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.