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Main Page Mplay Teaches The Book Monkeys WCCI Final Trunk Monkeys |
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WCCI the Final Chapter ~ As more emails continue to come in I want to thank everyone for all their support over this WCCI mess. However I think it’s time for everyone to move forward. It is quickly becoming different life time for me but I thank you all for Ur support. To set the record straight about Woodies, I just could not be associated with anyone that cheats the MAW kids out of all that money & lies to people to enrich himself. What do U call someone that steals all that money from kids like that? Also I refused Woodie’s constant badgering & pressure to ONLY push his WCCI crap & nothing else on unknowing people in the club that would only profit Woodie. It became too unbearable to simply function in that “fascist” cult mentality. Where nothing but what he allows could be said or discussed. Again if he did not approve of any subject then its forbidden to talk about. It is an insane idea that adults can’t discuss anything there nor even go anywhere else to talk about something unless he approves of what they will talk about. To break this rule would incur his wrath as you can see & have seen so many times before. The lack of WCCI patterns success is so well documented by so many over the years & tested thru & thru that there is nothing else to add. Crap is Crap. Out of the hundreds & hundreds of emails I have received, only 2 emails came in that they “think” that the WCCI has some hope but offer NO evidence that it works. This is offset by the millions of tests run by so many others that show it does not work. So conclusions must be made by everyone for themselves. I have listed the many opinions by so many but people will believe what they want to believe & that’s the way it should be. At one point I confronted Woodie about how the long term results are really bad. I also showed the work of number of others that have intensely tested his CCI patterns with poor results. No one could validate all his claims. At first he insisted that I & the others were making some mistakes. As I persisted over the months & went through all the details of whys it was not working Woodie told me that this needs to stay between us & that no one else needs to know any of this. Since I would not condone cheating the MAW kids out of all that money & I refused Woodies constant demands to only talk about his CCI patterns that don't work & nothing else & I would not be a part of a scam, he had to turn on me. He has done so many times before to marginalize those of us that may speak out about WCCI. If people didn’t believe what we might say about truth then the process can continue. His simple plan is to discredit anyone that can expose this insanity for what it is. There have been many in the past & there will be more in the future that will go thru this right of passage to protect his con game. Oh he is a good salesman to everyone’s detriment. It is a comfort to me & others like Gary (gb007, a real class guy) that have spent so much our time trying to keep the folks from jumping off the cliff with this insane cult. Now that Gary has left I can post the rest of the story of how much effort we & others still back there trying to keep people from just buying into the insanity. It was Gary & I that pulled the plug on the 100 club when we saw Woodie try to take the idea into a criminal direction. Luckily gb & myself were there to stop Woodie & the 100 club idea from becoming criminal endeavor & protect everyone. I am reposting Gary’s (gb007) last post in WCCI club just as he emailed it to me. I to received & reviewed the same evidence that gb talks about in his post & much more… “I’m sad to post that this is my last day, perhaps seconds, on the chat, as I’ve considered so many of you as my extended family. The chat has evolved from traders helping traders and contributing to Make-a Wish to a profitable merchandising organization selling dvd’s, Trade-a-Longs. clothing, chat rooms, chart services, brokers, etc. During the past 3 years no contribution has been made to MAW. Further, I have recently obtained a copy of the inquest report for Dr. Famir, a large CCI trader, who committed suicide for financial reasons and this was not properly explained. I feel my continued presence in the chat could indicate my support for the direction of the chat and therefore I have elected to leave the chat. Some of my reasons can be found at: http://tradersparadise.blogspot.com/ “ As for myself, I have been trying 2 take it a little easier since then. I have let the website & emails fall behind lately because of that. I offer apologies to all of you that were expecting immediate responses to your emails. This has taught me a lesson on trying to help or trust people. The group that precipitated all this insanity has come along well. The more personal 1 on 1 time has proven to be a much better format. But everyone in this group had already proven to themselves that the king had no clothes and wanted something with substance. Since then the new private group has come so far so fast that offers some consolation for the massive time effort involved on my part. Many of U have expressed interest in this group & I am looking at diff options on how to or if to add new people or what to do with the group. Technical backgrounds R always in need & can be of help to the other group members. I guess in this tech world, U can never have enough programmers, coder & web techies around. It is still a massive time demand on me even in a small group to teach & help them individually so it is good to see how far most of them have advanced in their trading over such a short time. Our group just got
back from our annual meeting on a Caribbean cruise so it was a great
vacation/working meeting. The
weather was great, as were the islands we went to & the whole group
got along just great & everyone learned some new neat stuff.
All I can say is stay tuned to
any final decisions of future groups or books or whatnot. I guess a
lot will depend on what kind of interest there will be.
I am working again on my book & so on. So maybe by next year I will have it all done & available. Thanks for Ur understanding. For now U should look at all the free material out there from http://www.optionsclearing.com or www.thinkorswim.com or www.cboe.com ~ all free & great places to start with some great options educational material. Again I thank you all for the support & it is time to move on for the future. I have posted a few more of your emails. CCI emails from others & their experiences ~We all have to learn before the cost becomes too expensive. Learn from others experiences or learn the hard way on your own. I will not use their names unless they want me to. So far only Rev want to use his name so as to warn & protect others in the Traders helping Traders concept from being taken advantage of or that may fall for the snake oil. With all the thousands of traders from around the world that I have know here at the CCI Club, not one has shown to be profitable with this basic CCI, NOT EVEN Woodie. I will be happy post if someone wants to send evidence that it is profitable & after I check to make sure the results are not gaffed. Maybe someday ~ But for now out of the hundreds of emails ~ not one. This trading industry is infested with conman looking for fresh fish or newbies to hook. Conman that don't trade what they sell & only make their money off of the masses willing to buy a dream off them. Warning ~ Falling for these conman leads to loss of money, destroying the family & lives have been lost by this blind following of these crooks. The industry tolerates it because they like the fresh money it takes to keep this industry going. You only need to investigate how many funds go out of business as well only to start up under another name.
As the world trades & CCI plot thickens Rev was hired to write Woodies book for him. While interviewing many people in the course of writing this book, new things started to come to light. Here is just another rock over turned.
CCI emails from others & their experiences as CCI memebers ~Learn from others experiences or learn the hard way. Here are some of the many emails for you to learn from...
I never traded the CCI patterns with real money. I did attempt to program the patterns with backtesting with no success. I guess the word "Cult" does describe Woodies CCI Club well because I felt I was doing something wrong. The pattern must work I said to myself. The faith people have in cults override rational thinking sometimes. I'm happy I found your site because you were awesome. Please put me on your mailing list. Hi Mike I have been following your options plan and **** & me are finally making money. Wow how much easier and profitable this options trading is. We cant thank you enough. All we had to do was STOP trading those old WCCI patterns and we had more. lol I logged into the basic room today just to see what's going on these days. Half of woodies comments were aimed at getting new traders to buy the dvds, sign up for a trade along and get set up with PFG. Merchandising, Merchandising - Chaching! Should be renamed "Traders helping woodie". Hi Mplay, I also got burned w/ trading the damn patterns. You were one of
those few that I really
learned somethings from. Your Options recordings were priceless and sorry to find
they're gone... Ive read
emailes sent to you and I have the same question with one of those folks:
realizing all these under table
stuff going on in the chatroom, and knowing that even woodie himself not trading
futures, why would other 2 I saw you several years ago at a tradealong in Anaheim, back when I was still actively trading. Unfortunately, I never could make the CCI profitable and had to give up on trading. I came across your website today, and am interested in your Trading options book - is this available now, and how would I purchase it? Hi Mplay, I also got burned w/ trading the damn patterns. You were one of those few that I really learned somthings from. Your Options recordings were priceless and sorry to find they're gone... Ive read emailes sent to you and I have the same question with one of those folks: realizing all these undertable stuff going on in the chatroom, and knowing that even woodie himself not trading futures,
After I quit the wcci club site many months ago, I
lost track of you as I did not go back into the room, although I was not
banned. I learned quickly in my career that the only true indicator is
the price moving up and down a bar. The room was personally distracting to me
and I could not tolerate it.
I read through your site that outlines the
problems at the wcci, and my sentiments are found there. Are you
planning a room sometime in the future? If so, I would like to know
about it. Best of wishes to you in your
endeavors
I just returned to your site after not having been there for almost a year and wow, what an awakening. I gave up on the WCCI club a couple of weeks ago since I too, like many others, have not found a way to be profitable after 2 ½ years. I sort of had a feeling that something was up between you and the club when I came to the Vegas TAL in November expecting to see your presentation again only to notice you walking away on the 2nd day and never returning. No mention as to why you were not giving a presentation was given. They made you just disappear. It was unfortunate since I saw you at my 1st TAL in Vegas 2 years ago at Bally’s. It was the best presentation of the seminar so it was very disappointing not to hear you speak again. I came to your site hoping that your options book, that I was eagerly anticipating, was completed. I’m sorry to hear about the setback with the cyber attack. I’m left feeling hopeless at this point since I put so much time and effort into succeeding with the CCI only to come away with losses and no closer to being able to support my three kids. HI Mike Just wanted to thank you again. The only profits I ever made in this trading business was following your options teaching. He finally got someone there that could really help people and he runs them off. What an idiot he is or con man. Please include me on any talks, books, DVDs, groups or anything you are involved with. Best wishes.
When I had discovered you were gone from Woodie's I had a terrible sinking
feeling of loss. I can only imagine the hurt that you have felt
after working for years helping and teaching others. You are missed,
MPlay. If you are sending out e-mails, I would love to be on your list.
CCI was my hope of financial survival. I'm now wondering what others are doing
to profit from the markets.
Thank you Mplay for all that you have added to the WCCIClub.
Oh my gosh!!!!!!!!!!!!!!!
Greetings, I commend you for having the courage to freely express your
opinions of WCCI.
Interesting read as the CCI plot thickens. I had no idea that this was what it
was. Only discovering CCI last May 07, I still am a newbie to all this but I
guess my timing was probably for the good. A motto I have recently
adopted " Timing is Everything" seems to apply here.
Still have much interest on when and where you will decide to have daily
thoughts and ideas for all to share. Maybe a blog site or forum but always
looking to further my trading interests and share ideas with other traders. I
also am interested in your book. Where do I get info on purchasing a copy?
Sports website described your trials and tribulations with Too Tall W.
He is still going strong and will be presenting his revolutionary CCI Navigator
in NYC
at the Traders
Expo.I live in NJ so will be there . I was with Woodie when he first started out
on Paltalk--in those days everything was used cci, stochastics,rsi etc and W was a different W ---it was a Democracy and a good
place for a beginner to
benefit from others.. Actually, for some reason cci divergences were working
better.
I was a novice then and now of course use price support/resistance, fibs etc.
However, any oscillator
divergences are still useful when confirmed and I still use them. I spent a
little time with Dr Bob who
was not my favorite co-trader. If you want to write a book about the whole
amateur trader industry I could
provide some chapters on the characters in it . Your presentations were good and
useful for me so
thought you would appreciate this information. I cant believe I spent good money on his DVDs. What garbage. I should have at least checked on Ebay & would have saved lot of money. The return I can get on these DVDs is to sell them on Ebay and take my 1st smallest loss. Wish you all the best. Let me know where I can come and here you lecture again. Anywhere just say when and where.
Hi Mike. You probably don't remember me from
the old room, but I remember all that you did for the entire group. Thank you.
I'm sorry for your recent trouble, but glad
to see you get away and on a new path.
I appreciate hearing that I wasn't crazy
when I decided that cci as taught in the room was not a valid method. I
thought I was just hopeless since I couldn't make the system profitable. Thanks again for all you did and tried to
do.
Good luck
I read your article about CCI myth, it is very interesting and Im glad you
share these information with us. Im with the club for 18 months and I had
the same result with "take dam patterns approach", but I
improved my result with nuances that I implemented into the system. I believe
that CCI is as any other indicator , but if the trader is serious about the
trading he can use it as well. Sorry for my English Im from Europe,
and I hope you will come back to Prague
one more time.
When I developed the patterns/strategies for
Tradestation I compared my results against what was posted on the Website.
I found that there was issues with the trades taken on the website. Such
as this time taking the trade when there was a profit and next time don't take
the trade if there is a loss even though the conditions were the same.
Also exits for profits were posted where there were no ticks. In
addition there were trades where the pattern was posted but the pattern was
invalid. I emailed Woodie about these issues. He said it was
because my charts were different. I emailed him back that I was using
the charts from the website. He emailed back that he would check into
it. I did not press the issue because there was not benefit for me.
It seems now that I made an error regarding the profitability of the
method after reading the testimonies of former woodies attendees. What advise
can you give me for time sparing ? shall I throw all the material ? Or is it
only incomplete, and should I complete them with other trading
strategies considering your experience with woodies CCI , but which ones
to your mind ? I am a rookie in trading and having paid 990$ for these Dvds is a
very great disappointment. I just came back from a vacation break over the New Year to see that you
have been quietly removed from Woodies site. Well it seems that you have been badly mistreated by the WCCI crew after all your hard work and help you have offered fellow traders in the forum, and at the Trade Alongs and Seminars. I have read the accusations that you make about Woodie and his CCI patterns on your website and I confess that you have me very disturbed indeed. I started getting involved with trading about 14 months back and considered myself very lucky to stumble upon the CCI club quite quickly, about 3 weeks after getting involved with the business. I have been studying it ever since and up until now, luckily I have only been paper trading but never shown a profit. However I have diligently studied all the information in the WCCI forum and in particular XXXX posts which I have read and reread over and over, I have recently started taking mentoring sessions with XXXXX and I hope that I can get to see in an improvement in my results soon. I have given up my job and even moved countries to carry on studying the CCI so I have definitely committed myself. Please call me naïve but I just cannot see people such as xxx yyy & zzzz who all seem to be exceptionally talented and successful traders that constantly and openly thank Woodie for his room and the CCI, lying to cover up for someone you claim to be a false prophet (or profitJ ). I am currently in the process of backtesting the range bars, so far I have the last 14 months documented and I have to admit Mike that so far I am not impressed, they seem to perform really well when the markets are tanking as they are now, but when the markets are in a normal range ie the Russel in a 8 to 10 point range then they just do not perform well together with the CCI in my opinion. I don’t know Mike, now I am so confused and I really wish I had not read the post on your website – I could just carry on and expect that as I learn more with the CCI eventually I will become profitable, but now I have my doubts. All I can do is carry on with my backtesting and see where it leads me…the truth will out through my stats..... However if you know of something better then please please let me know,
Yes.
there was only 2 people in there. but maybe it was server issues. I can try
again. but if your not there dont see a reason to hang out there. what tipped
me off was your IC videos were gone. I sent someone there to learn options. i
dont understand why woodie throw people out who have contributed so much over
the years. Seems to be a recurring theme with him.
No surprise, really, as cult mentality people like
Woodie have to adhere to a strict code of "information control" to
keep his sheep in line. No critical thinking allowed by the followers.
I just moved on ... realized it was
pointless to stay in there and try to help others -- they need to figure it
out for themselves, as most do, eventually.. .. and I had Woodie pull anything
off the website that had my name on it.
If/when woodie finally disappears, there are
dozens of other cult-leaders willing to fill his shoes, and fleece the newbies.
Just always good to hear when another
leaves... so, cheers, Mike!... and best wishes to you in your future trades!
I just came across info on what happen in woodie's room. I'm very sorry to hear
that. So many good traders
left his room. That is too bad that he treat people
helping him this way. Thank you for all your help and
,what I learn from you. All the best to you in 2008.
Having been out of the country for several weeks, I decided to revisit your
options courses as a refresher. And you were no longer in the Socks/Options
Room. I was told you weren't there anymore.
Fortunately I'd book marked your website.
I'd like to know what you will be doing. I like your courses and your
manner of teaching. And if I'm off on the wrong track I want to know about it.
Being an Optionetics veteran I have been battered and bruised enough.
Hope you're doing ok and bouncing back from all the shenanigans
you've had to deal with. Please keep me on your email list.
Your recent writings have really hit home!!!!!!!
What a breath of fresh air to see that you have
finally made the break from the woodie cult. Don't know if you remember but I wrote you a while
back questioning the validity of the cci. At the time you were reluctant to say anything
negative about the club but I got the feeling you
really wanted to say more but couldn't because of
the dictator. I have been with the cci club since the paltalk
days and I have consistently lost money trying to make the damned cci work as taught by woodie
and his apparently unquestioning followers. Over time I have seen all the really good
traders banished from the club, like Rover, TW, Gio, Paul
etc..etc..etc but I still was made to think the
problem was with me because woodie and his followers are so unwavering and unquestioning in their faith in the
cci. I have also seen the club become more and
more commercialized over the years and to me it has completely lost that 'trader helping trader' feel.
In any event. The options room and your imput
there was the only reason I was still with the club and now that you have left I have no reason to stay.
That was the last straw for me.
Please put me on your mailing list and keep me
posted as to what is going on. All the best,
What follows are some things I’ve noticed by listening and evaluating things I’ve seen/heard in Woodie’s chat rooms:
As a result of the last set of points, I’ve had to stop listening in on the chat room. It’s distracting. I use Tradestation and won’t move off of it (I’m used to the way it works and am comfortable with the order entry system). sorrry to hear you hadda go through that kinda abuse to see that Woodies CCI does not work (esp the way they teach it).... but glad to see yer out. I cringe when I think of all the thousands of people that loose money trying to do what woodie said to do... and he keeps advertising... now I see he's got a video CD set for sale (no refunds, of course). Caveat emptor, for sure.
I heard from a friend that something happened in woodies room between you and
woodie....surprise, surprise......sorry to hear. I dont know why he chases off
all the good traders.......that is why I only stop in there now and
then....too much BS all the time.
I have been in and out of the Woodie rooms for about 2 years now, I've been
trying to make it in futures this whole time, since Woodie made it seem so
"simple" by "just trading the patterns". But I have not been
able to make the CCI work the way woodie teaches.
I used to be one of them, but could never verify
the trades either. I was in a whole group in Chicago, they couldn't either.
I stayed with the site just to follow your talks
and notes. Put me on your list again. Send me updates.
Your treatment by CCI is not uncommon as you
know, many have been sacrificed before.
Best Wishes, Happy New Year
was just looking at your side and i'm very sorry
to read all this. It seems very difficult to keep the top people together in
this club.
In case you lost me , here I am again ,
waiting for your book.
I wish you a very happy New Year and many
thanks for all the work you did sofar.
Well, well, well...... I guess I was not too far
off in my conclusions outlined in my email last night. I appreciate you
sharing the history of this in your reply. I left Woodies site many years ago
after having contributed in a small way, but I was literally horrified when
many of the good people at the time began to disappear. Names like drBob, Gio,
Dax, r7, Earl from Arizona
and other's I don't remember at this time. I was castigated by Woodie one
evening by even asking a question that would have required a reply from him
that was not out of his protocol. I remember sharing my thoughts with xxxxx
who confirmed what I suspected but did so in a rather diplomatic fashion.
Needless to say, separation from Woodie is kind of like the inevitable
divorce........people know it is going to happen, they just don't know when.
It's not productive for me at this point to
rehash the negative side of Woodie and his gang. The positive side of this is
that is has been a way for me to be introduced to some people I've learned a
lot from and have helped me develop in my trading. I'll just leave the rest of
the review of Woodie at this point - don't want to do it again!!!!
I have always had the greatest respect for you
since we got to know each other and probably have a greater personal concern
for you that I would have for other people that I've developed at least a
communication relationship with.
Thanks for the quick candid reply. I'm sorry that the Woodie team caused such
destruction. I'm glad I didn't get "sucked" into the CCI club. I
looked at it but read alot of other information by others such as DrBob and
Dennis Bolze. Thanks for keeping me on the list - I appreciate that. I have
looked into options several times and never felt comfortable with them or that I
knew what I was doing, so I look forward to your book. All the best for
2008 and beyond.
I sent an earlier email and suppose that it may have been dumped
with your site.
I want to thank you for your help. It is inspirational to find
that there
are people who want to help with no ulterior motives other than
to help and if can also raise some funds for charity provide a
"win-win"
benefit to all
I am one who has spent countless hours and funds in the futile chase
of the grail only to become disappointed when at the end of the search,
to find that I am back at the beginning.
I have always found your advice to be accurate and appreciate your
insights and would like to be included in the future if you should decide to pursue a group setting.
Just read your comments on the CCI patterns and the behavior of that
despicable little man who runs the joint.
THANK-YOU for your candor and honesty I
was disenchanted wth woodies TAL
too many fillers , bs ,and solicitations
-
why does he not do a audit of the
success and failure of people in the room trading futures
I am trying the 50 cci
thanks for your options series -my intro to
options
Anyway, I’m a member of Woodie’s CCI Club and this summer, just before I started to like pure price action, I thought WCCI was the way for me. The reason why I migrated to price action was that WCCI didn’t work for me. I tried to do a manual backtest of a few first months in 2007 on the YM, 5min charts, and the results were not positive. I tried very hard, I tried numerous money management combinations, I tried to filter the trades by nuances as per xxxx’s advices. It did improve my results but they still weren’t positive. And even if they were, the systems I arrived at were discretionary, and also something completely different from WCCI. Definitely contrary to the idea that WCCI is a mechanical, winning system that works on all time frames and all markets. I never really understood how people in the club could trade it profitably. At least as far as markets other than trendy ER2 go. I have never seen anyone faking the stats – but it’s also true that I wasn’t really watching. I knew a lot of strange ideas being taught there. When I read the tuckerreport.com article 2 days ago, I felt its author was reading my mind. I even feel a bit ashamed that I didn’t stand up and say anything in the chat rooms or the forum. So why do you think is he doing it? Do you really think that he’s being paid by the clickthrus, website traffic, and the advertisement of companies like PFG etc.?
I was starting to learn the CCI and downloaded all your option class to learn.
Then today, someone in the forum ask about Ninja Trader. I responded
that I was very happy with NT. I get to use it for free until I'm ready
to trade live and the brokers that accepts NT charged me $4.75 per contract
with free data.
I've told someone that and Woodie got mad and booted me. PFG was
charging me $8.00 per contract and $99 for data. I truly think that
Woodie might be getting paid by them because he keeps on insisting everyone to
use PFG. If I trade 10 contracts per day, that's an extra $3,350 in
commission a month. If he can get 400 people in his room to
keep using PFG, that's $1.34 million a month.
After I got booted, I was very upset. Then I did a google search
and found so many people got booted from him for speaking the truth. I
hope you keep your website strong so people can see both side of Woodies CCI.
I've always liked your style and honesty about the trading business. so keep up the good work.
Happy Holidays and good luck in the future.
I was surprised to see you 'disappear' so suddenly from
the club.
The last Vegas seminar was the turning point for me also. After 3 years, I just quickly read your updated web pages.
Not big surprise for me at all !! Honestly I have to say : Y have big credit
in my eyes !!! I fully support you, U said clearly a lot of "said" facts about
"side way"
industry.
I trust only my trading plan. And I know, why a lot of people are loosing
money. they are buying only dreams. I hate these sellers. Most of them are
only marketing guys, they didnt trade their own account or max. very small
one. They build their income mainly from teaching and what is really said,
sometimes it is bulllshits and misleading hints.
but be positive :
Mike, I wish you and your family Merry Xmass and Happy New Year. !!
I Googled you and found your site. I'm sorry but woodie is a travesty. I shut
his site off in Hot Comm
the first day that he got on the site and said "we don't need no stinging
prices in this room to trade
successfully. All you need is the CCI." I told (xxx) that I would be
careful dealing with this
huckster. Be gone Satan.
Woodie banning you really sucks. You have done so much
for the club and speaking at the TAL's. I think your
work is invaluable and I'm glad I got to read it. I
made a document on your ideas and still think your
1-2-3 exit is great. He threw me out of the room a Just wanted to drop you a message of support. I enjoyed your
training/lecture videos and am sorry to see that others will not benefit from
them. As you know, this type of thing has happened before and because of
these situations, useful material just vanishes from the site once the author
becomes "disavowed". I got fed up with the attitude at WCCI Club
and do not visit there much anymore. As for the indicator, I was never
able to put it to much use. sorry to know that you`re banned from the room....it`s like " animal farm" over at
woodies, he
must feel threatened and run the best off. CCI Patterns Myth Well we're back. After having my website attacked here, we have to conclude that this information cannot be a good thing for Woodie CCI, & he is willing to do anything to keep the people from learning so that they can make up their own minds. They would rather play these games, rather than let you get the strategy & let you decide if it has any validity. He would much rather continue the cult like domination of only what he allows will be discussed or seen. Everyone must have total obedience to his sales pitch or suffer the wrath. So they have deleted this monkey from the forum site & they have crashed my website so you can't see it or use it as well as files for my book. My book has had catastrophic set backs with this cyber attack on me. Many of the files that were to be put out with the book have been destroyed. If you have contacted me before thru the old info at mplayoptions email, that whole list was also destroyed as well during this attack. Please resend to info at mplayoptions email. I wonder if there are laws against cyber terror like this? What do you call people that would destroy things meant to raise money for charity for their own selfish sick agenda to hide the truth. Trading is too difficult a business without the egos getting involved. You should never trade anything you can't prove that at least it has some hope of working. This business is all about the numbers & only the numbers and not about who can yell loudest. So what can be so bad about seeing the truth? Some of you have been looking for my Xmas present that sparked all this insanity. This is my Christmas gift to the club that many of you have been waiting for. I guess this present didn’t go over as well maybe because it exposes how bad CCI really is. This business should have nothing to do with egos. It is the numbers that really matter. But I wanted to share it with the members & you can do what you want with it. It's your business & you must make up your own minds. It may save so many a lot of money & time. I was going to have a class on how to use this program better. It got canceled. Don’t look at me, the cover up is not my doing. So here it is anyway. No real money is to be used with these programs ~ Woodies Basic CCI ZLR Zip All the appropriate disclaimers &
warnings & more apply. No
guarantees, no promises, no nothing applies.
It’s strictly for educational purposes only.
No real money is to be used with this program.
You better make sure of Check back later. I will post the coded setups that can be used in TradeMaven. If you have the code in other software formats & want to share then you can send it to me here. I can post all the emails & meeting recordings, but people will still believe what they want to believe.
Merry
Christmas & all that happy stuff. Well its that time of year again. Another year gone & another year older & another year will begin. So many have been waiting for this, and since I put in so much work on it, I thought I would share it. So ,as my xmas gift to all our members, I am releasing the Basic Woodies CCI ZLR Monkey. I coded it based in consultation with Woodie & his specifications & the published document. You will need to have Trade Navigator to run it. You can share with someone or get a trial version to give it a try. You can get the trial & that should be more than enough to load this code up & run a test on all the markets you want. This will also auto execute & do all the trading for you. It should only auto execute in a paper account. So you almost don’t have much to do. All you have to do is No real money is to be used with these programs ~ Woodies Basic CCI ZLR Zip click here to download the file to your computer, unzip it if its the zipped version, import it into Trade Navigator as a Library & your ready to use it & back test as much as you want. This code should be the proof you need to make a rational decision on CCI patterns and not based on anyone’s word. You can back test the ZLR for decades on any market within seconds to see how it would have done. You can run it on any market & almost any time frame. You can make any and all the changes to it you want to fit your style. You can setup & use your own stops & targets & exits or whatever you like. I chose the ZLR because it does better than the other patterns. So I picked only the best for xmas. Let me know how you improve it & how you do with your testing or if you can make it profitable somehow. Keep in mind, the sales pitch it's good on any market & any time frame. After all, you have no business trading real money if you can’t make paper money. If you are trading real money without extensive back test results or good evidence that you have an edge, then let me just say (since its xmas time) you don’t belong in this business. This Monkey will help the thousands of you who simply will not do the painful meticulous work of back testing to see how well something works.
There are now people who went out to their own groups to prove CCI for themselves only to substantiate my findings with their own code. What is difficult for me to believe is that some of these people are now charging other members money to teach them what they learned doesn't work & that they themselves do not use. That just seems wrong to me & I don't want anything to do with that kind of club. I will not have anything to do with lies like the ones that surrounded the 100 club. That is why I also had to shut it down & made sure that every penny was returned to each member. When I returned from my vacation & heard of all the lies that he told to the members only to get their money was completely unacceptable to me. I can only guess how many local, state(s), federal & international laws he broke with all those lies. There was no way I would have anything to do with something like that. I thought that it was an isolated situation, but now I'm seeing that it is much deeper & consistent than I had thought. People need to be very careful in this industry.
In keeping with the old spirit of the club, I have never charged anyone anything. I have never charged any member any money for anything. I only do this to help traders & to raise money for charity. So the program is FREE. However, some of you know that I hosted a small group meeting here in Vegas before the TAL where we discussed all kinds of trading ideas. Yes, we actually discussed things that were not CCI & things that really worked. Most of you know this cult like attitude that only what Woodie allows to be talked about in his rooms is to perpetuate his CCI patterns. This meeting we had met with his wrath because it examined many other ideas that were far superior to CCI patterns exposed CCI patterns as crap.
But what is more important is we raised some money for charity since the main TAL doesn’t anymore. After the expenses were covered, I then personally matched the money left over (& more) & it all went to Toys for Tots. Since the main TAL has dropped the charity. If you have no evidence that anything really works, you should not be wasting money on it. You need that money for yourself & your family not throwing away on all the crap & crooks out there in this industry. Give it to charity & do some good if you really want to give it away. My wife & I did our annual thing of each getting a big shopping cart & filling them completely up with toys & delivering them to Toys for Tots. We also made a cash donation to Toys for Tots because the older kids are usually left out. We will usually do it again if we see the firemen collecting toys for the children's burn unit of our local hospital. We just wanted to lead by example. We really do what we say, not just sell it. If this letter and or this ZLR coded setup has shown you the truth & helped you save thousands of dollars & the months & months of time to do a good back test, then you too can help with some of the charities I support. You will find the links to the charities that I support here on my website at the bottom of any of my pages. You got to see the trunk monkeys here. They are a riot. Merry Christmas 2 all & 2 all a good nite. No real money is to be used with these programs ~ Woodies Basic CCI ZLR Zip
Check back from time to time for updates…
I would like to thank you for all the emails that have already started to come in to support me. Not one negative email. Thank you all for your kind words. I now see how many of you realize “the emperor has no clothes” no matter how much he wants to intimidate the people. To my knowledge of the hundreds of traders who I have had contact with here NO ONE has made these basic patterns profitable in the long run. Also, everyone I know now doesn’t even use them. The club has become a meeting place for friends’ for lack of a better word for many over the years. But it is this act that actually perpetuates the CCI myth. We must remember they have a mailing list of some 15,000. But only a few hundred actually still come into the room. The majority of that are new people who haven’t been thru the process yet. It was only a few hundred years ago that most of the planet was convinced the earth was flat until they saw the truth. The same applies here. When I came by a few years ago, I saw so many people here that I instantly thought maybe there was something to it because of the sheer numbers.. When we are the "new" people we just don’t realize the thousands & thousands who have been used up or burned up & run out over the years. So as they see the light & move on, the circle of life continues. The fact is CCI is no better or worse than any other indicator. I personally like the longer 50 or even the longer CCI lengths seem to have more validity to me. To me, the basic CCI patterns are just gibberish or something to sell to the masses to increase traffic count at the websites where the real money is made on clicks & counts & links & banners & endorsements. But in the mean time, real people are wasting money & priceless time to learn the truth. So many feel they are incompetent because they can t make it work when so many others are given the illusion it's working for them. Now they can plug in the code & see that it was never them in the first place, but these patterns instead.
My arrival also happened in a period of history where my early hand testing showed some interesting numbers over the immediate short period. I liked the concept of traders helping traders & keeping the crooks away from cheating our members , and also money was being raised for charity back then. So I stayed for awhile. I, like others who have been around for a while & know the score, quietly tried to educate the traders on alternatives like diversification, options, and having a good plan, that have been tested based on money management, risk reward & controlling risk. We tried to keep the members from being taken by this pattern crap. Nothing else is needed & it works on all markets & all time frames & so on & so on with no snake oil involved. But by our staying around to try to keep people from losing money on these patterns, we give him our creditability to attract even more new people. A salesman who is selling nothing has no creditability. It was the hundreds of people who hung around for their own various reasons who gave him that creditability to sell all those links, clicks, chat rooms & so on. We are the traffic count that brings in the real money for him. That is why now at the club, we see people are now badgered by Woodie if they don’t support the companies that pay him. You may have noticed that his sponsors are much more expensive. Where do you think that extra money they charge if funneled to? Now, its even turn on your web browser even if you are not there or don't care, so he can show his clients how many people he can get into the room for them & that they should pay more to have access to the club. Now the new & improved sales pitch is range bars. Forget all the money you lost on the old stuff that didn’t work in the past, this will be great. NOTICE there are NO verifiable results AGAIN. Watch the sales spin on this one as you see it evolve. Btw, I have worked with range bars in the past. I know range bars & they are NO UTOPIA, & you BETTER wait for the verifiable results because this will be another nightmare. You heard it here first. You would think the sales department over there should have checked with the trading department about, this latest plan & should have did a wait a minute. You are now going to set a range for these “patterns” on a market that is constantly changing its range & volatility from day to day. Right, OK, lets see how the sales pitch goes on that now. I was also sent in link to another site that also addresses
these issues. http://tuckerreport.com/articles/magic-indicator/ I don’t want this to be an attack only site. But Woodie has gone to great lengths to silence me & not allow the members to get anything not approved there at his site. I want this the be an honest & fair discussion of CCI & if these Woodie patterns have any validity to them. I will gladly post any evidence that Basic CCI works. I’m not even asking that it has to work on every time frame & every market. Anyone that has been in this business for more than a month knows how ridiculous that sales pitch is. I have asked numerous times yet not one has come forward yet. If you have other code for other software then you can send it in & Ill share it with the rest of the traders. That’s traders helping traders not just trying to fool them. I will also accept hand tests or real results that come with the rules. I will verify that the rules are strictly followed & no losers are omitted nor that winners are slipped in to improve results. If they happen to make it profitable then I will happily post them here for all to see. Then as it should be people will make up their own minds as to whether something works or doesn’t. We can start this kind of analysis on any & all indicators that you may want to look into. No limitations will be set. There is so much phony crap out there & its long time we debunked as much of it as possible. Trust no one especially if they have already fooled so many. You must do your own numbers & then recheck that before you go off & risk or throw any money at anything.
Check back from time to time for updates… |
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