Let other traders know if this service is worth checking or should be avoided.
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Las Vegas, USA,
Apr 20, 2012,
I have been in this room for 6 months and took stats on his Double Dip trade, which came in at Break Even at best! Besides a couple of Mods there that are helpful, most of them (such as TimP or Johnny O) are just there to push their products such as their DVD or their trade along confrence... My questions were often purposly ignored in the room or the answer to my technical question would often be: buy the DVD, or take your question to the upcoming confrence or invest in the woodie bars(which is $200 more a month). I believe there is a lot of good information that Woodie has accumulated through out the years from a few good traders and is trying to market them... But his goal is to make you spend money. Don't get fooled by the moto "Traders helping traders" !
Los Angeles, USA,
Jul 22, 2013,
Hi guys. I'm back and still have the same attitude but hope you have adjusted yours and been more responsive to users who create your content. No slacking, lol. I thought you might like an update since my initial post. Woodies CCI is no longer a winning system. Over the past few years, its performance has deteriorated to the point where a live trader would vaporize his/her account. Back when Woodies was a free system, traders were told they were fools to buy a trading system; 'If the system worked so well why did its creator need income from software sales?’ Well, now Woodies charges big bucks to lease the room and the indicators. Of course all of this is free for moderators so keep that in mind if you're thinking of moving forward. Also, keep in mind that the former broker sponsoring their chat room, PFG Best, went bankrupt when its founder embezzled client funds including money from wcci traders. Peace and happy trading.
2011-04-26 4Star Most traders fail because they lack a trading plan and discipline (to follow their trading plan). There is no magic in WCCI. The patterns are similar to the ones you will read about in any trading book but they just have different names. The visual presentation of the wcci indicator is unique plus the system includes several clear options for exits. Learn the basics, do your stats but you must make the system your own. Do the stats and you will fgure out a profitable plan. Negatives: incessant, cultish fawning over Woodie by the room moderators, bullying by a certain person who works for a sponsoring broker and calling it a "club" when it is clearly evolving into a fee-based business.
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Luke decided to wait 3 days before sending this message to us...
Folks, on Monday I took the time to complete a review of the Woodie CCI trading system and you didn't post it. My review was balanced and better than most of the c***py reviews. F*** you!
Luke, your review might be well written, but your attitude needs to be adjusted.