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Tom is fun to listen to, but can be cranky! The thing that bothers me is that he takes very large positions and does not disclose his trading methodology. He just says "long on the Dow at XXXX.XX" with no reasoning behind it. It is in real time. But he has a large account and trades in big size. He also trades CFDs with are not the same price as the US futures.
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
Did you look on Tom's youtube channel and Telegram Channels before saying he doesn't disclose his trading methodology? There are numerous playlists on his youtube - channel accessible through his site (see below). There is a playlist on youtube with his strategies. From what I can see there are no fees for his videos, methodology and signal calls.
The link is fine. It's only when someone is promoting his/her own product or service that we object, not when you are recommending or suggesting something that is not yours (and that you aren't making money from). Otherwise, reviews wouldn't be possible.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
As iq200 answered you, Tom has a free youtube channel with lots of info on how he trades. His own site has lots of info too.
Beware of copycats though, Tom never charges anything for his channel or info on his site.
Thanks mate.
I'll also add that Tom also personally answers Q's on his Telegram if you are unclear about anything to do with trading (tho he may tell you to do more research if you ask too many newbie Qs!) around information he provides, FREE. A great guy!
I have been in his room for months and watched many videos. It is true that he does post some strategies like the
"School Run" and the "High 5" and the Dow BO strategy (which I am currently testing), but he does not reference the
strategy that he uses before his trade or anytime afterwards. He many times takes a trade right out of the open which
could not be the School Run or Dow BO. He simply states that he is going long or short and at what price. That is it.
I will admit that I have not seen all his videos, but that would take hundreds of hours which I do not have to devote.
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
I have asked him questions, he usually does not respond because he receives hundreds of messages a day. He did reply when I asked him why he does
not disclose what strategy he is using and he stated that he is considering it. But if you ask him a question don't hold your breath waiting for a reply!
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
noushina gave a pretty good explanation on how Tom trades, post 111 in this thread.
Further more if you know what to look for you can scan for the best videos on youtube to get some ideas, no need to watch them all.
There are lots of free info on his site tradertom.com with guides on how to trade etc.
You need to make some efforts on your own, don't think Tom wants to spoon feed people.
I'm not asking to be spoon fed! I've spent dozens of hours going over his materials and videos so I think that qualifies as "some efforts"!! I simply want to know his reasoning on taking a trade. I think thats reasonable. It would take him maybe 3-5 seconds to do that. I'm simply saying that he could be a little more informative about his reasoning on taking a trade. Even after the fact would be appreciated. There is always lots of dead air between his calls. Maybe instead of telling a joke he could start off by saying "I took that last long off the LOD" or something to that effect.
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
