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Re: Is it necessary to have a mentor?
Trader01 I'm pleased for you. I am mentored by a particular trading training company...and glad for it. It would be up to your particular style of learning and personality. I would venture to guess that Trader01 likes crossword puzzles and to challenge his mind beyond what most could tolerate, or had experience in other trading markets, or both.
There is a saying that I've read in books and in forums that you will either spend your money in the market learning and getting "experience", or paying someone to mentor. If you ask those who started the forex market (and are still in it) you would most likely find that they had some type of mentoring if not someone who's complete business is teaching and training Forex Traders.
Enter into your search engine "Forex Trading Trainers" and you'll get aprox 200,00 potential mentorship programs available...research them on moneytec and talk to people who have delt with them.
Good Fortune, Practical-1
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