is willing to teach trading for free, except when discussing on this forum with several people who have good knowledge about trading.

You have to know beforehand, is the mentor teaching you voluntarily or is there something else he wants to get from you as a token of service? Of course, in this case you understand the mentor's side much better because usually people will be seen when we start to go deeper into their lives.
Aside from paying all his efforts through money, I think the best reward you can give to your mentor is by seeing yourself creating improvement in your trading career. Remember that a part of you is credited from him, and your success is also his success. So whatever that made you who you are after his mentoring, it will be an honor for him seeing you have learned a lot and is now applying all your knowledge into trading.

Money is actually the main reason why mentors accept newbies for mentoring. But we should also know that if we are grateful for what they have done to us, we can always chose to give them more as long as its given through goodwill.

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November 10, 2023, 02:53:58 AM
 #107

Aside from paying all his efforts through money, I think the best reward you can give to your mentor is by seeing yourself creating improvement in your trading career. Remember that a part of you is credited from him, and your success is also his success. So whatever that made you who you are after his mentoring, it will be an honor for him seeing you have learned a lot and is now applying all your knowledge into trading.

Money is actually the main reason why mentors accept newbies for mentoring. But we should also know that if we are grateful for what they have done to us, we can always chose to give them more as long as its given through goodwill.
Our success will put them/mentors in an inner state of satisfaction where after they have given us knowledge about trading, it can be applied correctly. A teacher will definitely be happy to see his students succeed and be able to develop their potential after being taught by him. But in the case of trading, very few mentors are willing to pursue people for free because trading involves a much greater level of risk and they will definitely provide paid classes if they intend to teach people to learn trading.

There are many best gifts that can be given to mentors because they have great services in teaching us. Generally, trading mentors don't expect anything other than the payment they set when we want to learn trading, but as a form of gratitude even though we pay them there are times when we give something more which will make our relationship with them stronger.

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November 10, 2023, 09:33:15 PM
 #108

What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
Believe it or not, the reward that mentors expect is money because they don't teach you for free and usually professional mentors will provide classes at different rates. If you study with a mentor who doesn't expect money, I think his trading ability needs to be doubted and maybe he doesn't have good trading skills. Even if there is a mentor like the one you described, it is likely that he will only teach ordinary trading and will not be much better in terms of the technical side of what they teach. So far I have not found a single mentor who is willing to teach trading for free, except when discussing on this forum with several people who have good knowledge about trading.

You have to know beforehand, is the mentor teaching you voluntarily or is there something else he wants to get from you as a token of service? Of course, in this case you understand the mentor's side much better because usually people will be seen when we start to go deeper into their lives.
Aside from paying all his efforts through money, I think the best reward you can give to your mentor is by seeing yourself creating improvement in your trading career. Remember that a part of you is credited from him, and your success is also his success. So whatever that made you who you are after his mentoring, it will be an honor for him seeing you have learned a lot and is now applying all your knowledge into trading.

Money is actually the main reason why mentors accept newbies for mentoring. But we should also know that if we are grateful for what they have done to us, we can always chose to give them more as long as its given through goodwill.
Majority of mentors are really that requiring some payment for the effort of teaching into those people whom do really want to learn up trading but we know that there might be someone who are really just that basically
be happy on the time that they are seeing that their students is really that making some progress.They wont really be caring about having those fees specially to those who are offering some free mentorship on which we could really be able to see that they are really that having that passion on teaching up someone but it is really that not common or something rare which we know that mentorship would always come at a price.
Why? they cant really just waste up their time on telling you everything or guide you without getting or gaining something. Every effort and time or things you do share will really be having a corresponding value.

As an individual who are really just that recently trying to learn trading then it isnt bad to have a mentor but for me it isnt really worth if you are paying up something for you to learn.
Just like on what most people been saying on here is that you could really be able to learn on your own without needing to pay something because every information that you would gonna need
is already here online or its a matter of effort on making up some searches and the rest of learning would really be obtained through real experience.

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November 11, 2023, 01:17:59 AM
 #109

There are many best gifts that can be given to mentors because they have great services in teaching us. Generally, trading mentors don't expect anything other than the payment they set when we want to learn trading, but as a form of gratitude even though we pay them there are times when we give something more which will make our relationship with them stronger.
Yes, payments are more than enough for the service that they offer. If there are legitimate trading mentors and you've been able to take all of their teachings then all up to you.

Can be additional payment, a token of appreciation like mugs, cap, etc.

Those simple things will be appreciated by them. Because a real mentor makes a lot of money from trading itself and they can buy everything unless they're just plain mentors that do not trade at all.



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November 12, 2023, 10:10:51 AM
 #110

I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?


In my opinion there are two ways to pay a possible mentor that is going to help you with trading. It's either going to be a fixed flat fee that you agree upon before the mentorship starts and that you would likely pay in instalments over time as long as the mentor helps you. Or a second approach would be to give him a percentage from your first trading profit. It comes down to how much time and effort the mentor invests in you. For example, if you meet in person a few times per week and have long conversations where you discuss possible trading strategies in detail than letting him participate on your profits sounds fair to me. Especially when the trading strategies are being developed together with a lot of input from the mentor, than giving him a percentage of your return would be a nice incentive. A 10-20% profit participation gives a good incentive for the mentor to develop the best possible strategy together. Whereas with a flat fee there is not such a high incentive for the mentor to get you the highest possible return. You could also combine the two payment models, agree to a smaller flat fee being paid per month and give him a bonus at the end if your trading have been profitable and successful.
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November 12, 2023, 11:27:13 AM
 #111

You have to know beforehand, is the mentor teaching you voluntarily or is there something else he wants to get from you as a token of service? Of course, in this case you understand the mentor's side much better because usually people will be seen when we start to go deeper into their lives.
Mostly there will be a prior agreement and if the mentor is willing to teach voluntarily, I think there should also be appropriate compensation when in the future we have absorbed a lot of knowledge from him, and it all comes back to our conscience.
In fact, all knowledge cannot be measured with money, but there are other things we can do to repay kindness to the people who have taught us.

Money is actually the main reason why mentors accept newbies for mentoring. But we should also know that if we are grateful for what they have done to us, we can always chose to give them more as long as its given through goodwill.
However, there are also those who don't. I once found a mentor who taught many people without any reward, but he got more than he should.
That is proof and the result of sincerity which is rewarded in a more beautiful way.

And personally, I also don't like a mentor who teaches because he only thinks about money, because we can't teach everyone and then succeed.

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November 12, 2023, 12:03:12 PM
 #112

There are many best gifts that can be given to mentors because they have great services in teaching us. Generally, trading mentors don't expect anything other than the payment they set when we want to learn trading, but as a form of gratitude even though we pay them there are times when we give something more which will make our relationship with them stronger.
Yes, payments are more than enough for the service that they offer. If there are legitimate trading mentors and you've been able to take all of their teachings then all up to you.

Can be additional payment, a token of appreciation like mugs, cap, etc.

Those simple things will be appreciated by them. Because a real mentor makes a lot of money from trading itself and they can buy everything unless they're just plain mentors that do not trade at all.
Appreciation can be done by doing many things and I think showing respect to a mentor is enough. But if we want to do something more than that, maybe one of the things I would do is to give a gift to his family. If a mentor already has a child, it's great to give the child a gift. Even though it's not much, it's a form of appreciation for the mentor through their child.
What I see from my experience when I have a mentor, they will be very happy when we as "students" give more attention to their family, one of which is their child.

Because for me when someone gives us knowledge guidance, there is nothing more valuable than the knowledge they give, including knowledge in trading.

.
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November 12, 2023, 04:29:38 PM
 #113

Before you think of picking a mentor, you should first have standards of what you expect of the mentor. Not everyone who claims to make millions off trading can make a good mentor. And not every asking to teach you for a little fee can make a good mentor too. You must be able to vet the mentor on different aspects - for example, trading experience, coaching experience, what their past students or mentees have to say, study what they put out online, that way with the little you already know about trading, you can then use to tell if the person is going to be a great fit for you or not. Do it with more than 3 prospective mentors and make your final selection from the best.

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ancafe
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November 15, 2023, 03:02:08 AM
 #114

Yes, payments are more than enough for the service that they offer. If there are legitimate trading mentors and you've been able to take all of their teachings then all up to you.

Can be additional payment, a token of appreciation like mugs, cap, etc.

Those simple things will be appreciated by them. Because a real mentor makes a lot of money from trading itself and they can buy everything unless they're just plain mentors that do not trade at all.
That's the truth because they don't need excessive appreciation when they have received payment according to the agreement. The most we can do is promote his trading to other people, that he really has good skills in teaching trading, so that many other people will learn from him. A reliable trading mentor will make money from many things related to trading and he will receive much more for his profits.

Promoting the trading services he has will be a form of respect for the knowledge he provides us. If we can do that, it will be much better and will have a big impact on the mentor. Everyone certainly has their own way of honoring the good deeds taught to us by others and touching on the development of their services in the best way may be much more important.

Mostly there will be a prior agreement and if the mentor is willing to teach voluntarily, I think there should also be appropriate compensation when in the future we have absorbed a lot of knowledge from him, and it all comes back to our conscience.
In fact, all knowledge cannot be measured with money, but there are other things we can do to repay kindness to the people who have taught us.
Currently there is almost no free trading knowledge that we can get for free and even if there is, it might be because they are close friends or it could also be because they are not reliable mentors in trading. If they are a reliable mentor, they will definitely not want to waste their time teaching other people for free. However, if we want to give appreciation for the knowledge they have provided, we need to see what they need because if we know their needs it will be easier to give them gifts.

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November 15, 2023, 04:03:59 AM
 #115

Before you think of picking a mentor, you should first have standards of what you expect of the mentor. Not everyone who claims to make millions off trading can make a good mentor. And not every asking to teach you for a little fee can make a good mentor too. You must be able to vet the mentor on different aspects - for example, trading experience, coaching experience, what their past students or mentees have to say, study what they put out online, that way with the little you already know about trading, you can then use to tell if the person is going to be a great fit for you or not. Do it with more than 3 prospective mentors and make your final selection from the best.

although I don't like learning from people I don't know, especially if it has to do with my finances. but maybe someone who wants to learn to trade online can look for them through the trading signal group. I know that most of them are people who want to gain benefits for themselves. But if you find a trading group worth joining, it might also be good for those who are beginners who want to learn trading.
If the signal looks accurate, maybe it can persuade the admin to open a class in trading analysis. not just sharing signals. but a way to share good trading methods.


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November 15, 2023, 01:09:52 PM
 #116

Before you think of picking a mentor, you should first have standards of what you expect of the mentor. Not everyone who claims to make millions off trading can make a good mentor. And not every asking to teach you for a little fee can make a good mentor too. You must be able to vet the mentor on different aspects - for example, trading experience, coaching experience, what their past students or mentees have to say, study what they put out online, that way with the little you already know about trading, you can then use to tell if the person is going to be a great fit for you or not. Do it with more than 3 prospective mentors and make your final selection from the best.
I agree with you, if we want to learn trading then we have to choose those who have a lot of experience in the field of trading that we want to learn and also they can provide real evidence that we can see from a mentor who wants to take trading knowledge from that mentor.
Yes, you are right, it would be better for us to have basic knowledge about trading that we will learn so that it is easier to understand when going through the learning process with the trading mentor.

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November 16, 2023, 07:55:39 PM
 #117

Before you think of picking a mentor, you should first have standards of what you expect of the mentor. Not everyone who claims to make millions off trading can make a good mentor. And not every asking to teach you for a little fee can make a good mentor too. You must be able to vet the mentor on different aspects - for example, trading experience, coaching experience, what their past students or mentees have to say, study what they put out online, that way with the little you already know about trading, you can then use to tell if the person is going to be a great fit for you or not. Do it with more than 3 prospective mentors and make your final selection from the best.
I agree with you, if we want to learn trading then we have to choose those who have a lot of experience in the field of trading that we want to learn and also they can provide real evidence that we can see from a mentor who wants to take trading knowledge from that mentor.
Yes, you are right, it would be better for us to have basic knowledge about trading that we will learn so that it is easier to understand when going through the learning process with the trading mentor.
I am not going to deny that is the best path to take, however finding such a person is the real challenge, many of those that advertise their services online are scammers and we know it, then it will be a mistake to waste our time and our limited capital on them, but if that is the case then where to find them? And unless you know someone already that knows how to trade and that is wiling to teach you then most likely you will have to learn how to trade on your own.

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November 17, 2023, 01:48:18 PM
 #118

Before you think of picking a mentor, you should first have standards of what you expect of the mentor. Not everyone who claims to make millions off trading can make a good mentor. And not every asking to teach you for a little fee can make a good mentor too. You must be able to vet the mentor on different aspects - for example, trading experience, coaching experience, what their past students or mentees have to say, study what they put out online, that way with the little you already know about trading, you can then use to tell if the person is going to be a great fit for you or not. Do it with more than 3 prospective mentors and make your final selection from the best.

although I don't like learning from people I don't know, especially if it has to do with my finances. but maybe someone who wants to learn to trade online can look for them through the trading signal group. I know that most of them are people who want to gain benefits for themselves. But if you find a trading group worth joining, it might also be good for those who are beginners who want to learn trading.
If the signal looks accurate, maybe it can persuade the admin to open a class in trading analysis. not just sharing signals. but a way to share good trading methods.
Indeed, not all trading signals are bad and of course they are paid, therefore many providers of this service are competing to have a good track record so that they will have many followers, but this is indeed necessary for beginner traders to find their identity in facing the market, and Of course, don't continue to use it, use personal experience to deal with the market, and of course during learning you will go through many processes

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