DTI with Tom Busby (www.dtitrader.com) | Trading Reviews and Vendors

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DTI with Tom Busby (www.dtitrader.com)

  #23 (permalink)

Elite Member
Dallas, TX
Trading Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES
Posts: 2 since Feb 2012
Thanks: 50 given, 1 received

DTI Lost Its Focus and has Become Too Commercial

I first heard of Tom Busby through his books, which I actually enjoyed and learned some good things from. I gravitated to DTI, attended webinars and signed up for his entry-level class and his DAX class. This was 3 or 4 years ago. But then a subtle change began. DTI began hiring new people, and the company started marketing new classes. The webinars soon went from providing good information to basically being infomercials.

The final straw, for me, was when I paid to go to one of their classes held in Las Vegas. A lot of the class was actually pretty good, and I did get a few ideas that made some money. However, during the class, Tom had said he wanted to speak privately with each member, implying that this would be a chance to give some 1-on-1 time. Wow! So after reading his books, paying tuition for classes, etc., this was a chance to speak about my personal trading and maybe get some individual advice. I walk into the room (a salesman right besides me), and Tom barely glances up from his iPad (I guess trading or whatever was more important than his customers). I actually felt like I was intruding on him. He asks me how I'm doing with my trading, and I tell him some of my experiences. Then he looks at the salesman, spits out a list of 3 or 4 classes that I should sign up for, then goes back to his iPad.

Needless to say, the biggest lesson I learned from that course was the importance of relying on myself. Education has always been important to me. But I am much more discriminating now. I saw the man behind the curtain, if you will.

I'm still on their mailing list, and still listen in on their webinars maybe 2-3 times per year. But since that class in Las Vegas, I've never been able to sit through the entire webinar. Within the first 5-10 minutes, the "great opportunity to sign up" for such and such class begins. I get that they need to make money to pay for their "free" webinars, and don't begrudge that. But when the ratio of selling to knowledge is 80-20 in favor of selling... well, that "free" webinar just becomes too expensive with my time. And I shut my browser down.

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