DB just posted this wonderful post on
another thread of our Forum.
I believe it is worth reading.
Quote:
Some people so enjoy passing on what they've learned to a worthy recipient that money means nothing to them. Also charging for mentoring is really paid coaching or tutoring and not mentoring in the purest sense. It is a high ideal and usually this kind of relationship occurs because the mentor sees something of themselves in someone else and wants to be a part of their development.
Whereas paid services are a different type of relationship that occurs for monetary reasons. There is nothing wrong with that arrangement. I personally have no problem paying for value and rewarding those who provide it with money. If they are truly providing value then the laws of business say that that their product should be worth more to me than my money is. Otherwise I'd keep the money right?
In fact I sometimes have a problem with people who will not invest their money to get good information, tools, or good education. Personally my level of achievment in life has always had a direct relationship to my level of education, the quality of tools I have purchased or acquired, and my level of proficiency and creativity at implementing them. I find that I am my most valuable resource and my time is my most valuable asset. Why would andybody be cheap about investing in themselves or their own businesses? Why waste 100 hours looking for something you can buy with 10 hours of earned income?
Therefore it is difficult to see the point of the arguements here because whatever means you get where you want to go -- does not matter so much as whether you get there. If it takes more money to do so -- great it is more valuable in some ways. If someone comes along who is willing to provide quality help without cost that is a true gift. Not costing anything does not diminish it's value. However it is never something that can be manipulated through guilt as I see some people attempting here.
Having said all this I'll further add that I find it amusing to see people making rash statements like "there is no holy grail" etc. as though most people here are naive enough to think that. The real reason most people are obesessed with systems is that most are incomplete and/or don't even have a provable positive expectancy. You have to wade through a ton of baloney to find a good system but there are some. I personally have found only 1 that suits me so far but I know there are others and I'd like to find them too. Not because I'm looking for the holy grail -- I'm just looking for a system that delivers. Most don't deliver much and cost too much for what they deliver. That is a fact and it doesn't take most traders long to realize that.
Traders work to optimize their systems at certain phases of their implementation and many keep searching because they only want a system that makes sense to them. Few people really believe in perfect systems -- they only want an edge they can relate to. And just getting to that point is one of the most difficult parts of trading for new traders. Solving that one problem properly can make a lot of other problems, such as emotional trading, a lot easier to solve.
There is no free lunch unless someone gives you lunch. Then it is free. It is a fact that there ARE people who give away things of great value. The big question is why do those people who are looking for someone who is giving away things of great value seldom find them?
DB
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