That's BS.
These mentors that would like to teach than to make money for themselves, they're only in it because they can easily make money from those newbies.
I agree to just self study but maybe some of their personal experience and teachings could be of useful for someone who aspires to become a full time trader.
Not all of them are just concerned about themselves and the intention to just milk newbies because some of them are dedicated to their role in helping newcomers.
Choosing the right mentor for us is quite difficult. That is why it is encouraged to just do it on our own. The availability of information online makes it easy for us to learn. But it is a different experience if we have a mentor who guides us, as I believe it was fast and easy for us to understand, especially on technical issues.
I won't say it is not necessary, but if we can afford to acquire a mentor, it is a good idea. Provided that it is reliable and can be trusted.
Expect for the very few that you've mentioned.
You're right that a newbie needs to find a respectable mentor that really is in it for the teachings. I've seen a lot of courses paid and free and there are also those that are experienced that don't ask for any money.
So, if a newbie is out and wanting to find a good mentor. They can easily know that if every material is given, they're asked to pay.
Actually you can make yourself a self learn trader it is really just that not all people would really be that wanting nor liking for them to do the hard work and they would want that short cut way.
This is why at the moment that they would be wanting to learn something and they do have the funds on their pockets then they will really be wanting to have a mentor to learn up the way. Actually its not really that bad as long you do know or able to absorb all of the learnings and things on what your mentor is really that showing or really that teaching into you. Although not all mentors are good but at least if you do seek up some guidance then it its not really that bad. On the moment that you do become that confident into your skills then this is the the time that you will be trying out to make up some own decisions on your trading.
For those who are really just that self learn is that it isnt mean that they dont have the money, it is really just that they do want to learn up things on their own and since information could really be that see or search through net then this wont really be that an issue. There are really just that those times or moments that you will be feeling up tired or overload but once you do have that able to get a good grasps of it then you will gradually be able to learn up and being progressive.