Recent content by MorganatDTI

  1. M

    Tom Busby DTI Day Trading Institue

    ftgambit, if you or anyone else feels that way I would be happy to give you a free 5 day trial to our TradeRoom where you can watch us real time for a week. All I ask is that you come into the room with an open mind and you can keep track of all of the trades which are posted on the whiteboard...
  2. M

    Sticky I'm New To TRADING - Where Do I Start?

    Honestly, something I tell people starting out is to put your trade on and use whatever stop you use for your target and see which gets hit (this helps to determine whether your analysis is good). Work on finetuning analysis and then you can focus on order management. Too many new traders take...
  3. M

    Trading in a group

    APA, Try the following... One thing I have noticed is that many times, people are right on with their analysis but over manage the trade meaning they get out of good trades too early and stay in bad ones and take a full stop out on it. If you can, try sim trading for 1 week with a 1 lot and...
  4. M

    Day to Day life of a trader

    See typing below after each question you asked. I know the answers are pretty general but there are just a lot of variables... hope this helps in some way...
  5. M

    Tom Busby DTI Day Trading Institue

    We have students who come through the course that do well and those that do not do well. We have some students that come through and are able to successfully trade stocks and options but never make the crossover in futures and vice versa. We teach a method of following the markets and relying...
  6. M

    Tom Busby and DTI Trading

    Jimmie, DTI offers many different courses and seminars, but the important thing is to always decide what is best for you. Just because a course is offerred does not mean it makes sense for you to sign up for it or every course that DTI has. Please let me know if there is ever anything I can...
  7. M

    future trading

    A major advantage of trading futures is the fact that you have an extreme amount of leverage. A good way to consider the risk is to think about the following. The E-mini SP futures (ES) is currently trading around 1290. It is $50/point which means the total contract value is 1290 * 50...
  8. M

    trading with R:R < 1.0

    As far as risk reward goes it depends on the strategy and person. Kind of like BlackBison said earlier, the important thing is how often are your right and how often are you wrong. For example, If I am only right 40% of the time on my trades I have to have a low risk and hiher reward to make...
  9. M

    What is the best market to trade in right now?

    Right now with the market in such a tight trading range I think some of the weekly options are good for credit opportunities without having to go out long on the time front in case volatility creeps back in and premiums rally. Oil is definitely the most volatile but too hard to trade right now...
  10. M

    Best Thread Free excel trading log template

    Re: Free Excel trading log template (V3) Here is a free copy of a trade review I send to people... It is very simple but effective.
  11. M

    Tom Busby and DTI Trading

    Hey Jimmie, As has been mentioned there are negative comments on this forum about DTI as I am sure there are about every school. DTI is not a get rich scheme and if anyone tells you trading is an easy thing, then they are lying to you. We do try to be as transparent as possible in our room to...
Top