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.