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DTI with Tom Busby (www.dtitrader.com)
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DTI with Tom Busby (www.dtitrader.com)

  #31 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NT8,NT7,TWS,FOREX.COM app
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FOREX.COM, IQFeed
Favorite Futures: The one I'm creating in the present....ES, ZF, ZN, ZB, FX pairs
 
Blash's Avatar
 
Posts: 1,545 since Nov 2011
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Forum Reputation: Legendary

My experience with Tom Busby was so horrible I don't even want to bring up all those feelings again and type it out for you guys. He knows very little if anything about the traders probability mind. Went to one of his seminars here in Chicago and visited the CME with them too. I will say his son the one that works with him, cant remember his name right now, seems like a honest guy nice person runs Traders Pub I think its called. Tom got mad at students during the seminar because they were questioning him about his ridiculous trading idea he was teaching (if you can call it teaching). Then he meet with each one of us privately and had an assistant with him too. All he did was pitch me his metals trading course and basically promised me I would be able to make back the cost of the course by following his trades....wow no thanks Tom.... at the time I was in John Carter's trade room (at least Carter can actually trade IMHO) so I told him I was currently in John's room and he could only just stare at me. Seminar was a joke but did meets a few people worth it I guess other students I had a short skype relationship with. It was pretty expensive but don't remember how much any more but it was is the https://www.omnihotels.com/hotels/chicago which is not cheap! I also took a class with DTI. Nothing you cant learn on your own from any number of books or google.

I need to stop thinking about it or I won't be able to sleep tonight. YES ITS THAT BAD!!!!!!!! I could say much much more but will not. And honestly I'm better for it now because I know all I need is me and my solid business acumen.

Ron

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #32 (permalink)
Elite Member
Calgary, Alberta
 
Futures Experience: Intermediate
Platform: NinjaTrader 8
Broker/Data: Kinetick
Favorite Futures: ES
 
JonnyBoy's Avatar
 
Posts: 937 since Apr 2012
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Ron - 100% agree.

Their sales pitch is excellent and it is the only thing they rely on to keep the hamster wheel turning and the income flowing in. Tom Busby trades (as far as I can see) with nothing but guesses. He has zero clue about how trading works, but it all sounds so impressive to a new trader. Any losing trade is quickly swept under the carpet and the record keeping is abysmal.

Their trading is some of the worst I have ever seen. One of the “traders” Jeanette Sims however intrigued me. She claimed to be a trader but quite frankly she didn’t have a clue. She always sounded so convincing and knowledgeable but something just didn’t fit.

One time she was moderating the “trading room” (by trading room I mean “a chat room sales pitch”). I always record my screen and one day during “live” trading I could have sworn I heard the haunting NinjaTrader voice very faintly in the background. So faintly that it could have been easily missed. I am a musician so I like to think my ears have a good depth, so I rewound the tape so to speak, did some filtering and low and behold I was right.

This happened a few times and so I mentioned it one day in the chat room and her reply was “…you can hear that?”. The moral of course being whenever a trade (SIM more than likely) went in her favour it would be lauded about “did you get that, we mentioned the strong break out earlier”. But the “STOP FILLED” didn’t get any response. Strange that.

DTI is nothing but a sales pitch hoping to up sell you at every opportunity.

Just for fun I looked up Jeanette on LinkedIn. Low and behold her background is business development. Funny that.

https://www.linkedin.com/in/jeanette-sims-b84b821?authType=NAME_SEARCH&authToken...2CauthType%3ANAME_SEARCH

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