For the record, I am a user of the CCI as taught by Woodie. It is the only indicator in my arsenal, and itâs been that way for almost a year now.
With that out of the way, allow me to say that I do not know if it is the best possible indicator out there, and I donât care. What I do know is that it seems to be good enough â good enough for me. Maybe you think that sounds like faint praise, but I would disagree.
If only you knew some of the wild and crazy things Iâve based trading decisions on in the past. If only you knew how quick I was to drop one harebrained scheme for another. The bitch is that there is a good chance one or more of them could have worked â if only I had stuck with it.
Slowly but surely it dawned on me that I was the problem, not my method.
Without going in to a lot of detail, trading was my hobby. It was just a game, but it isnât any more. Maybe some day Iâll tell you the whole story, but not right now. Itâs not that important.
What is important is that Iâm learning to stick with something. Iâm learning to make it work for me.