Who is Woodie???

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Quote from lmt:

The light finally went on. I couldn't figure out why there has been such a rabid response to woodies room. It's not like this is brand new, he's been around for a few years. Then it clicks, the magazine articles, and free on top of that. The other vendors are going nuts, lol. So all of a sudden you have several folks from here who have been around for a while leading the charge to discredit woodie in the name of the poor, dumb newbie. What a deal...lol.
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The light that went on was a random electrical fluctuation in you head.

There are plenty of vendors that come to ET. The ones that have nothing to hide do so by PAYING to advertise. The losers like you who cannot afford to pay for advertising try to get by in life on the backs of others.

Get a job. You cannot trade.


It's sooooo simple, but people want to circumvent disclosing their trading statements like the Black Plauge. Gee, I wonder why? What do you think?

_JUST_POST_YOUR_TRADING_STATEMENTS_IF_YOU_ARE_A_CHAT_ROOM_OPERATOR_AT_THE_END_OF_THE_DAY_!!!


nitro
 
Quote from matilda:

All the evidence you need regarding the $250 per person seminars can be found by reviewing the daily hotcom transcripts of woodies room. It is openly recorded there.

Oh and I believe that he prefers cash to checks.
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Matilda,

It is the strategy of these people to bury anything that is detrimental to themselves. I will continue to quote you from now on.

BTW, I got a real kick from the "cash vs checks". All from a man who has a good heart and just wants to help :D

It's sooooo simple, but people want to circumvent disclosing their trading statements like the Black Plague. Gee, I wonder why? What do you think?

_JUST_POST_YOUR_TRADING_STATEMENTS_IF_YOU_ARE_A_CHAT_ROOM_OPERATOR_AT_THE_END_OF_THE_DAY_!!!

nitro
 
Nitro - I respect your vast experience and have no doubt you have seen all manner of scams along the way. As I said before, I applaud your desire to protect vulnerable traders.

If you read my frirst post (you will see I start by stating my lack of qualifications as a big shot trader and the fact that until very recently I have not even been trading the CCI (apart from maybe a couple weeks a year or so ago when I realised it was not going to bring me instant riches) - I was very clear about this.

Woodie can therefore take no direct credit for my trading performance. I have participated to make (hopefully) a couple of points of clarification about what I think the value in the room is (first post), my personal opinion of Woodie's credibility and intergrity (also first post), and the fact that to me (unlike to you) seeing a moderator's trading statements is not relevant - I will decide from what I see/hear whether I believe I can learn anything to help improve my own performance (second post).

I will not be posting my trading statement. If that disqualifies me from posting I shall in future refrain. Even if I had actually been trading CCI I wonder how my statement (or anyone else's) would prove anything. If profitable some might take it as vindication of the CCI which would be a mistake - it would prove nothing of the sort. If losing, others might take it as vindication of the inadequacy of the CCI - again it would prove nothing of the sort. You know this far better than I. This is why I don't care about Woodie's statements - I am selfish - I only really care is I can learn anything to aid the quality of my trading (both in terms of profits and experience).

For the record I have, on balance, been very modestly profitable for a while, trading a variety of approaches. I actually find that as I have developed as a trader over the past few years my performance seems to be about the same at any point in time, whatever approach I use. At first I lost whatever I tried. Then for ages I broke even. Then I started to come out a little bit ahead most of the time (I make up the $$ by trading reasonably large numbers of contracts). I am profitable enough to be giving up my job as a CEO to trade full time from the end of July but no way near profitable enough not to feel nervous about this (I have a partner and two - soon three - children to support).

Anyway, I tried to point out in my first post that my reason for focusing on CCI is precisely that I have realised there is no magic indicator and I'd be better (and less frustrated) trying to master just one approach and develop the touch and sensitivity of a craftsman.

I think that's about all I'm qualified to say.

Tony


Quote from nitro:

Tony,

I would never enter a chatroom unless I knew the trader was wildly successful. Do you know what the odds of encountering an individual like that in a chat room are? probably .00001%.

Screen trading is very hard. It is essentially a very sedintary work style and is very lonely. I do not blame people for going into chatrooms - it makes trading a little easier on the human part of us.

I actually think that chatrooms are detrimental to many, but it seems to help people like you. I cannot ignore evidence when it presents itself.

But you don't understand me. I do not fault people like yourself who have an honest heart and have a simple motivation and mission - to learn to trade. How can I object to that?

Again, I do not fault even smart people for going in a chatroom when they first start out. When we start out, the entire ocean of trading is in front of us, and we don't even know how to navigate it, even by the stars.


But here is where things start to go bad. Tony, this man has no desire to help anyone. If he did, the first thing that a well wishing person would do is post their qualifications, not just past, but current. In other words, "why should you listen to me" type of statements.

You have been in this industry perhaps five, maybe even ten years. I have been in it since I was 19 years old starting by working at the Treasury Bill pit at the MERC, working for hedge funds as a programmer, then finnally trading for my own account and a proprietary firm.

I have seen alot and I was privy to quite a bit behind the scenes with many of these people, and what I mostly see in this industry are people peddling all kinds of things, some not so well disguised, others under "cover."

But I will leave you with this. The one thing you can do for this guy is post your trading statements. I know you think he has helped you, I admire that. But you know, I measure things really simply. Post your trading statements. Or PM them to me if you prefer. We will verify them together. Hey, if you are a profitable trader, and you claim that this guy is the root of your success, so be it!

It's sooooo simple, but people want to circumvent disclosing their trading statements like the Black Plauge. Gee, I wonder why? What do you think?

_JUST_POST_YOUR_TRADING_STATEMENTS_IF_YOU_ARE_A_CHAT_ROOM_OPERATOR_AT_THE_END_OF_THE_DAY_!!!


nitro
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Tony, excuse me for interrupting. I can delete this post and shut-up if you so wish.

I will not be posting my trading statement. If that disqualifies me from posting I shall in future refrain.

no one here has that right to tell you ..."you are disqualified" other than the moderators. By the way there are many newbies here and they would NEVER be discouraged to refrain from sharing. I personally have learned a lot from newbies

Even if I had actually been trading CCI I wonder how my statement (or anyone else's) would prove anything.

It's enough for the CFTC and the NFA, to BAN, FINE, IMPRISON members and non-members. And for information to all those selling there internet sites, threads, methods, chatrooms etc....there is a task force very active within the NFA enforcing hypothetical and actual results, claims of results....bogus trade calls for recognition...claims of their relatives....the list goes on....IF YOU ARE MISLEADING THE PUBLIC ON THE INTERNET THE NFA WANTS TO KNOW

If profitable some might take it as vindication of the CCI which would be a mistake - it would prove nothing of the sort. If losing, others might take it as vindication of the inadequacy of the CCI - again it would prove nothing of the sort. You know this far better than I.

We all know this. The integrity, credibility and tradability of a method and its promoter, creator, claimant, guru or whatever...is at question here

This is why I don't care about Woodie's statements - I am selfish - I only really care is I can learn anything to aid the quality of my trading (both in terms of profits and experience).

This is a sincere and I believe a true statement. Thank you for your honesty. But before I would take anything you say seriously and try to emulate your success and if I were a newbie, I would DEMAND proof that you were successful and able to trade without your revenue from teaching. You see, this is what newbies want...and the draw is 'the appealing to these needs" that many take advantage of.

Michael B.
 
Tony,

I understand what you are saying!!!! But somehow, you are not focusing on what I am saying.

I have no problem with people like you who want to go into a chatroom!!!! If you, as a customer do not want to see his trading statements and do not care that you are possibly being taught by a bozo, then that is your perogative, and if after all the warnings, you still feel that you can benefit, then I heed to your own wisdom.

But what about those that do care? Why would you or this guy oppose it? Just post it! No harm done, right? You don't care, don't look at it! Those that do, will - simple, no?

I even do not object to people like yourself that come out and lay your cards out on the table and talk to other souls on ET like yourself. If you need a personality like this guy to teach you to trade, and it helps you in any way, I am all for it FOR YOU.

But that is not my point!!! My problem is with the chatroom operators and the multiple handles they use to promote themselves.

Look, we all see these advertisements on TV about the knife that can cut throught steel like water, or the diet pills that are not for anyone but serious dieters, or the car wax that will magically remove scratches with a drop of it, or the band that you wear around your wrist and it electrifies you and gives you greater health and attracts the opposite sex, or the pill that will grow your dick by 4 inches.

If you, _as_a_consumer_ buy into all those things - FINE BY ME!!!! But it is another thing to false advertisement with intent! That will not stand while I still post on this site.

You may even think this guy is not advertising. But every single one of these posts that go up here is a kind of "advertisement." Mind you, it is a clever way to "advertise," because it is not he that is doing the "advertising," no it is the minions that are coming out and "advertising" _for_him_. If he did so himself, he would run into a police that would have much greater harm than the idiotic posting that is going on on this thread. He would be fined and posssibly go to jail.


It's sooooo simple, but people want to circumvent disclosing their trading statements like the Black Plague. Gee, I wonder why? What do you think?

_JUST_POST_YOUR_TRADING_STATEMENTS_IF_YOU_ARE_A_CHAT_ROOM_OPERATOR_AT_THE_END_OF_THE_DAY_!!!


nitro



Quote from TraderTony:

Nitro - I respect your vast experience and have no doubt you have seen all manner of scams along the way. As I said before, I applaud your desire to protect vulnerable traders.

If you read my frirst post (you will see I start by stating my lack of qualifications as a big shot trader and the fact that until very recently I have not even been trading the CCI (apart from maybe a couple weeks a year or so ago when I realised it was not going to bring me instant riches) - I was very clear about this.

Woodie can therefore take no direct credit for my trading performance. I have participated to make (hopefully) a couple of points of clarification about what I think the value in the room is (first post), my personal opinion of Woodie's credibility and intergrity (also first post), and the fact that to me (unlike to you) seeing a moderator's trading statements is not relevant - I will decide from what I see/hear whether I believe I can learn anything to help improve my own performance (second post).

I will not be posting my trading statement. If that disqualifies me from posting I shall in future refrain. Even if I had actually been trading CCI I wonder how my statement (or anyone else's) would prove anything. If profitable some might take it as vindication of the CCI which would be a mistake - it would prove nothing of the sort. If losing, others might take it as vindication of the inadequacy of the CCI - again it would prove nothing of the sort. You know this far better than I. This is why I don't care about Woodie's statements - I am selfish - I only really care is I can learn anything to aid the quality of my trading (both in terms of profits and experience).

For the record I have, on balance, been very modestly profitable for a while, trading a variety of approaches. I actually find that as I have developed as a trader over the past few years my performance seems to be about the same at any point in time, whatever approach I use. At first I lost whatever I tried. Then for ages I broke even. Then I started to come out a little bit ahead most of the time (I make up the $$ by trading reasonably large numbers of contracts). I am profitable enough to be giving up my job as a CEO to trade full time from the end of July but no way near profitable enough not to feel nervous about this (I have a partner and two - soon three - children to support).

Anyway, I tried to point out in my first post that my reason for focusing on CCI is precisely that I have realised there is no magic indicator and I'd be better (and less frustrated) trying to master just one approach and develop the touch and sensitivity of a craftsman.

I think that's about all I'm qualified to say.

Tony
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Quote from woodie:

I want to personally thank all 700 traders that attended my presentation on using CCI for the CHICAGO BOARD OF TRADE online last wednesday. We broke records for attendance. I also would like to say thanks to STOCKS AND COMMODITY magazine for there nice write on me and the woodies cci club chat room in there march issue. I wrote an article that will be in the ACTIVE TRADERS magazine may issue out in april on the CCI ghost pattern. Lastly thank you all for your kind words here.

Woodie
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I just thought woodies 2nd post should be repeated here. Decide on the issue of advertising for yourself.


Best Regards,
Dave Scott
 
The plot thickens. Now he gets something from all this, but do we know the costs of running this thing? LMAO.

"Religion" and those that peddle it are alive and well in the markets.


It's sooooo simple, but people want to circumvent disclosing their trading statements like the Black Plauge. Gee, I wonder why? What do you think?

_JUST_POST_YOUR_TRADING_STATEMENTS_IF_YOU_ARE_A_CHAT_ROOM_OPERATOR_AT_THE_END_OF_THE_DAY_!!!


nitro


Quote from croc1964:

:D Did it really take 64 pages until someone found the reason for at least some of the posts.

Btw. Matilda is absolutly correct, that Woodies charges for the seminars. It's not hidden, it's not for him personel, it's just cost. Do you know, what seminar rooms with wireless LAN access cost? For the Vegas conference the hotel the seminar took place, charged around 100$ for wireless LAN access in the conference room alone. The seminar-room itself is not free, there are free meals for the participants and if anything remains Woodie gives it to Make-a-Wish.

If you think, the Seminars are bogus, if you want to see Woodie in a photo, check Woodie's website for yourself. Most of the presentations given at the Vegas conference are available for free.
And even if you don't trade the CCI, you should not miss GB's presentation on Money Management or Kate's presentation about Exchange clearing operations.


croc
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Ok Nitro and Michael - I respect what you are saying. I've been round the block a bit - graduated from Oxford in 87 with trainee trading offers at JP Morgan, Salomon Bros, Bankers Trust, Chemical Bank and (the one I accepted) at Goldman Sachs. A serious illnesses prevented me from starting my trading career at that stage and I took a prolonged detour on recovery through advising multinational brands, obtaining an MBA, building and selling a business and running a publicly quoted company. I've invested since at school and been trading increasingly seriously for several years (I'm based in Europe so get to do a 'day job' largely before the US markets open). I don't say this to puff myself up as I meet far more admirable and capable people every day, but I probably can look after myself more than the average aspiring trader (although, as I have said, I'm hardly a big success at this stage of my learning). However, of all the things I've tried and looked at (and I was 'mugged' plenty of times in the early days), Woodie's room is for me one of the very best resources available.

I do believe Woodie is sincere. You don't. We'll just have to disagree on that one. I do believe he does this because of a sense of purpose to help, you suspect alterior motives. Again, we're going to have to disagree. Woodie despises the vendors in this industry. I think this explains why he does what he does, you might think it an eloborate double bluff. Maybe time will leave me with egg all over my face for making these comments? What can I say?

If your posts stop traders going into Woodie's room with unrealistic expectations then I welcome them. I would encourage people who are interested to actually spend some time there and make up their own minds but their objective should be to see if they can learn anything to improve their own trading - not to find instant riches from a fool-proof system, someone else to do the work for them or a guru.

It's evening over here and I've got to put the kids to bed so I'll shut up and thank you for your previous responses.

Tony
 
But Tony,

I asked a simple question hundreds of times. It has not been answered yet. Let me post it again:

I have no problem with people like you who want to go into a chatroom!!!! If you, as a customer do not want to see his trading statements and do not care that you are possibly being taught by a bozo, then that is your perogative, and if after all the warnings, you still feel that you can benefit, then I heed to your own wisdom.

But what about those that do care? Why would you or this guy oppose posting a trading statement? Just post it! No harm done, right? You don't care, don't look at it! Those that do, will - simple, no?

It's sooooo simple, but people want to circumvent disclosing their trading statements like the Black Plague. Gee, I wonder why? What do you think?

_JUST_POST_YOUR_TRADING_STATEMENTS_IF_YOU_ARE_A_CHAT_ROOM_OPERATOR_AT_THE_END_OF_THE_DAY_!!!

Quote from TraderTony:

Ok Nitro and Michael - I respect what you are saying. I've been round the block a bit - graduated from Oxford in 87 with trainee trading offers at JP Morgan, Salomon Bros, Bankers Trust, Chemical Bank and (the one I accepted) at Goldman Sachs. A serious illnesses prevented me from starting my trading career at that stage and I took a prolonged detour on recovery through advising multinational brands, obtaining an MBA, building and selling a business and running a publicly quoted company. I've invested since at school and been trading seriously for several years (I'm based in Europe so get to do a 'day job' largely before the US markets open). I don't say this to puff myself up as I meet far more admirable and capable people every day, but I probably can look after myself more than the average aspiring trader. However, of all the things I've tried and looked at (and I was 'mugged' plenty of times in the early days), Woodie's room is for me one of the very best resources available.

I do believe Woodie is sincere. You don't. We'll just have to disagree on that one. I do believe he does this because of a sense of purpose to help, you suspect alterior motives. Again, we're going to have to disagree. Woodie despises the vendors in this industry. I think this explains why he does what he does, you might think it an eloborate double bluff. Maybe time will leave me with egg all over my face for making these comments? What can I say?

If your posts stop traders going into Woodie's room with unrealistic expectations then I welcome them. I would encourage people who are interested to actually spend some time there and make up their own minds but their objective should be to see if they can learn anything to improve their own trading - not to find instant riches from a fool-proof system, someone else to do the work for them or a guru.

It's evening over here and I've got to put the kids to bed so I'll shut up and thank you for your previous responses.

Tony
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