I see some people comment that mentoring and/or coaching is directly reflected with one succes criteria namely dollars in someone account. And that is why a successful trader would not do it, because they wil miss money with helping someone else. I have news for you, most succesful traders like to mentor someone that is eager to learn. There is more to life then money. Seeing people changing there life's in a good way and contributing to their communities is more satisfying then 'making more and more money'
If I knew somebody that was an extremely charitable person, to the point they cared more about the money so they could give it to those in need, I would teach them in a heartbeat. But I would have to know it to be true over the course of a long period of time, not just because they are like, "Hey that's me!" This is what I referred to as being mutually beneficial beyond a monetary exchange.
Why would I care about teaching someone who really just wants to benefit themselves with more bling which is the majority of people who say they want to learn it yet somehow cant be bothered to put in the dirty work to teach themselves?
I literally lost $10s of thousands of dollars teaching myself, and I'm not some big money or great job guy. A warehouse job. I drove around a 20 year old clunker and kept no real debt. Worked thousands of hours of overtime. All my savings went towards educational material and market experience. While others were partying, drinking, clubbing on their weekends I was studying because I was passionate about learning it, even if it meant I may never learn it and may die broke. I didn't care.
I spent literally thousands and thousands of hours, and years and years of my life, reading, testing, learning, and analyzing charts, and you feel others are entitled to my knowledge "so they can give back to their community?" More like give back to themselves. Most people want the knowledge because they want all the money that comes with that knowledge.
Ask any trader, any real trader, and they will tell you that anyone who has a true desire will get there without the need of some mentor. What amazes me is people who think it is only about the dollars and cents. It's about the principle of people wanting a free ride just because they feel they have a right to it. Anybody that truly wanted to get there wouldn't be asking other people to do it for them in the first place.