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.