Hey!
I love the overall atmosphere of the image. Well done!
A few things that I noticed.
-The blue space near the legs of the character looks very out of place.
and same goes for the white space. It's too bright and plain.
-The monster can use a bit of a make-up since it's really difficult to see and make out at first glance.
-The "spotlight" should bounce around a bit more light on the environment? (I'm not sure, though. Just saying what I think.)
-I think the ground can also benefit from small props and irregularities.
-The shading on the trees and the monster seems very conservative.
It's done really well though, it's leagues better than what I can do right now.
I love the monster's mouth and the saliva dripping. The character and sword especially catches my eye and the spotlight effect is very neat. I'll definitely use things from this in the future.
Good luck!