The slide continues from the peak back in 2004 as the club works on how to turn the corner before it does the "crash and burn" routine......the number of lite users also continue to rise however as a percentage of attendees...wonder what that means.....
Once looking to at 1,000 vistors at any one time, the rear view mirror is seeing that slow disappear in the rear view mirror......and some one actually asked....."Don't moderators make the big bucks?". The answer to that is a simple one.....ask Bonnie, Kate, JennAnn and of course Bobcathy.........
OH what am I thinking.........wake me up, REALITY CHECK.......
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3 comments:
This is true, the club membership is way down from the high a year ago.
The student room is a flop....there is so much fighting between the moderators. Woodie doesn't seem to care what is taught. Real shame.
Woodie was on Fox TV today doing ad ad for a data company.Times must be tough.
Dennis,
You've been there (in that room). I've been there. Aside from any in-fighting brought on by where money did or did not go, I think one thing has proven itself out: The 14 period CCI without anything else to go by except for a sidewinder and (the newer) "chop suey" indicator leads to eventual account blowout. The margin for error is too slim.
Let's put it another way. I see no evidence that trading the CCI to exclusion of all other market generating information improves your odds of succeeding as a futures daytrader. If it's so great, you wouldn't be seeing the revolving door pattern of newbies getting excited about how great things are and then, over time, disappearing from that group, never to be heard from again. The lucky ones figure out how to put it all into an appropriate context taken with other highly useful market tools [hint: market internals and price action].
But trading crowds want a trading savior, so to speak...not the more obvious approach: look inside yourself for the answers!
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