John, I have a question.
I am a novice trader who has been trading the emini S&P’s for the past two months. I’ve always been fairly good at self-teaching. However, I keep hearing / reading everywhere that its important for beginning traders to have a mentor. How does one go about finding a mentor (aside from paying someone for “mentoring / coaching” ). Are there successful traders out there that are looking to help newbies like me, purely out of the goodness of their heart? If so, where do I find them?
Thanks.
Janet
This came in by email a short while ago. This is a question which comes up quite a bit, and I’ve addressed it from different perspectives a few times in this blog. Here are some posts worth reading on the subject of coaches, mentors, and finding ones to work with.
- Choosing the Best Trading Coach
- Trading Coaching and Mentoring
- Trader Development: The Value of Coaching and the Difficulty of Finding One
- Does coaching of trading psychology, require a successful practitioner?
And of course Brett Steenbarger created a whole blog based on self-coaching which ties in with his book The Daily Trading Coach. Definitely something worth checking out.
If you like this post or find it informative, I encourage you to sign-up for the newsletter.
Also subscribe to the blog feed and/or follow via Facebook or Twitter.
About the Author
John Forman, author of this blog, has traded for more than 20 years, is a professional market analyst, and authored The Essentials of Trading. He is an active participant in trading forums, consults for trading related businesses, as published literally dozens of trading articles, and has been quoted in a number of books and in the media.
** See John’s full bio.
Similar Posts:
- Choosing the Best Trading Coach
Resources for Finding a Trading Coach
Trading Coaching and Mentoring
