Real traders and the CCI........where are they now?

Mittens has registered for the workshop coming up the end of Sept, and is now doing her homework to prepare. Seems the thousands and thousands of emails that have come in telling me what traders would like to hear....well the CCI doesn't seem to be at the top of the list. All I thought was "DANG", those goes the latest research into the Hangin Chad setup that during it's testing it was found to have a winning ratio of 173%. OK, OK, just kidding again.......it was only 170%.

The interesting thing so far, is that people want to understand more about longer terms, stocks, options, timing for options, seasonal of stocks, ticks/tiki/prem relationships, position sizing, ramping it up at the right time, when to trade and why, when not to trade, what is the best setup, best trigger and how to manage the trade to have the best overall return and why and some even want to trade for the entire week.....
A week with me, WOW....now that would take some real stones. My view of the workshop is as always.....simple. I understand, because of having been there, having been run over, stomped on, spit out and chewed up the kinds of things that jam up a trader. I can only tell you how I was able to overcome that crap and move to higher ground, whether or not you can.....well a year from now you can look back and decide where you are.

We can talk about everything and anything.....but one thing is important, all principles of trading should work on all time frames and all markets. It's like your kids, they are all different, but at the same time they are all the same because of the principles that you give them, if that makes sense.

I can't show you how to trade stocks for the long haul like a month or an entire year because we will only be together eye ball to eye ball for a few days. But the ideas that works down on a 144 tick and the price action is the same for long term trading as it is for intra-day trading. The amount of risk involved might be great in the stocks, have you ever owned a stock and something happened just before earnings and it got cut in half.........

I owned the Finished Line, at one time, going into earnings, I had done my research and it was solid (watched my kids spend $350.00 one night), great layout, easy flow thru the store, informed salespeople and so on.......So the day before earnings were to come out I was going to sell the stock and take everyone to Outback for dessert.
Meanwhile, Nike came out and reduced their earnings, said they were closing plants, huge inventory of those 200 buck sneakers and talk about an ugly report......OF course, Nike got it's stock cut in half the next morning....and you guessed it, that was the day I was going to sell my Finished Line....and you guessed it again since 85% of Finished Line product was from WHO???????? We ate dinner at Taco Bell and split a taco.........

SO we will work on these problem areas during the workshop for sure....do I have all the answers, I don't think so. Can I give you comfort from having you tell me your war story.........I guess as long as it doesn't involve a hug or something.......