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Trading Woodies CCI System by Jeff jeffandcci@yahoo.com Copyright © 2004 Jeff Gannon
Woodies
CCI Club The Mindset If you want to learn
Woodies CCI then follow these guidelines exactly. It is a complete system. Do not follow any
other document or method until you no longer need this document. Let this document
guide your state of mind while you are learning Woodies CCI. This document tells
you precisely what to do and what not to do. You must paper trade
Woodies CCI for as long as it takes for you to become consistent in all aspects
of trading and have a net outcome with positive gains before using real money. Do not trade real
money until you are consistent with these guidelines and profitable on your
paper trades. Do not assume that
the majority of the people in the room trade just as Woodie does. In fact,
it’s better for you to assume that they do not. When asking for help remember
to ask them if the information they are giving is exactly how Woodie would trade
it. “What Would Woodie Do…” Forget all the
talk about your mind working against you and all of your points of failure, etc.
If that talk hasn’t helped you before it’s surely not going to help you now.
So forget about it! Do not focus on
what you can and can’t do any longer. Just follow the guidelines. This system
isn’t about you making any trading decisions for yourself. They are already
made for you. Woodie CCI Trading system defines everything you need to be
successful trader. Just follow the guidelines.
Woodies
CCI system was designed so that it takes into account all parts of the difficult
areas of trading. This includes when to enter a trade, when to exit a trade,
trade management, when to take profits, how to protect profits, when to cut
losers short and let your winners run, how not to overtrade, how not to use
emotions or your own judgment on trade decisions, etc. No other
trading system in the world does all of this for you automatically. There is
nothing else at all to think about or learn when trading with these guidelines.
Just follow the guidelines. All of these things mentioned are inherent in
Woodies CCI system. You do not need to know anything else. It is complete,
consistent and clear. You are going to love Woodies CCI system. It will
definitely be a refreshing change for you to see a trading system like this one.
I guarantee it! No matter what
you hear, read or see anywhere do not change or add anything at all to Woodies
CCI system. Woodie will make changes as needed. He’s the expert. This system
works perfectly just as Woodie has defined it. Woodie has done many
years of research, testing, and live trading on his CCI system. It works very
well. Just follow it. Forget everything
else you have learned. Consider it useless for now. Forget everything
else you have read. Consider it useless for now. Forget everything
else you have been told. Consider it useless for now. Only follow Woodies
CCI guidelines. I can’t stress this enough but will keep trying throughout the
rest of the document to guide your thinking this way. Do not watch the
chat room text during the day. The text only serves to confuse you and will keep
you from focusing on your guidelines. There is so much extraneous text scrolling
past during trading that it is close to impossible for you to gain any useful
information when new. While you are
learning Woodies CCI system and still in need of this document do not listen or
follow along with the moderators in the room while you are trading. Also, do not
have the chat room or any chat room open while trading. Many do not follow
Woodies CCI system directly. Do not assume that they do. Follow your own rules
and trade by yourself. Only listen to the headphone or speakers when Woodie is
moderating. Woodie does of course always follow his own system even though he is
not new at it. What does this tell you? You are trying to
learn Woodies CCI system so you should always follow him. Make sure to turn the
speakers on, but don’t watch the text chat scroll by, when Woodie is
moderating. You need to focus on trading according to these guidelines. There is
no need whatsoever to follow other people, their methods or even their trades.
It will not help you. It will hurt your trading progress. Do nothing else at
all during your trading hours except watch your charts and enter your orders
into a simulation tool that uses live data. No chat rooms. No side rooms. No TV.
No phones. No family. No excuses. You must focus on trading the system the
entire time. Do not do anything else. Always take breaks during trading by
removing yourself from the entire room you are trading in. You cannot focus all
day long. Each time you come back to trade for a few more hours you will be
relaxed, focused and ready. Make sure your trade
entry tool tells you when and what price you entered and exited each trade. You
will want to review these later. After the market is over go review your trades
and mark your charts with the entries and exits with reasons why you took the
trade. Also go into the room and ask people any questions that you have. This is
how you and others learn quickly. Do not however assume that they are telling
you how Woodie would trade. Specifically ask them how Woodie would have taken
the trade or how he would answer the question. Too many people don’t
understand that everything shown in the room or typed in text is not necessarily
Woodies CCI system. You are only concerned with Woodies CCI system. Focus on becoming a
Woodies CCI system expert. This is your goal. You can do this just as many
others have as well. You need to have a single-minded purpose-ness mindset while
learning Woodies CCI system. In fact, you need this whenever you want to master
anything. Always get involved
in the room after the market closes. There are lots of great traders and they
will help you with many subjects. Woodies motto is Traders Helping Traders and
this room has many wonderful people in it all willing to help 24 hours a day.
Make sure to compare how you are learning to trade and how others trade. It will
help reinforce these guidelines and you will learn them faster. Always practice
trading the CCI Simulation charts that are running live in the room after the
market closes and during the weekends. These will give you additional screen
time and practice that will be invaluable to you as you are learning. When asking people
questions be sure to always ask, “What would Woodie do?” and “Is that the
way Woodie does it?” Don’t worry about other people not trading the way you
are learning to trade. Focus on one style until you are an expert at it. Do not add things to
the system for any reason. Just follow these guidelines to Woodies CCI. Do not think. Do not
justify bad decisions. Do not talk negative about yourself to others. Do follow the rules
precisely. Do talk positive about yourself when you follow the rules. With Woodies CCI
system you can expect losses. You should also expect larger gains. Follow the
rules and this happens automatically. As you paper trade the system you will see
this become true as you begin to master the system. Be bored. Be very
bored. This means you are following the rules and not using emotions to take
trades. How to master
Woodies CCI system:
You should notice
that all you need to know now are 3 things:
Yes it really is
this simple! The reason you are probably thinking that it can’t be this easy
is because all other systems make it hard, unclear or just flat out don’t work
and you get frustrated. We understand. We were there. Only you can make this
system hard. So choose not to. This system is
not about you and how you want to trade. It is about you following the rules.
The system works perfectly time and time again. Just follow these guidelines to
Woodies CCI and you will make tremendous progress in your trading. Do not make
trading Woodies CCI system hard just because you are used to making trading
hard. There is no reason it should be. If
you choose to make it complex then you will be defeating the goal of trading and
not taking advantage of the simplicity of Woodies CCI system. Trading absolutely
must be simple.
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miracles,
they are everywhere.............. 