Mentoring

Hey all,

Still havn't gone live yet and have a mixed bag of failure and success.

If i've learnt anything it's that i'm not going live, even with the minimum deposit, untill i have something that works, if thats ever possible!

Have any rookie traders had a positive experience as regards to mentors?

Hi Kwackers
just a little note on mentoring becareful. there are Gurus galore out there
let me save you a lot of time.

What makes a profitable trader is not just one thing it is a combination of key elements that make up a trading tool Kit. you can't expect to be competitive with inferior tools you don't see pros playing with junk. they first practice with the best until it becomes a part of them and then they play for money.

the first thing you need to look at is what tools are you using? What broker service do you use? are they market makers or ECN? learn the difference between the two and learn how to take advantage of what each offers.

Who is providing your charting software? Are you using broker software or independent charting? Are the signals trailing or leading?

I know a tradesman should never blame his tools but if you are going to drive a car I prefer the sports car to the old boom.

Think about it? what got you interested in trading forex? Was it the MONEY?
I am not talking about spending large amounts of money here but just getting value for money and a head start.

I've joined a mentorship some time ago. It's Dirk du Toit. He's a great trader and mentor as well. It's hard to find someone who actually can do both. Most mentors seem to be bad traders.

If you're interested, have a look at his page: http://www.dayforex.com
or his forum: http://drforex.activeboard.com/index...mID=115485&p=1

I hope this isn't seen as advertisment as I get nothing from it. But actually he has a very different approach and that might be the reason why it works.

if anyone is in need of a mentor i have 8 yrs trading experience pm me and we can discuss it

Hello! Oh it's so interesting and incredible I never heard it before! and How it works??

Hello,

Thanks for the posts so far.

Obviously in it for the money, but anything Business or Financial i have an interest in anyway, and this has paticulary caught my eye.

What i don't want is for someone to teach me a method, i want them to teach me about the markets so i understand, and therefore develop a method i'm comfortable with.

I've been looking round the internet today and might do a Financial Analyst course, as i'm sure that will make my learning like it has a base.

Thanks again.

Hi Kwackers
I have what you are asking for and that is access to equipment to build your own tool kit and shown how to use it so that you can develop your own personal style of trading. The essential ingredient to been a profitable trader is not some secret formula is it is plain common sense and good tools.

I am new to this forum and do not wish to break the rule by openly advertising but I can definitely help you so help request more info click on my user name and email me
please monitor forgive me for want to help a fellow member.http://www.forexfactory.com/images/icons/icon7.gif