fm JWBT016-Busby October 10, 2008 21:17 Printer: Yet to come
Preface
I
have waged a lifelong battle with Wall Street. I placed my first trade al-
most three decades ago. Since that time I have made literally thousands
of trades in a variety of markets. I have traded stocks, bonds, options,
futures, commodities, and U.S. and foreign products. In my youth I never
imagined that I would become a professional trader. However, once I began
trading, I was hooked. In years past I was employed by some of the major
brokerage houses. However, today I trade for myself and I teach trading to
others. My school, DTI, is more than 10 years old. Students come to DTI
from around the United States and some even come from foreign countries
to learn the art of trading.
Over the years the DTI staff and I have taught hundreds of students.
One of them, Charlie Prince, stands out in my mind because Charlie wanted
to learn all that he could. It seems that it was not Charlie who initially had
such a keen interest in his studies, but his wife. She was the driving force
behind him and his trading education. His wife brought Charlie into my
office and explained that it was important for him to understand how to
invest and manage their money so that they would be able to enjoy their re-
tirement. She planned to spend her days walking down some sandy beach
and relaxing. Money was needed to achieve that goal and she made that
crystal clear to both Charlie and me. Luckily, Charlie was willing and able
to take on the task. He said that he would work as hard as necessary and
take as many courses as needed to learn the information that would give
him personal control over his financial destiny. Charlie enrolled in a class
and has been returning to DTI and learning ever since. Charlie understood
both then and now that empowerment comes through education.
Trading is not easy, and I have suffered my fair share of setbacks and
losses. But, I have learned from my experiences and I am a survivor. I enjoy
trading. Every morning when I slip out of bed, I know that new challenges
will face me. I do not fear those challenges—I look forward to them. I do
not make a fortune every day, but all of my trading days combined generate
a good living for my family and me. Trading allows me to live my life on my
terms.xiii