Mate… the problem with mentoring is…
No one wants to do it
newbies expect you to do it for free
if they offer to pay and you set a realistic amount of say a few thousands dollars to account for you time
then you get called a scammer
then… you have to do it for a few years so the person actually understands it and can trade profitably.
but they won’t, because they’ll run out of money and then call you a scammer when THEY FAIL.
what’s the upside to Mentor someone
so… the solution for people who actually know how to trade is this…
Trade for yourself
if you like trade for your friends
but if you delve into wanting to help strangers , you find yourself inundated with people who are
not committed and Plainly put, are a waste of time
this is why it’s hard to find good mentors
now, what you will come across is BS courses that will take you for a ride, they will also charge several thousands of dollars and not yield any results
and then, some people may claim to be mentors and know what they are talking about, but, especially here on babypips, i have observed that very few know, but a lot claim to be but don’t know
so… the problem is… mentoring is not worth it in forex
unless the Mentoree has patience , dedication and is willing to accept a few grand in mentoring fees to later earn a lot more a few years later.
sadly, most don’t have what it takes
and this then explains why 95% fo traders fail
it’s just how it works
so then when someone asks for a mentor, it’s general a futile effort that results in not much at all which leaves you disheartened and wondering… how do i get ahead… right ?
same old story