rite listen up.
I will mentor u for FREE and do it rite here and rite now.
What you need to do is trade your own way. You will probably pick one way, lose money, chose another way, lose money, and so on and so on, until you start to think
" eh? well ive tried all the ways so maybe the way isn't the problem?"
and then u r on the 1st step.
then what u need to do is look back at all your ways you have tried, and sit like with your legs crossed and go " Hmmmmmnnn......." and fink about what you believe about markets. Then, you need to make a trading plan around it. It dont have to be perfek but it needs to be good enough from stopping you trying to microwave ur head in the microwave.
Then, you set up you risk and money so that basically you can lose money for about a year without getting all hairy. Point is that you need exposure that is only way to learn. Make sure you have enough to lose while getting your exposure, if you don;t have enough to lose then dont bother just save your money.
Then what you need to do is review your trading like marking or feedback. what did work what dint work and so on and so on. Eventually your experience will remember the stuffs even if you are not concious of it and you might even get better and make money.
what you really want in a mentor is not someone who says trading rules to you - no point. Some might show you new ideas and thats good if you can, some mentors can show very specific skills and others only just ask you bloody questions! but honest a good mentor will keep you interested / motivated / kick u up ar$e when needed long enough for your clever mind (more cleverer than u know) to remember stuff from all the learning about YOUR OWN TRADING that u r doin.
and as well the best mentors do it because they are bl00dy good eggs and not for squillions of pounds. Isnt true that you get what you pay for.
(this was free so u can ignore it. always I think in life but specially in trading / sports / performance, you should not be afraid or embarrased to ask for help or guidance from those what are more experienced than you. I am not millionaire and still on my trading journey but just my $0.02)
I posted this in answer to another question but the same applies here and what Dash is basically saying is this:
- Open a demo account, throw a load of indicators on your chart, trade, make some money
- Open a live account with your new found trading wisdom, lose all your money
- Re-invest, lose all your money again
- Go back to a demo account, read a load of trading books, hang around forums to learn all you can
- Open a live account again with all your knowledge of the markets, lose all your money... again
- Go back to a demo account and learn to really trade, properly, with everything you know, stop hanging around in forums where everything clouds your mind and just use the skills you have learnt over the past 3- 4 YEARS
- Open a live account again and trade with skill, patience, a good all round awareness of the markets and why they do what they do, make some money, slowly build an account
- Come back to forums and make **** posts like this one