I have been reading this post for a few month now and have decided to jump in as it's beginning to annoy me. Firstly I'm an Ex TI member. Ex because I no longer trade the TI method and no longer watch their live trading rooms. The main reason for the EX is because TI does not work. End of story.
I find it very strange, to say the least, that a person like davidcamm can promote TI and push TI as a great system / company, when he is not even a member of TI. This is very fishy!!
There is no way in the world anybody can claim that TI is so great just by watching Afshin do his sales scam every week and take his trades. Afshin gets it wrong more times than not. Yesterday, I watched Afshin take 2 trades in his demo and sales pitch and both times he was stopped out! This shows how great the TI method really is.
I have been a TI member for over a year and this has been the worst decision I've ever made. It has cost me over $10k in membership fees and room time. The best part of this is that I traded live following Dales calls with live funds,( unlike the moderators who trade in sim and pretend to make a profit). I took all of Dales trades over a two month period and at the end of the time, I had lost a few thousand dollars. How cool is that!! Follow a professional trader, he wins and you lose? This is the reality of TI (IMO). The results are not what they claim and the moderators get different fills as they are in simulation and have no real money on the line, therefore they move their stops away from their opening prices when the market moves against them, and then still show a profit at the end as their stops were not hit, however yours were as you are using real funds and rule number 1 is do not move your stop away from the entry.
TI then blame you for being undisciplined and being a novice trader when you do not achieve the same results which they post on their website. I challenged TI on this and they did not explain why my exact trades were different to the moderators. They were quick to tell me I need more time in simulation. What a joke!
To top it all off, they teach you a method of trading, and then call signals off some other system. This is a reality, and this is part of the problem. You would think that they had 100% confidence in their system!
When you look at their results and compare them to other rooms, TI results are average to poor. Their system of trading divergence into a strong trending market just does not work.
I could go on forever, however I have neither the time or patience for TI.
So my challenge to davidcamm and any others who promote TI without trading their system and without trading live in the trading room is to put your money where your mouth is. Cough up the money, join and then you will really see what TI is about.
If you were smart, you would look at other rooms, educators and methods as this will save you a ton of money. There is more than enough free stuff on the web to use which will give you far better trading systems, methods and advise. These will give you a chance to make a profit and enjoy the trading experience rather than fighting an uphill battle and losing money, time and self confidence.
Ever since I have turned TI off, I have been profitable, and my daily results are far better than TI's reported results.
So in the end, if anybody still decides to join or trade with TI, then good luck..... but do not say that you were not forewarned by an ex member. Trade well and have fun.