Who is Woodie???

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Quote from They:

The fact that 99.9% of all actions are based on the selfishly motivated satisfaction of an individual's senses, mind, intelligence or false ego is not sad but a simple reality of the material world.

[/B]

You make a good point, I have to admit after thinking about it recently, I realized just about everything I do for "other people" is really in some way, shape or form for myself.

I guess we all have needs inside of us to fulfill that we are not consciously aware of, we do things for other people that we don't really want to do, but because we either want someone's approval or we want to be viewed as a "nice person" we do it.

Have you ever thought about how you want to be viewed in other people's eyes? What you do and how you respond to keep up the illusion?

Ok, sorry I guess I am off topic, it's just that I want you folk's to view me as ........ oh, never mind. :-)

regards,

Bruce
 
Quote from keving1:

What would be worth repeating in this post??? Come now, franklin, you are not gullible enough to actually believe this are you?
How is this repudiating what he said?

You imply that the 500+ members of woodie's CCI club then are simple minded idiots - they all are fooled, too stupid to realize the wool is being pulled over their eyes???
There are several thousand screaming fans at a baseball game when an umpire makes a call. Have you noticed how they always cry when it is the home team that gets robbed?

Numbers mean nothing for more than one reason. People sitting on the fence/stands are mostly clueless. The people on the field are the ones that get paid to play.

Furthermore, what would be gained by deceiving these people? There are no fees, dues or commissions - all there is free, the cost of the software to access the site not withstanding, (hotcomm). The only group to benefit from the success of these 500 plus traders is the Make-A-Wish Foundation.
I have no idea what is up with this guy. Saying that the only group it benefits is the MAWF is making a big assumption. Here is one way this guy could benefit. He makes a call, "500" people follow him in. He buys/sells to them for a handle. Do the math. I know people that would throw a Billion dollars at something that guaranteed them 2 handles a day on the ES consistently.

How then, could so many of its members make a living from trading the CCI? Now, I can hear your question now: How do you know this? Simple, who in their right mind would hang out for 8 plus hours per day, 5 days a week, (if not more), and could afford to lose money for any length of time? Not many, obviously.
Making a living from the CCI? LMAO. Do you make a living from trading the CCI? Post your brokerage statement. It sure is ALOT easier than confronting every single ET handle that contradicts this stuff. Save yourself some time.

Franklin, all due respect, you sound disgruntled. Do not be so quick to pass judgement, give it 3-6 months of actual full time observation, study and participation, after all it is free.
Funny, with all due respect, I have nothing to do with "woodie" or "Franklin" and Franklin does not sound disgruntled to me? :confused:

You will get out of it what you put into it, Franklin, as with anything else in life.

keving
Probably like most people that are looking for a magic bullet, he had a moment of weakness, went into the room, listened and followed patiently, and came away with, NOTHING.

nitro
 
Quote from rcfran:

...Why must those on this forum attack someone whose only fault is to offer a fountain of education/information to the trading public for free?? This puzzles me immensely… I guess we are all programmed to believe that EVERYONE must have an ulterior motive…this is very sad indeed as it says a lot about our society as a whole…
I have been in this business for over twenty years now. WITHOUT EXCEPTION, the people that can trade, trade, and those that cannot, start chatrooms, write books, sell audio tapes, you name it.

There is only one way in this world that a person should allow another person to invade their knowledge space - they should be qualified to do so. In every field but trading, most professionals have to be certified. There is only _ONE_WAY_ to get certification in trading, post your tax returns for the last three years, I should say, post what you made from trading, not from the chatrooms you run, the books you sell, etc. Just da trades.

nitro
 
Wow,

This is a long post, but what the heck, you irritate me so I will answer you:

Quote from kiwi_trader:

I probably wouldn't reply but you irritate me so what the heck. Let me just raise a few questions about your post.

1. I am not vaguely convinced that the number of teachers you have failed to learn from qualifies you as an expert. It wouldn't in law, engineering or medicine - why do you think it should in trading?

2. You might wander whether your experience caused you to become a quick cynic or whether some element of your personality causes you to repeatedly fail to learn. It seems that you can fail quickly now - one session to fail again does seem to qualify you for an A+

3. If you have spent years seeking profits then maybe you should look within to find out what is causing your continual failure.

4. An answer here. The room has certainly produced a number of consistently profitable traders who I know but you will miss most of them with a short look.
This is the only thing that matters. You should be able, without much trouble, be able to produce just _ONE_ trader that would be willing to post two years of trading statements.

BTW, the odds of fiding 5 profitable traders out of 500 if they traded randomly is more than 50%. It means nothing. _BUT_, hey, produce one - that has to be easier than posting repeatedly on a message board answering each and everyone of your detractors, no?

5. Another answer. We have a lot of resources to help people use Sierracharts and IB for their trading. 7 bucks a month is pretty reasonable and I wouldn't bother with esignal either.
Are you in the business of trading or helping people for $7. Twilite Zone man. :eek:

6. You fail to learn even when its written in plain english on the forum. The quoted "moderator" isn't a moderator and doesn't claim to be. Given 1,2 and 3 I suspect that we all can guess what your results will be.

7. How do you know that trading without prices will bankrupt you or anyone else if you have never tried it. Is this one of the learning processes that took you thru four years of gurus?

8. If as you claimed you "decided to rely on myself and no one else" why did you come to woodie's room? And why after claiming that trading success is different for everyone do you then claim that everyone must follow your path - surely you don't want to be the guru of self reliance do you?
Why did you come to ET? If you are happy with woodies room, why come to ET? Why not go to the Womans Religious Right room? WWWWWWWWWWWAAAAAAAIT, it is because this is a forum where traders meet. So lemme add this up. He has chatroom, we have 20000 members, hmmmmm...lemmmme think about this.....still thinking about it.....smoke is coming out of my head now.....I wonder if I can apply CCI to this situation?

9. Why apologise after appearing to be deliberately offensive? And if you can't see where that might have been then perhaps that is a bit more learning for you to spend time on. Being honest with yourself is important in trading - it will help you overcome ego issues.
Whose apologizing? Let me put my glasses on :cool: I don't see noone stinkin apologizing? :confused:

I agree that some of your posters are very good. People like scientist and Aaron I know in particular.

I agree that trading is a hard business. I find profitable trading to be simple but it has taken a long time for it to become easy - and it still is difficult at times. Woodie's approach to the CCI won't work for everyone who goes to his room for lots of reasons but it is a simple method that can work if you put the effort in. This is not likely to be a problem that you will ever have.

Have you considered that the problem might not be with the people you label gurus or the groups you label cults. Perhaps there is a learning disability. Perhaps trading is not for you. Perhaps a bunch of people on elite are taking your money day by day? Heaven forbid that any of them might be from Woodie's room.
Hmmm, amazing, everytime one of these chatrooms people come in here, they are always taking EliteTrader trader's money. I tell you, of the 20000 or so chatroom traders that have come in here so far, we ET traders must be the people on the other side of all these geniuses.

Darn, I think I could be getting to like the Elite way Dave. Thanks for the invitation - another 1000 posts and I could get quite good at the local style. But the markets have opened so I have to go. See you later.

Kiwi
Watch out ET traders!! We better watch that CCI or we are going to give all these guys in "woodies" room our hard earned money!

nitro
 
Quote from lmt:

......gather on ET....lol

:D

OK my last opinion - although nobody cares I give it all the same :)

- I said in my very first post in answer to TGreg, I don't know why, he censored the answer, I said it was free, that someone who can't afford the 25$ / month of Hotcomm can't surely trade either so the price is not really a problem. So it was a positive support for Woodie.

- then I discovered the "cult" aspect. I think that it doesn't come from the whole members but from the few "guardians" of Woodies: it suffices that they baffle other members and refer to "what Woodie says is gold" or "what would Woodie do" to create this atmosphere of cult that will be accepted by all members . My question, that I cannot answer, is : "is it orchestrated or not" ? if it is for what ? probably for marketing promotioning of sponsors if not in the present maybe in the future. Many sites do that. Personnaly I don't like to lie: my site is not intended to be free I said it on the very first second. I don't want sponsors either. But the nature of my site is different.

- all in all we are in democracy, and I'm not against business and if they want to do business with sponsoring why not, they just have to be clear about that, and I won't have any grief about that. It would be better also that the cult aspect should be given up but I'm pretty sure that some people just like to follow Gurus :D.
 
Quote from nitro:

I have been in this business for over twenty years now. WITHOUT EXCEPTION, the people that can trade, trade, and those that cannot, start chatrooms, write books, sell audio tapes, you name it.

You forgot to add one thing to your list, posting on trading sites. I see by the nearly 5000 posts you have here that obviously this is your way of invading peoples KNOWLEDGE SPACE.
 
I referred in some previous posts that I hoped the opinions voiced in this thread would influence woodie and encourage him to amend certain aspects of the room for the better.

There is no doubt that the senseless cult posts have reduced and 'call to arms' posts have stopped.

Even woodie has now measured his words carefully - to the extent of retracting a statement that cci predicts the news in case he received adverse comments. I wonder what forum he was thinking of?

The hindsight claims that cci calls all profitable trades still persists. Any intelligent person could review these trades and see similar entry signals on every other oscillator indicator. But there again perhaps cult membership requires a certain shortfall in rational thought.

I have no problem with the room being dedicated to cci trading but lets not insult people by suggesting that it is the only indicator that works.

On the question of remuneration, it is simplistic in the extreme to think that the only form of payment comes from subscription charges. Aside from the fact that woodie is now conducting seminars in various places for a fee of $250 per person, many have surmised that certain individuals might be receiving commission from those commercial businesses involved with the room and benefitting from the blatant promotion permitted within the room. Does anyone think the moderators do not receive free hotcom and charting packages?
 
Quote from They:

I guess we are all programmed to believe that EVERYONE must have an ulterior motive…this is very sad indeed as it says a lot about our society as a whole…

The fact that 99.9% of all actions are based on the selfishly motivated satisfaction of an individual's senses, mind, intelligence or false ego is not sad but a simple reality of the material world.

Most on ET would simply like Woodie or any other guru/teacher/confidence builder to be honest regarding what he/she actually gets from maintaining a room. Especially when they don't charge a fee.

Personal aggrandizement in the form of pride, adoration or distinction is just subtle sex. There are not many saints in this world.

The statistical odds of this trade point to Woodie relishing his false ego(subtle sex with 500 newbies) vs being a saint.


I've got news for you my friend this world has always been about the struggle between the selfish and unselfish since the beginning of time.

This sad statistic above of 99.9% is a completely false in my opinion. I would say that it would be more like 10%. Totally the opposite.

Thank GOD because if what your saying where true which it is not, you wouldn't even be here right now.

Just ask any soldier on the battlefield right now that is putting his/her life on the line for your right to live.

The list of people that care about humanity and others goes on and on.

When you open your eyes and start to care about others and take your focus off yourself, you will be amazed at the blessings that you will discover.

I don't even know how to respond to the "subtle sex" comment but that sounds very freudian to me.. and in my opinion the height of stupidity.

Freud not you.
:)
 
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