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Hi Natasha,
In my trading i have been influenced by two discretionary traders
Woodie and Dr. Elder, in addition I have studied Technical Analysis
through various trading books I have also attended a one day trading
seminar by Dr. Elder. My trading is therefore influenced by the
information I have gathered over the years from all these different
sources. My current trading style and methodology is heavily
influenced by Woodies trading framework. I mainly trade Zero Line
rejects they work fine for me. Woodies system is not the holy
grail, I sometime experience losses. But that is the cost of doing
business.
Woodie has great moderators in his room (Gio, Tony_uk, Samson, Paul,
Biggs, Saintan, Rover and others). All these guys are TOP CLASS.
Listening to them is a great learning experience. And you know what
it is FREE of charge. I am also a member of www.ino.com
Investorflix. From them I rent videos presentations from traders
like Linda Raschke , Charles Le Beau, Cynthia Kase , Sunny Harris
and others. I tell you what, in my opinion the information I get in
woodies chatroom is not less than what I get from investorflix. What
I also like about Woodie is that he invites other people to give
presentations He invited Dr. Elder (www.elder.com), Robin Dayne
(http://www.robindayne.com/) and Dr. Brett Steenbarger
(http://www.brettsteenbarger.com/) author of the Psychology of
trading - Wiley
What Woodie wants ultimately is that the members of his chatroom
become independent traders. The chatroom is a training ground for
you to acquire skills that will enable you to trade independently.
Next to the main room you will find several other rooms where you
can go for specific question and support. My trading is not
influence by what I hear or see in the chatroom. I am an
independent trader, I listen to the moderators in order to learn and
sometime I post questions when I need clarification on an issue.
Woodies system is based on the CCI ( the commodity channel Index
developed by Donald Lambert). Woodies system is based on patterns
that occur on the CCI chart. I have not yet found any code that can
accurately find all these patterns.
Trading is hard work; it requires dedication, study of technical
analysis, risk management and money management if you want to
succeed.
Regards
Guno
--- In amibroker@xxxxxxxxxxxxxxx, Natasha !! <dynomitedoll_ddd@xxxx>
wrote:
> Hi all,
>
> gunovanengel <gunovanengel@xxxx> wrote:
>
> Hi,
>
> I have been studying woodies method since March last year. I have
> been spending around three to five hours a day watching woodies
> pattern on Esignal and Amibroker.
>
> My understanding is that woodies system is a discretionary system
> based on pattern recognition and support and resistance lines. I
> have not been able to program woodies system in amibroker. My
> trades are triggered when I visually spot a CCI Pattern. Since 5
of
> January until today seventy percent of my trades are winners using
> woodies system.
>
> I also think that not every pattern that is visible and straight
> forward to the eye can be programmed. Discretionary trading works
> from some people, system trading work for other people, a
> combination of system and discretionary trading works for other
> people. I place myself in the last category.
>
>
> Regards
> Guno
>
> ###############################################################
>
> Hello
>
> As mentioned above you have been studying Woodies system since
March last year ( thats 10 months) and are now applying it in your
trading activities.Do you exclusively trade woodies for your
investment decisions or also some other system in conjunction with
the woodies.(Not that its any of my business of course but i asked
because i just found out about the woodies just recently and posted
a question last month(ref:Jan23 Trading System) in the group but no
one who responded admitted that they traded the woodies
exclusively.Also many said its good and others said its useless.) I
would like to follow it but if it is going to take a long time and
if its going to be fruitless then well??? what i really would like
to know is well its a trading chat-room and are you there 3-5 hours
a day because of the chat or messageboards or because of woodies
trading system.I mean does the info on the market by chatters
influence your trading decision or the woodies chart?You must be
seasoned by now so
> i would really like your honest opinion.(I have sat there also in
the chatroom and know what goes there )but i havent any opinion. I
did search the amibroker archieves for codes on the same.There are
many codes written on the woodies but all are part of the entire.
>
> YOur response and comments and opion will be most
appreciated.Thanks.
>
>
#####################################################################
###
> --- In amibroker@xxxxxxxxxxxxxxx, "Fred" <ftonetti@xxxx> wrote:
> >
> > What I found "interesting" about Woodies philosiphy was that all
> the
> > rules were supposed to be crystal clear ... until they were
> written
> > and backtested. Then it was a different story along the lines
> of ...
> > oh it's too complicated to code etc ... total nonsense ... That
> > doesn't mean the METHOD doesn't work ... maybe it does ... but
no
> one
> > seems to know what was wrong with the code that several people
> wrote
> > or how it should be changed to be accurate etc. If you've got a
> > handle on it then please post the code so the rest can backtest
> the
> > methodology. If not then you are trading a virtually untested
> system
> > for which some how trades were cherry picked by someone using
> > some "higher" power.
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "gunovanengel"
> <gunovanengel@xxxx>
> > wrote:
> > >
> > > Hi,
> > >
> > > I am also a member of woodies room. I think it is the Best
> Chatroom
> > > around. No place like woodies room. I also use Esignal advance
> > > charts and Amibroker Pro.
> > > Amibroker fills all the gaps I find in Esignal. to me
Amibroker
> is
> > > the Best charting package around.
> > >
> > > Regards
> > > Guno
> #############################################################
>
> Hello,
>
> That is why i am so confused.Time is of an essence here and a
prime factor .To go after woodies or not to go That is the Question.
>
> #############################################################
> > >
> > >
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Fred" <ftonetti@xxxx> wrote:
> > > >
> > > > That pretty much says it all ...
> > > >
> > > > --- In amibroker@xxxxxxxxxxxxxxx, "sinhavishal"
> > <sinhavishal@xxxx>
> > > > wrote:
> > > > >
> > > > > For your information, I am a member of one of the very
> popular
> > > > > trading rooms on HOTCOMM ( Woodies room ) with atleast 750
> > > traders
> > > > > online at any moment. Most of these traders are day
traders
> and
> > > > deal
> > > > > future which is a very fast moving market. I have not seen
a
> > > single
> > > > > user there posting AMIBROKER chart on this website.
> > > > >
> > > > >
> > > > > Thanks
> > > > > Vishal
>
>
####################################################################
>
> Hello
>
> The very HOtcomm is accessible to all for sometime and so is the
material available there as is the material here.You first posted
here on Feb 2 thats 8-2=6 days ago.U made up your opinion fast about
this product. I think too d-mn fast.Sound like a man in a hurry to
get somewhere.Settle down .Get the load of your feet.Get a bearing
on your position and take time to really think .There are many who
have been here since the inception of this product and are doing
well including yours truly .You MUST seriously consider why.
>
> Nothing more i would like to say .Have fun and stick around .
>
>
>
>
> Warm regards,
> Natasha !
>
>
>
>
>
> ---------------------------------
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