Any Experience with the Tom Busby`s Trading Method?

[alban]

Hello,

do you have any experience with Tom Busby`s Trading Method or have you read his books: "The Markets never sleep" and "Winning the Day Trading game"? He also offers a Live Trading Room www.dtitrader.com.

I already hear about Tom Busby`Trading Method, and I don`t know how worth is it. It sounds for me interesting, because his focus is on different global future markets.
What is your experience? how worth is it?

Thank you for your comments!

[DTN IQFeed]

alban,

I can give you anecdotal information since we are the primary provider of market data to Tom Busby's (DTI) Stockbox and Roadmap software. We have a large number of users running it, and we rarely (if ever) receive negative feedback. The key is that he isn't just giving buy/sell indicators. Instead, he teaches a method and psychology around his trading. Based on the feedback from our users, I would suggest that it is something to at least look into and see if it will match your trading goals.

Jay

[garciaal]

IMHO, if,you have listened to any of his webinars, it is one big sales pitch for some thinky that he is selling. $15,000 and he will sell you the holy grail. He is looking out for #1

[OAC]

	Quote:	garciaal
	He is looking out for #1

I think you are right.

[atto]

Very few people give freely what they know for the benefit of others. There's good money in selling hopes and dreams to people. Just a general guideline to remember.

[TraderGuy101]

Just a quick word, I have taken the DTI courses mentioned in this thread in Mobile, Alabama, and am very pleased with what I have learned and their service. They have terrific "physical" facilities, and their training is top's. Their training room is in the center of their building, kind of circular, also kind of like cinema stadium seating, so that no matter where you sit you have a perfect view of their projection screens and who is teaching.

Every contact I have had with DTI has been very professional in everyway.

I have taken their introductory courses and also their advanced courses, and I use their software package the gentlemen from DTN Iq-feed mentioned.

I have been in their chat room for a couple years and never once have they ever promised a holy grail. Tom Busby is the first one to tell you that trading is not easy, and that you need an education and understanding of the markets to be profitable. This takes time and a lot of studying and discipline, and again they quickly tell everyone that.

If a person is looking for a long term relationship with a professional training and teaching company, then they might want to consider DTI. They pretty much support their students for as long as it takes. Yes, there are additional courses that a person can take but these are not required but would be very useful. Markets and trading can change over time, so most people can understand why continuing education can be a valuable thing.

Hope this helps... just my thoughts.

[OAC]

I think your comment would be 100 times more convincing if this wasn't your first post ever here at TL.

[OAC]

If you google "Tom Busby Trading", this thread comes up #3.

[sevensa]

	Quote:	OAC
	I think your comment would be 100 times more convincing if this wasn't your first post ever here at TL.

I think this is comments like this which make new people reluctant to post. What would a convincing first post look like?

[brownsfan019]

	Quote:	sevensa
	I think this is comments like this which make new people reluctant to post. What would a convincing first post look like?

Point is that you take posts that promote a service with a grain of salt when it's one 'random' person posting. That's the point.

In case you haven't visited the forum circuit before, a VERY COMMON spam methodology of these companies that are too damn cheap to actually pay for some advertising is to post on forums hoping that some noob's will ready it and then go over there and spend money.

So maybe if this new person would like to contribute to the forum and talk about what they've learned, how they use it, etc. etc. it might hold something.

I'll go out on a limb and say we may never hear from this new poster again... At least nothing that will actually provide some meaningful discussions.