This I have to take issue with - Woodie has never made any qualms about Don Lambert being the inventor of the CCI. Even had him out to one of his CCI parties. Don just doesn't take much credit for it, for any trading applications, as he used it to test a calculator. Chris
I remember once Woodie was talking about Bollinger taking $2000 or so for his seminar. There was so much envy in his voice that he couldn't do it. The guy (Bollinger) is a brilliant mathematician and definitely earned his rights to charge such amount for his work. No comparison to woodie.
Tampa I have never given a damn about what another man thought about me. I answer to GOD and that's it. If what I am saying is TRUTH and I believe it to be true, then I will stick to my guns until I am PROVEN wrong and if I am proven wrong then I will be man enough to admit it. I admired your courage with the situation with GIO but the TRUTH was you where just WRONG and there was no need for it to escalate like that. Then you got personal and started attacking people who she has helped and her family members, that was just total crap. It started as a joke but you just can't go around making jokes and hurting peoples feelings NEEDLESSLY and expect to get away with it. If you had a serious grief with GIO why not pm here or email her and deal with it like that? Instead you chose your ego, even when you where out of line. I hope you learn a lesson from this because your humor is really amazing and if you where a stand up comic it would be different, this was out of line because it was done in the wrong context.
samson, please explain how tampa was wrong about gio. I and many others have grown more angry over many months how woodie would allow gio to call exits without entries. Because of this she never admitted to a losing trade. In my opinion this is plain dishonesty and anyone who thinks she never has a losing trade is very misguided.
One should have wild imaginaton to call MA envelope with 0.38% CCI Fib band only because MA lenght is 14 ,same as lenght of CCI on one's chart.
but vas you also need a wild imagination to call a 'head and shoulders' a 'ghost', and an 'adam and eve' a 'vegas'. as long as everything is 'invented' in woodies room all is well.
Matilda DO YOU REALLY WANT TO KNOW THE ANSWER? Have you ever tried to moderate a room with 700 people? I have and let me tell you this. It is a VERY difficult thing to do. When I moderate, I will not even trade because it is almost impossible for me to do both personally. I have followed gios posting in the room and they are unorthodox because she uses the cci on different timeframes from woodie and therefor she is trading with different entries, exits and targets all together. This is one of the weakness's in woodies room but it is also a source of strength because once you master the basic cci there are several other traders that take the cci to a much higher level. It's just a tool, that's it. I can personally tell you that I post entries and exits late all the time because I am there to trade FIRST help others second and I just can't do both simultaneously but that is not the issue. You are not supposed to taking other peoples trades! So why would it matter? You are supposed to learn the more advanced trading styles that you like on your own time AFTER the market closes. Have I meet Gio NO Have I seen her trading account NO Do I know if she lives in a mansion from all her profits NO What I do know is that if I wanted to learn what she was doing ALL I would have to do is ask and she would teach me her style. Then I could decide for myself if her style was suited for me. If Tampa really wanted to learn what gio was doing he could have done the exact same thing and that could have settled his curiosity but he didn't. He made a mistake and chose to deal with it with some distastful humor at the wrong time and then it escaleted to stupidity! This is not a difficult concept to understand, its just the way the room works. Good and Bad but a heck of a lot more GOOD. The room is what it is ... but then again NOBODY is perfect so I suggest either getting an education on what it is and taking all the GOOD you can from it and just accept the fact that you will never please all the people all the time.
samson, you seem to have an innate ability to never understand the point of the argument. the key question here is one of simple honesty - do you really believe that gio never has any losing trades? if you do believe this you are more gullible than I thought. when woodies room had credibility and integrity (many many months ago) he would not allow anyone to post exits without entries. now he does. I can quite understand anyone being hesitant to be accused of calling trades without the adequate credentials. if this is the case exits should not be called either as they can constitute the entry to someones counter trade. And the number of runners she claims is just plain incredible. If you respond to this post samson please keep it logical and focussed.
Matilda I just don't see, what it even matters. I mean come on, how many systems or programs have we seen that claim this result or that result, then right after we start using it, it falls to pieces even with track records. Several self diluted vendors come to my mind... The truth is I'm too busy trading what I know that works for me, then to waste my time following any other trader except occasionally. We all have egos let's just admit that! I do, I hate it when I post an entry and it goes south immediately and to be honest I will even shy away from posting my exits (even though my account is flat) sometimes because I secretly hope it turns around and I don't look like a dumb a##. Do I think this happens in woodies room, sure I do but like I said it really doesn't have anything to do with anything because if you are using the room correctly, it will not matter to you personally. If you are riding someone elses coatails well then your a fool and that's not what the room is about. My point is simple and I will end this here. DON'T THROW THE BABY OUT WITH THE BATHWATER.