Quote from: Eternad on November 04, 2023, 02:57:14 PM

Quote from: alastantiger on October 16, 2023, 06:55:17 AM

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.