Trading Mentors

I am pretty green when it comes to forex, about a month of steady demo trading and learning (6-10 hours a day). I opened a live account but have not done much trading in it. I trade mainly from support/resistances and candles. I still have not been able to nail down the best time of day I like to trade or my absolute method. One thing that I think would be cool is to have someone that wants to mentor someone like me. Trading over Skype together or even in a group, not looking to leech but learn, learn to grow, learn to experience. I have had my own business for over 10 years now and I am looking to leave it all behind to trade forex. I have traded in penny stocks for close to a year and learned some very hard cold facts. Forex is more forgiving and a sense of predictability. I can trade any time of the day so very flexible. Let me know if there is such a thing as a mentor in forex or I just need to keep doing what I am doing. Thanks!

i have seen some guy called JACKO offering that kind of thing, seems okay, has several vouches from senior members.

Or if he doesn't work out, there's always mparker. Joking.

Seriously, without getting into the whole mentor debate, there is some good material around for free. The opening post in this thread: http://www.forexfactory.com/showthread.php?t=255586 has links to some good material. I wish Seiden's videos had been around when I started. Based on what you've been studying, you might find them useful.

Some people are real jackals... Here is one of travpip's posts: "onlydragon is jacko and he is just pissed that he has been outed as a scammer and that his younger brother j16 is still collecting"

Unless you were being sarcastic trav you are a real dick.

Thanks for the reply. That's a good thread and I have read through it before. I know the whole mentor thing is a bit strange and if I am coming across like I want to learn all the answers and secrets of the forex world without doing my part then I want to stop the thread now. It's more about having someone to collaborate with and seeing things that I cannot and visa-versa. Not asking for a free ride, not at all. I played pennies for a year and got my ass beat on a daily basis. I eventually had my good days and just could not stand the manipulation and pumping anymore. I never thought I would like forex but in fact I love it. So again if I have come off like a complete dweeb then sorry about that, just wanting to hang out with someone that digs forex like I do. I use to run through setups and do DD with lots of peeps everyday about penny stocks, it was a cool time but they don't do forex.

Eric, you need to approach people who you believe can help you. It's tough finding traders in real life though.

Reach out to people on these forums that you think might have something to offer you. Keep in mind that they don't have to be superstars to mentor you. They could possibly offer you something of value that will take you to the next level and then you might need to find someone else to continue the journey. That's ok, learn what you can from them. Some people only need a push in the right direction and they can then learn on their own.

I've worked to varying degrees with a few people over the last 5 years. I've been approached by quite a few for mentoring but I never ceased to be amazed at how poorly so many communicate or present themselves. An amazing number are grossly impolite. Maybe it's me being older, but graciousness is always a virtue when asking for favors.

I've been working with a guy for the past three months. He sent me a pm that was so well written and which clearly communicated his thoughts that I took him on for that alone. He's finishing up his first "project" and in his last email he wrote of how elated he was to be making progress for the first time in his trading. If I stopped working with him tomorrow, I've taught him something very valuable, more than he knows right now, but in time he'll see its true value. Any help you can get is valuable.

I like breaking balls on occasion, as others here do as well. But I'm sure there are quite a few guys here like me, willing to spend some time helping someone if they ask correctly and then demonstrate a willingness to learn and work. I've never asked for anything in return other than someday they help someone else. Oh, I do ask that they keep everything I tell them to themselves until they're ready to help someone.

I'm not offering by the way, I'm simply giving some friendly advice. I just know I'm going to get some pm's now..."hey i want to join yur free montoring".

Just reply no can i haz cheeseburgerz? lol

If you are willing to part with some money to invest in your Forex education I would recommend OTA. I will hold my hand up and state that I am an OTA student and I have a mentor in Sam Evans whose mentor is Sam Seiden. I meet Sam Evans and other students at the St Albans, UK offices every month and they hold similar monthly graduate events in the US. I have lifetime support with OTA which includes 4-6 hours of webinars every week. I did do my due diligence on Forex education. OTA will teach you price action and with the ability to take the same course with different instructors as many times as you like at no extra cost, for me this was a no brainer decision. The XLT course which I started in August which includes these 4-6 hours of webinars every week really does cement the learning of PA, trade management and many other topics. In the end it boils down to you and what you are prepared to do and how you go about doing it.

I am a Microsoft Certified System Engineer and the cost of becoming an MCSE was considerably more than what I am paying for OTA's training. In the end, all they can show you is the path and the edge in order to becoming successful in Forex trading or any other financial instrument. It is up to you then to walk this path and make it a success for you.

I truly believe that their after support, once you have take one of their courses, is second to none, but hey I would say that as I am one of their students after all

Your totally right on about getting something of value from even those that are not veterans of forex, I am always in learn mode. I have known for a long time to listen more then I talk, I have been mentored in business and in life by two really good guys and I am so grateful for their time and giving something to me of value including their freindship. I think anyone that gives of their time for another is beyond human nature, most self preserve, I have known way more of those people then the latter. Thanks for letting me know you are mentoring someone it means a lot to know not everyone follows the mainstream thinking. I really don't know who to reach out to and who not to on these forums, maybe things just happen. When I played penny stocks I would never have imagined having to face down my demons I mean the ones I thought I did not have or had already conquered. Trading turns everything inside out, especially when you loose all the money you have left and you have to explain that to your wife and then turn around to look at your kids. That's a big one that I had to face, having to face epic financial failure but I don't stop, I keeping going and turned things around in pennyland but in the end MM manipulation became overwhelming.

I had business that use to net 200k a month, I lost it all when the mortgage industry fell apart, I learned more about determination then I had even known but the markets are a greater teacher. I will figure out how the forex market moves, adjusts, corrects and when to accurately take profit or loss. Having a mentor to me is not about being spoon fed or leaning so heavily that it is an unbalanced relationship. I learn fast and follow the guidelines. Once I learned the mortgage industry from a mentor I took it far beyond what they had ever envisioned, I never thought I was smarter then my mentor but I helped them to see and increase their own finances.

Well that is a long way of saying my journey continues. Thanks for the thoughtful reply.

I never mind parting with cash for something worthwhile, it's that I do not have the extra cash currently but thank you for the reply and I will keep this one close for the future.