I have always seen newbies or even experienced (but losing) traders have no sense about how much to pay for a mentor.
As a mentor, each time, It lasts a couple of hours for me to explain that forex is an expensive job and if you don't pay now you will pay much more to the market.
I started this thread to talk in this about and finalize an affordable price.
Probably around 30k/year at least when you think about how much the tuition at private institutions costs. Someone who is employed would basically have to fork up everything but what they need to live on. Steep price but mentoring is not cheap. At the mentor though you probably want to not completely gouge a student of his entire capital, so give him a small practice trading account and save a bit of the total money he gave you to give back to him when he becomes consistently profitable? Sort of like a little head start. Heh.