Drummond Geometry Techniques

[rajanadar 10]

Hi,

I have started trading just recently and I trade the Indian markets. I normally use the pivot point method for trading.

While reading a book by John Person, I came across the term Drummond Geometry. I googled out a bit but was only able to find repeated articles on PLDot and PLDot refresh.

Additionally, looks like the creator of the method sells his books / lessons through his website.

 

The cost of the lessons is expensive for a person from my background.

Just wanted to ask the fellow traders if it is worthwhile to invest in the lessons or atleast the book - "How to make money in Futures Market"

Have any of you used the lessons / book and got good results? Any inputs are welcome.

[zdo 20]

Drummond is one of those niche methods where the odds are you would purchase and study its ways and then it not turn out to be a match for you personally. Them's the odds - but you may be the exception...

A while back there was some activity re Drummond. Maybe contact some of those posters privately and see if they can provide you with enough info to ascertain whether or not it lines up with your true nature... because if it doesn't line up with your true nature you could absolutely master the method and still end up dropping it, etc...

If it continues to tug at you maybe make a plan to buy the info out of trading profits instead of out of your current trading stake... in the meantime, I'll tell you what I tell everyone else - find your own way. Knowledge and methds from others is good but unfortunately it doesn't leverage up as much in the long run as beginners initially project... ie if I had a naya paisa for every high priced and low price method I bought back in the day I would have a small pile of rupees ... I don't discount the experiential value purchasing those methods added to my life - but in hindsight few of them contributed any real value to my ultimate development as a trader and, like recreational drugs, etc. some of them where significant detriments... find your own way...I would even go so far as to advise you to kill any and all 'find a guru' impulses you may experience . Brutal but hth

Edited December 7, 2010 by zdo

[clmacdougall 11]

Hello Rajanadar, I spent more than 3 years in India and loved it. I know the exchange situation and would definetely recommend you do not purchase this method. Just keep reading here at TL, there is tons of good stuff, especially if you're new to trading.

[brownsfan019 17]

I have one experience with Drummond that I can share - a trader friend of mine was heavily into it - the full bag of tricks that they sold. He was very persistent with the method and finally just had to give it up as it did not work for him.

 

Obviously that does not mean it will not work for you, but that's a bit to share on it.

 

Good luck!

[rajanadar 10]

Thanks all for your wonderful inputs.

 

I think I will first strengthen my skills in trading Pivot points before I jump into a new technique.

Can you refer any link in TL or any other which will help me in doing so? Anything which you liked and helped you.

[Coogee 10]

Hi Rajanadar ,

 

I want to say that the book you mention is not worth anything , it is the worst of his books.

I did his full course and was lucky to have the benefit of his personal direction daily by fax for 3-4 yrs .

His course and lessons are worth the money but are an arduous journey , thousands of pages .

Almost like studying medicine .

If you are one of the PlayStation generation with a short attention span who wants to computerise everything and mechanise everything then it is not for you .

For me it is the Ultimate in Market Analysis but it has taken me many years , are you ready?

 

Best Regards

[rajanadar 10]

Thanks Coogee for your inputs.