fm JWBT016-Busby October 10, 2008 21:17 Printer: Yet to come
Foreword
T
rade to Winwould seem to be the only reason to be in the mar-
kets. However, I have found from my more than 40 years of associa-
tion with traders and investors, that it is not the case. In fact, I have
found that traders and investors talk about winning and their individual
wins, when they are, in fact, overall losers. I am reminded of a trader from
the 1985 soybean market, who after making a potential huge profit gave it
all back because she didn’t want to sell “her” beans.
I met Tom Busby several years ago. I was immediately impressed with
his low key, down-to-earth, and confident demeanor. His approach to the
markets and to trading was matter-of-fact and simple to understand. He
makes a trade for only one reason—to make money. And once his objective
is met, he exits. He doesn’t need to be in the markets just for the sake of
being there.
Trade to Winis a roadmap to build a trader’s winning attitude. It is easy
to read and easy to follow. While reading the pages, your confidence will
swell as you gain insight into how you may overcome your biggest trading
obstacle, yourself. Tom reassures you that it is okay to win—and to win
quickly. He helps you understand the risks involved in trading while also
teaching you methods to forecast and mitigate market disasters.
It is so refreshing to read about a person who admits to making mis-
takes and withstanding a disaster that wiped him out. Tom does just that
while detailing his struggle to regain his confidence in the markets and his
ability to trade again and to win. After the markets dealt him a near deadly
blow, he persisted and built a successful career as both a trader and an ed-
ucator. All through the text, Tom offers “pearls” of knowledge that are the
foundation for understanding trading and the markets. He adds still more
by showing the reader specific trade ideas and the importance of timing in
achieving success.
Over the years I have worked with many trading advisors and Tom
Busby is the only one who has been willing to make a live trade in front of
a live audience. He puts his money where his mouth is; he is one of a kind.xi