Who is Woodie???

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Wow, 22000+ hits in 4 days, that's got to help the count for the ad rates....lol. Plus the rest of the net world is really getting a hoot out of this. :)
 
Quote from drbob101:



This thread is full of immature. misinformed and apparently paranoid folks . You don't know what you don't know.
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you are the one that should hold off commenting on things you know nothing about. you would be VERY surprised , or should i say SHOCKED , at who posts on this board.

it's a little different than the woodie room.....

surfer
 
Quote from drbob101:

Since it seems so important to you and others in this chat that you see "proof" of trading statistics, and since you personally challenged me to show proof that I am profitable trading the CCI, here you go. This is my todays trading in EUR. . Oh yes and check the entry and exit prices versus todays chart as well. This is one account, I trade multiple accounts.

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DrBob,
how about I start a new thread called 'CCI'?
As I said to Croc I backtested CCI on Wealthlab and found it positive, so I am interested to study it more. I can add some WL charts. And you could be the main teacher -explaining your trades and the reasoning behind them. It would be great if you related the chart to the profit/loss attachment, you just gave.
Walther, Wareco, marketsurfer, Croc, and others might join in. It could be a good educational thread that you can link to from woodies.
 
Quote from TraderTony:



Firstly, why doesn't the room discuss alternative/complimentary approaches? Well, it does, especially after hours and at weekends. But, if I am correct above, woodie's point is to demonstrate that you do not need anything else and rather than looking for crutches in additional indicators you are better off focussing you effort on really understanding the nuances of one indicator. I think for many (myself included) this is a hard lesson to learn as we'd rather believe an extra indicator will provide a short cut to increased profits. I have seen a moderator put up charts with an extra line on and suddenly that's all anyone wants to talk about. If people want to learn CCI there needs to be focus and discipline (especially with 500 in the room) so the moderators now stick to CCI (with a couple of moving averages). Indeed, woodie positively espouses simplicity - he believes multiple indicators or time frames put doubts into your mind cause stress (but some others in the room are successful in their own trading combining CCI with other indicators or utilizing more than one time frame). Note that I use the word simplicity - being simple should not be confused with being easy - they are not necessarily synonyms. To me, woodie, as a trader, is the ultimate craftsman and it is an approach I have come to have the highest respect for.
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I'm sure you've heard woodie say the cci is a leading indicator....and the fact that you get earlier entries and then the entire world follows, or something like that. I hope newbies in that room don't take that statement seriously.
 
Quote from keving1:

Roberk, This atmosphere does not appear conducive to learning, IMHO.

If you, or any other trader, is interested in learning to trade the CCI you can find out more here:

http://www.woodiescciclub.com/

http://www.e-minitraders.com/phpbb/index.php?sid=f60d88b8126e96d152fe823698c2eadd

keving
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Keving, stick around on ET, there are some extremely helpful people here. A thread like this is off-putting if you are not used to direct to and fro, but I find it easier to get a sense of who knows what and what is doubtful. That said, I know some of the comments are rude and hurtful to Woodie and others, I just hope we can get past them and go a bit deeper.
I was a member of Woodies room and did learn a bit, especially from Blinky, but on ET there are more than a handful of highly skilled traders who would see weakpoints/strongpoints of CCi that would be hidden to me. If they dialogue with DRbob and Croc (for example) we could all benefit.
 
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