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Looking for a mentor

  • #21
  • Jan 18, 2016 7:50am Jan 18, 2016 7:50am
I think I need all the help I can get!!
  • #22
  • Jan 18, 2016 8:22pm Jan 18, 2016 8:22pm
Quoting Woody12
Why would someone become a (paid) mentor? Answer that question before you go any further...
​
What's wrong with wanting to help someone?
JOHN 3:16
  • #23
  • Jan 18, 2016 9:42pm Jan 18, 2016 9:42pm
Quoting Woody12
Why would someone become a (paid) mentor? Answer that question before you go any further...
Good question...

Because they get the satisfaction, and income, from providing value to others.

Only in the FX world is the concept of having multiple streams of revenue considered the ultimate sin. Unless your life revolves around profits from trading, and trading alone, then you are a snake-oil salesman with nothing to offer the world and anything you do offer is surely a scam. FX traders are expected and required to stare at their charts all day and do nothing else that could ever generate money.

Pro traders have extended periods of time when they have no income from trading. You'd have to be an absolute fuckwit to not diversify your life and income.

Some of you on this forum, and every other FX forum, have nothing of value to offer so you don't know how to handle situations when you see others who do have something to offer. It flips a little switch in your heads that causes you panic and stress, so you have to deny the possibility that a person can actually provide value to others, and furthermore that it's completely reasonable to expect monetary compensation for the value provided. It's too alien to you, and people reject what they don't understand.

It's rare to find anyone in this world who is successful at whatever they do who is their own cheer-squad. Success is collaboration, and if you aren't collaborating with others towards a common goal then you are behind everyone else who is. Mentors bring experience that you lack.
Congratulations ScalaFX for coming out of the closet!
  • #24
  • Jan 19, 2016 1:09am Jan 19, 2016 1:09am
Quoting nubcake
{quote} Good question... Because they get the satisfaction, and income, from providing value to others. Only in the FX world is the concept of having multiple streams of revenue considered the ultimate sin. Unless your life revolves around profits from trading, and trading alone, then you are a snake-oil salesman with nothing to offer the world and anything you do offer is surely a scam. FX traders are expected and required to stare at their charts all day and do nothing else that could ever generate money. Pro traders have extended periods of time...
well said.
Build good relationships with others.
  • #25
  • Jan 19, 2016 1:28am Jan 19, 2016 1:28am
Here's a question...Why would someone read a question knowing the person needs help, and ignore them? Why can't people help other people? Why do people always feel like they need to benefit from others? Why can't people just do things for other people out of the kindness of their heart?

I guess that was more than 1 question. People now day are just way to greedy. ​
JOHN 3:16
  • #26
  • Jan 19, 2016 1:37am Jan 19, 2016 1:37am
Quoting renasdad
Here's a question...Why would someone read a question knowing the person needs help, and ignore them? Why can't people help other people? Why do people always feel like they need to benefit from others? Why can't people just do things for other people out of the kindness of their heart? I guess that was more than 1 question. People now day are just way to greedy. ​
No, people are way too lazy, in mind and in action. Your post is essentially saying "Why can't I have something for nothing?" Well, the answer is simple. What you want has far more value than the "nothing" you are offering as payment.

If someone is feeling generous they may choose to throw you a bone, but the rest of the time their hard work is theirs alone and they earned it. Who are you to expect hand-outs? What have you done to deserve any? What value do you bring to the party?

That's another FX trope: Everyone expects the hard work of others for free, and also expects to be able to comprehend the results with little effort on their part.

There are plenty of places that OP can go to find mentors... IF OP IS WILLING TO PAY FOR THE PRIVILEGE. Paying for mentorship is buying the experience and guidance of those who know more than you, and it also buys the privilege of being away from shit-kickers who want everything for free and don't value the things that have immense value. It buys freedom from the muppets that get in the way of intellectual growth.

Personally, my time here is a distraction from other stuff that is far more important than the pedestrian questions often asked on this forum, and others. Most, if not all, questions have been generally answered a million times because the REAL answers people seek aren't so easily dumped onto a forum with one or two posts, and people don't want to hear the answers anyway because it'll require hard work. If you think success can be found by someone answering what the best MA cross system is, or what broker is the biggest scammer, etc, then you'll forever be disappointed.
Congratulations ScalaFX for coming out of the closet!
  • #27
  • Jan 19, 2016 1:57am Jan 19, 2016 1:57am
Back when I started learning about forex, I was clueless. When I opened a demo account it took me forever to even know how to open a trade. I knew nothing about forex or even what a trend was on any market. That is something I didn't learn in school. My cousin was a day trader and my mom was telling me about it and how that was his source of income. That is what intrigued me. So, I did a search on google about day trading and came across forex. Once I looked into it a little bit I knew it was something I should pursue. I had 1,000 questions. I spent hours and hours searching and reading everything I could. ​No matter how much I read and where I looked, I always had questions...I still have questions but the ones I have, people aren't willing to answer be because they are too greedy...just saying. But I did ask questions over and over until someone was "nice" enough to help. I'm sure there were people that bashed me, but I don't even remember them at all. There were people that helped me, and I will remember them for the rest of my life. I am so grateful to them. And guess what...they didn't ask me for money. As a matter of fact, one guy sent me money and told me to take my daughter and spend it on both of us (I still have his letter to this day, post marked Nov 2, 2006). Not everyone is out there to benefit from other people.

I'm the kind of person that doesn't need a lot of money. I love life and am happy with what I have. The job I have right now, I make over that $20 an hour. I really don't need to even trade forex to be happy financially. I do it because I know I am smart enough to profit from it and prove to the people that think I'm and idiot that I can do it.

If someone needs help, I will spends hours helping them. Call me crazy all you want but that is how we as humans should be.
JOHN 3:16
  • #28
  • Jan 19, 2016 2:04am Jan 19, 2016 2:04am
Quoting nubcake
{quote} No, people are way too lazy, in mind and in action. Your post is essentially saying "Why can't I have something for nothing?" Well, the answer is simple. What you want has far more value than the "nothing" you are offering as payment. If someone is feeling generous they may choose to throw you a bone, but the rest of the time their hard work is theirs alone and they earned it. Who are you to expect hand-outs? What have you done to deserve any? What value do you bring to the party? That's another FX trope: Everyone expects the hard work of...
Now that I agree with. If a person can go and spend the time researching on their own they shouldn't expect a hand out. They need to put in an effort to learn certain things first before asking questions. But, when it comes to helping people, the ones that haven't ​put in the work needed to be "weeded" out. When I get a PM, its pretty obvious who hasn't done any research and is looking for a "free ride" but on the other hand, I can also see who has put in many many hours but is still confused. I don't help the ignorant.
JOHN 3:16
  • #29
  • Jan 19, 2016 2:09am Jan 19, 2016 2:09am
Quoting renasdad
Back when I started learning about forex, I was clueless. When I opened a demo account it took me forever to even know how to open a trade. I knew nothing about forex or even what a trend was on any market. That is something I didn't learn in school. My cousin was a day trader and my mom was telling me about it and how that was his source of income. That is what intrigued me. So, I did a search on google about day trading and came across forex. Once I looked into it a little bit I knew it was something I should pursue. I had 1,000 questions. I spent...
Yeah, take that attitude to a developer building mansions. "Hey, man. I see you are building some wonderful homes and have put a tonne of time, money, and effort into all of this. Could you be a bro and just give me a house?"

No. Just because people took pity on you doesn't mean you were owed anything, earned anything, or should feel entitled to anything. The amount of TRUE work you have to put into becoming successful costs far more than the time those random people spent throwing you a few tips or whatever.

If you were smart you would get your cousin to mentor you. Either you haven't tried to get your cousin to mentor you, or you cousin refuses to mentor you. Either way it's not looking good.

Your pleas to benefit from the work of others isn't compelling, and never will be. You have the wrong mindset, and quite frankly I can't imagine you being successful.

Success requires hard work, not hand-outs from above. I'm not going to argue about it because my mind is made up so I'll just leave it at that.

I think you have a certain want from the world in general that just isn't realistic, but you continue to hope anyway. Hope only goes so far. Everything has a cost in life
Congratulations ScalaFX for coming out of the closet!
  • #30
  • Jan 19, 2016 2:17am Jan 19, 2016 2:17am
Quoting renasdad
{quote} Now that I agree with. If a person can go and spend the time researching on their own they shouldn't expect a hand out. They need to put in an effort to learn certain things first before asking questions. But, when it comes to helping people, the ones that haven't ​put in the work needed to be "weeded" out. When I get a PM, its pretty obvious who hasn't done any research and is looking for a "free ride" but on the other hand, I can also see who has put in many many hours but is still confused. I don't help the ignorant.
You have to ask yourself if the help you are giving has actual value. If the cost of your time is worth the price of feeling good from giving someone some tips or whatever then so be it. But, if you want someone who knows what they are doing, has put years of work into something, and can guide you for months if not years, then that's going to cost you no matter what. Their time is more valuable than the good feelings they may get from mentoring someone, and in fact being a mentor may be costing them in more ways than just time.

Some things inherently have more value than others and some people should absolutely be compensated for their time and expertise. Surely when you see successful people out and about you know their time is valuable to them, and therefore has value to you?

Whatever individual skills we each have can't just be given away for nothing. That suggests we don't value our own skills. Everyones time is ticking down, so we each have to invest it in others carefully... because it is an investment.
Congratulations ScalaFX for coming out of the closet!
  • #31
  • Jan 19, 2016 2:19am Jan 19, 2016 2:19am
Quoting nubcake
{quote} Yeah, take that attitude to a developer building mansions. "Hey, man. I see you are building some wonderful homes and have put a tonne of time, money, and effort into all of this. Could you be a bro and just give me a house?" No. Just because people took pity on you doesn't mean you were owed anything, earned anything, or should feel entitled to anything. The amount of TRUE work you have to put into becoming successful costs far more than the time those random people spent throwing you a few tips or whatever. If you were smart you would...
So are you here to learn or teach? Almost sounds like you are trying to teach me. Just so you know...my cousin died 5 yrs ago.​
JOHN 3:16
  • #32
  • Jan 19, 2016 2:21am Jan 19, 2016 2:21am
Quoting nubcake
{quote} You have to ask yourself if the help you are giving has actual value. If the cost of your time is worth the price of feeling good from giving someone some tips or whatever then so be it. But, if you want someone who knows what they are doing, has put years of work into something, and can guide you for months if not years, then that's going to cost you no matter what. Their time is more valuable than the good feelings they may get from mentoring someone, and in fact being a mentor may be costing them in more ways than just time. Some things...
​
Very true...
JOHN 3:16
  • #33
  • Jan 19, 2016 2:26am Jan 19, 2016 2:26am
Quoting renasdad
{quote} So are you here to learn or teach? Almost sounds like you are trying to teach me. Just so you know...my cousin died 5 yrs ago.​
Well that's pretty fucking shit then. Sorry to hear it.

It's been many years since I've learned anything from this forum, or any other. That's not to be elitist, it's just that there's so very little of value to actually learn from places like this. Occasionally some tangential topic will be brought up that I find interest in and is something new to learn about, so yeah, that happens sometimes. Trading forums can go off on weird and wonderful tangents, but not often enough. In regards to trading, though, there is nothing at all to learn from forums once you get past a certain point. The stuff discussed is generally completely irrelevant. It's just a time waster, which is all I use it for. Any post you see from me here is just a distraction from something else I'm taking a break from for a few minutes.

What do I get out of it? I get to be a voice of reason sometimes within an insane world, and that lets me sleep a bit better at night knowing that not every insane notion has been given a green light without being challenged.
Congratulations ScalaFX for coming out of the closet!
  • #34
  • Jan 19, 2016 2:41am Jan 19, 2016 2:41am
Quoting nubcake
{quote} Well that's pretty fucking shit then. Sorry to hear it. It's been many years since I've learned anything from this forum, or any other. That's not to be elitist, it's just that there's so very little of value to actually learn from places like this. Occasionally some tangential topic will be brought up that I find interest in and is something new to learn about, so yeah, that happens sometimes. Trading forums can go off on weird and wonderful tangents, but not often enough. In regards to trading, though, there is nothing at all to learn...
Word...I hear ya when you say its been many years since I learned anything. I have my style of trading and when I read other stuff it just makes me get "off track" from what I want to do. But there are times, like now, that I am bored and am on here. ​

You're probably right for me too. It is a time waster. What you said earlier will make me think. I want to help but I definitely don't deserve to be used.
JOHN 3:16
  • #35
  • Jan 19, 2016 2:46am Jan 19, 2016 2:46am
Quoting renasdad
{quote} Word...I hear ya when you say its been many years since I learned anything. I have my style of trading and when I read other stuff it just makes me get "off track" from what I want to do. But there are times, like now, that I am bored and am on here. ​ You're probably right for me too. It is a time waster. What you said earlier will make me think. I want to help but I definitely don't deserve to be used.
I guess before I go and be productive elsewhere again my primary issue is this: Trading forums are full of people wanting something for nothing, but similarly also condemn those who provide value at a cost.

The difference between paying to be mentored versus hoping to learn something on your own by being on forums is simply not comparable. It's the blind leading the blind versus being around like-minded individuals who are all heading towards actual success through the guidance of people who know what it is, and what it takes. Mentors get more than just the monetary compensation out of the arrangement, but at the same time it still is worth something, and it's only in everyones best interest that there is some barrier to entry (a price) that keeps the lazy out.
Congratulations ScalaFX for coming out of the closet!
  • #36
  • Jan 19, 2016 2:55am Jan 19, 2016 2:55am
Quoting DonPato
​Have you looked in the commercial area? I know there are a couple of guys there that advertise and accept students.
I would suggest you avoid persons who are not willing to show that they're actually trading. Don't be fooled by shiny websites and empty claims. As far as I know Vlad from jltrader.com and Jarratt Davis from JarratDavis.com really are traders.
The worst thing I can be is the same as everybody else. I hate that.
  • #37
  • Last Post: Jan 19, 2016 4:15am Jan 19, 2016 4:15am
For me this forum is excellent.
I am new to Forex Trading. I have taken various on-line courses with Udemy. They have been a real eye opener, especially for someone that has never traded. I have dabbled thus far with a demo account. I do it because it is a learning curve, but above all, its fun.

Whilst studying on-line, Forex Factory was mentioned, and I was advised to visit. Not for the Forum, but for the Calendar.

So far, I have asked a couple of questions here, and I do appreciate any help that is given, I appreciate it greatly in fact!
Should I become successful doing this, or manage to make small profits, I will remember those that took time out to help me.

I do understand the frustrations though, or I can imagine anyway.
Especially those that have been trading for a while and have been successful. Why would you want to give away what you have learned over a period of time?

But I must be honest, any advice given to me, whether good or bad will do me good in the long run.
If I don't learn from the bad advice given, if given at all then I do not belong in Forex Trading.

I thank those that take time out to advise me.
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