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Jerry, a similar question was asked some time ago, so I have included my
response below. David Bowden claims to have been very successful, and says
he has the statements to show it. What is more important is if he is
successful now, and that I don't know. If his trading is as good as his
marketing, then he must be very successful :).
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If you are new to trading, then the 'smarter starter pack' will teach you
the basics of trading and trend following. My introduction to trading and
technical analysis was through this course and I think it gave me a good
introduction, although its not cheap.
His methods are based on what he calls abc trading (a, b and c are the
waves). He uses swing charts to determine the trend of the market. It is
based largely on Gann, but also uses some of the theory of elliot waves. It
will teach you to always use stop losses and were to place them. The
material is very simple and would not be very useful for an experienced trader.
Once you buy the 'starter pack', there are several other things he will try
to sell you also. These are much more expensive (Thoudands$$ for his video
series). I have not purchased these, but I think they are more indepth and
have a lot on gann timing.
Regards,
Simon Trevor
>Good Day Traders,
> Could any of you give me your opinion of David Bowden ? He sponsors a
>trading program titled "Safety in the Markets" and is from Austrilia..He is a
>follower of Gann methodlogy.. From what i hear, he is one of the best kept
>secrets in the Commodity Trading Arena..
> He has charged as much as $25,000 for personal instruction and has yearly
>get togethers of past students, with many reportedly arriving in their own
>personal JETS ! Many say he is uncanny in his technical analysis..Any reply
>on this reported market guru would be greatly appreciated. One measure of
>success he uses, which i like is the "CheckBook" measure..stating that " ones
>words of trading success and knowledge are verified by his checkbook, of which
>i proudly display"..
>thank for any help...
>jerry
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