|
Re: How Much Would You Pay to Learn from a Veteran Trader?
In the true sense of the word, a mentor would not charge. He/she would want to lend a hand to someone because someone first lent them one on the way to the top.
Here, we use the term mentor in lieu of the words teacher or coach. Jordan had a coach. Tiger Woods has a coach. Most of the elite persons in their fields have coaches. Why would trading be different? Note that Tiger's coach teaches the best golfers in the world, but IS NOT one himself. He is the best Golf Coach in the world.
The issue may be that the secret to trading is that there are no secrets. Put as a question, "are there truly any secrets to trading?" But a mentor/coach should be FAR more than "This is when you buy, or this is when you sell". A mentor teaches you how to set up a business. How to handle the pull back as CNBC reports GDP and all the anchors are gloom and doom. Or conversely, how to disregard perma bull BOB Pasoni (SP?) and focus on what the Tape is actually saying.
As far as price, I think the mentor need only charge enough to cover living expenses and externalities. The money made in the market would just go to grow the account.
|