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The "RULES" as stated in the documentation written by someone who has
apparently been using the "METHOD" for some time and which were
verified by Woodie himself while not extremely straightforward can be
turned into AFL.
--- In amibroker@xxxxxxxxxxxxxxx, "Rakesh Sahgal" <rakeshsahgal@xxx>
wrote:
>
> To the extent I have been able to understand, Woodies is more of a
method,
> rather than a system where objectively laid out criteria can be
applied.
>
> Success is as much a function of the trader's competence in
understanding
> and applying the method(not system) as it is a function of the
trader
> knowing when there is a higher probability of a particular pattern
> succeeding. The fact that it is hyped up to the extent it is, is
probably
> because novices gravitate towards it hoping they can gloss over
their own
> shortcomings and achieve some measure of success.
>
>
> R
>
> On 10/27/06, Fred <ftonetti@xxx> wrote:
> >
> > It's not about discretionary .vs. system trading ... I have every
> > respect for those who are successful with some form of
discretionary
> > trading ...
> >
> > However, when I hear of a particular method where the experts
state
> > that there are definite rules and the rules are written and
applied
> > via AFL or ELx or whatever and the resulting backtest is a flop
and
> > then the experts then state that the rules can't be backtested I
> > become more than a little suspicious.
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "wavemechanic" <fimdot@> wrote:
> > >
> > > I wouldn't knock Woodies (or any other) approach. I know a
couple
> > of traders who have done very well following in his footsteps. I
> > never got comfortable with it but there is always more than one
way
> > to do something successfully (e.g., system vs. discretionary
trading).
> > >
> > > Bill
> > >
> > > ----- Original Message -----
> > > From: "Fred" <ftonetti@>
> > > To: <amibroker@xxxxxxxxxxxxxxx>
> > > Sent: Thursday, October 26, 2006 8:41 AM
> > > Subject: [amibroker] Re: seeking the following in a trading
> > platform for a Woodie's CCI trader
> > >
> > >
> > > > Woodies is like being on a Jim Jones trip ... now drink the
> > coolaide
> > > > boys and girls ...
> > > >
> > > > --- In amibroker@xxxxxxxxxxxxxxx, "scourt2000" <stevehite@>
wrote:
> > > >>
> > > >>
> > > >> Tomasz,
> > > >>
> > > >> I apologize for my outburst like this. It just burns me up
> > > >> sometimes when I know how powerful your product already is
and
> > how
> > > >> people come on this board and want the moon put into a $229
> > price
> > > >> tag.
> > > >>
> > > >> Next time, I'll just curse to myself and ignore these kinds
of
> > > > posts.
> > > >>
> > > >> Steve
> > > >>
> > > >> --- In amibroker@xxxxxxxxxxxxxxx, "scourt2000" <stevehite@>
> > wrote:
> > > >> >
> > > >> >
> > > >> > Dennis,
> > > >> >
> > > >> > What are you trying to do? Suck the life force out of this
> > group
> > > >> and
> > > >> > leave it for dead? Maybe you were some powerful guy in
the 9
> > to
> > > >> 5
> > > >> > business world where that kind of detailed delegation of
> > > >> > responsibility got you fat bonuses, but I would hope that
> > > >> technique
> > > >> > doesn't fly in the trading community where no one owes you
> > > >> anything.
> > > >> >
> > > >> > I have lost a couple of trading buddies to "the Woodies
CCI"
> > and,
> > > >> > unfortunately, by the time I saved myself from it, they
> > already
> > > >> had to
> > > >> > go back to their 9 to 5 jobs in order to put food on the
> > table.
> > > >> [I'm
> > > >> > not joking]
> > > >> >
> > > >>
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Please note that this group is for discussion between users
only.
> > > >
> > > > To get support from AmiBroker please send an e-mail directly
to
> > > > SUPPORT {at} amibroker.com
> > > >
> > > > For NEW RELEASE ANNOUNCEMENTS and other news always check
DEVLOG:
> > > > http://www.amibroker.com/devlog/
> > > >
> > > > For other support material please check also:
> > > > http://www.amibroker.com/support.html
> > > >
> > > > Yahoo! Groups Links
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > --
> > > > No virus found in this incoming message.
> > > > Checked by AVG Free Edition.
> > > > Version: 7.1.408 / Virus Database: 268.13.9/490 - Release
Date:
> > 10/20/2006
> > > >
> > > >
> > >
> >
> >
> >
> >
> >
> > Please note that this group is for discussion between users only.
> >
> > To get support from AmiBroker please send an e-mail directly to
> > SUPPORT {at} amibroker.com
> >
> > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
> > http://www.amibroker.com/devlog/
> >
> > For other support material please check also:
> > http://www.amibroker.com/support.html
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
>
Content-Description: "AVG certification"
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.1.409 / Virus Database: 268.13.27/517 - Release Date: 11/3/2006
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