Find a Trading Mentor

by John on March 19th, 2010 // Filed Under » Trading Q&A

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.

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.

Struggling with support & resistance and knowing what the key market levels are? Check out the Price Distribution Analysis methods I use.