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Woodies CCI Club-How it all Started
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Woodies CCI Club-First Trade-a-Long
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Woodies CCI Club-Where have all the moderators gone
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Woodies CCI Club-BobCathy comments
If you are new to trading, before you go out and buy into to someone that claims to have the holy grail take a day and read thru this blog. If it sounds to good to be true, well it just might be. Why put your money on the line following someone when all you really need is to find your own way....there is a lot of crap out...
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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE ANACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND TEXTS. OUR COURSE(S), PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.
6 comments:
He had to take everything offline in a settlement with Woodies lawyers.
11:59 Anon - That's a good laugh.... No one in their right mind would represent woodrow over Cheese providing some honest gio related commentary.
Well that's a darn shame. Cheese might be off the wall in most respects but he was on the money in regards to Woodies BS.
When it comes down to a pissing contest with lawyers who do the odds favor? A guy that is struggling to achieve his dream of being a successful trader who has depleted his mony? Or the SOB that helped him deplete his money and also pocketed a lot of funds from less than scrupulus means. Obniously the big money will win. And it is still a shame.
Hmmmm....now why would Woodie have an issue or concern with anything Cheese or anyone else had to say if it wasn't affecting his pocketbook? Obviously he felt that it would and he would lose or have a reductuion to his revenue stream if he had bad publicity.
Just a thought.
Phil, you really cannot make the claim:
"Cheese becomes a profitable trader while 99% of the people passing through WCCI Inc. remain losers"
The only truth is what the brokerage statements show and you don't have access to anyone's but your own. There's no point in challenging your claim because it's just an opinion and just as valid as anyone else's.
gb007 and Dennis have it right. You find something that looks good, gather enough statistics to confirm your trading plan as having a positive expectancy and then proceed to pound away in real-time. All of the preoccupation with this trader is successful and that trader is not but others believe him is just a time waster (remember Pareto's Law)
Does that mean that 80% of the readable stuff comes from 20% of the blogs in the universe? lol
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