 |
|
 |
 |
|
|
Trading Woodies CCI System by Jeff jeffandcci@yahoo.com Copyright © 2004 Jeff Gannon
Woodies
CCI Club The System
You do not need to
think, add things, or make things up while trading Woodies CCI. Woodies CCI
system is a complete set of guidelines for you to follow. There is nothing to
add to it. It’s complete, precise and well proven in real-time over many
years. Most traders
question every single reason why things work in a trading system. I think that
is good. You should understand why and how everything you do works. However,
don’t let this get in your way of learning and adopting a trading system that
has proven to work with an expectation of positive results. Woodies CCI system
is just that type of trading system. Consider paper trading it until you see
this for yourself. Learn and understand the system as you progress. Don’t
question it all at once. Follow the guidelines without question while doing so.
You will learn the how and why it works as you progress. Woodies CCI system
is like no other system in the world. It’s simple. It is complete. It is
precise. It is clear. It’s unambiguous. And because of that people get
confused even easier it seems. So leave your brain on the pillow before you get
out of bed to trade. You will do far better without it. There are no
conflicting signals in Woodies CCI. Do not get confused. There is nothing for
you to guess about. The patterns, entry signals and exit signals are all clearly
and precisely defined. Just drop all of your confusion and follow the
guidelines. The CCI indicator
has some nuances that cannot all be explained in this document. This can only be
learned from screen time and practice. But all the guidelines needed are
outlined here and will go a very long way to help you trade well. Woodie has tested
his system live for many years and it is simple, complete and very profitable. Woodies CCI defines
the trade setups. It tells you when to enter the trade. It tells you when to
exit the trade. That is all you need. Woodies CCI is a
remarkable system because you do not have to think or guess or figure things
out. Just do what the guidelines tell you to do. No other system defines the
setups, the entries and the exits as clear as Woodies CCI system does for you.
Take advantage of that. Let it do the work for you. In fact, lots of
other trading systems might be profitable for you if you just had a clear and
precise set of signals in which to go by that never contradicted themselves.
These other trading systems mostly use lagging indicators and can’t provide
clear entry and exit signals. Without a clear and concise set of trading rules
you cannot and will never trade successfully. Woodies CCI provides clear and
concise patterns, signals and guidelines. Follow them and you will do well. The other problem
with other systems is that they end up adding too many indicators. You can’t
trade with so many indicators because you become paralyzed while analyzing them
all and cannot recast to a signal. Why add so many things to your charts? Maybe
it’s because you were never told not to. Well now you have been told so
don’t do it. When you have a
system that has too many indicators it is lacking clarity and you can no longer
react to the entry and exit signals. Or worse yet you enter the trade but never
exit because you can always come up with yet another signal or excuse to stay
in. Woodies CCI defines clear exits. There can be no excuse whatsoever as to why
you stayed in after the exit signal was given. That’s one of the wonderful
parts of the system. Or maybe other
systems were not profitable because you do not understand that having and
following a precise trading plan is the only way you can trade successfully. So
if you do not have a specific trading plan or are not successful and you are
here to learn Woodies CCI then just follow him and stop the bad trading habits. The CCI indicator
formula is based on the momentum of prices over a given period of time. It is a
leading indicator. It is not a lagging indicator. It outperforms most if not all
other indicators. When combined with Woodies CCI system it can outperform all
other trading systems. Woodies CCI allows
you to beat other traders into a trade by one or more bars and it tells you when
to exit so you can not end up with large losses. Woodies CCI also keeps you out
of bad trades as well as keeps you from over trading. Forget all this talk
about fear and greed or any other mindset type topics. You have heard these over
and over. If it hasn’t already helped you by now then it isn’t going to help
you to keep talking about it. Don’t waste your time with it. Focus on the
guidelines. Think about it.
Every time you talk about these things you never do come up with any guidelines
on how to stop it at the end of your talk and end up not improving your trades
anyways. It’s like you continually want to talk about some phrases you learned
in books, papers, and websites or even from people that may have never even
traded. Focus on Woodies CCI and trading the guidelines only. Woodies CCI deals
directly with greed and fear so you don’t have to. Woodies CCI system
takes away all of those difficult mental trading issues you might have in
regards to trading buy giving you a complete, precise and clear set of
guidelines. You have “learned” so much about how to think from other trading
system or books and it probably hasn’t helped you much. In fact, it has
probably even hurt you. Forget about that kind of talk for now. Consider it
useless. Just focus on trading exactly according to the guidelines. Do not
think. For example, do not
focus on trying to get your brain to understand that “Losses are a part of
trading” or “Keep losses small and let profits run” or “Do not over
trade”, etc. You have already been told about these things hundreds of times
and it is probably still not working for you. Why keep trying? Just follow
Woodies CCI and this is all taken care of for you. His system defines all the
rules needed for an entire trading system so that you do not have to think.
All you do is just react to the signals and you will be fine. Woodies CCI will
tell you when to get in, helps you keep larger profits, and tells you when to
get out with small losses. It also doesn’t allow you to over trade. Just
follow the guidelines and do not make this hard. No other trading system goes so
far into managing every aspect of trading for you. One of the incredible secrets to Woodies CCI is that it defines things into terms never used before and removes the things that just serve to confuse you. This way you cannot carry your previous hang-ups over into this trading system. For example, you have probably been taught how to trade bear flags, gaps and wedges over 50 different ways. So which one do you end up doing? A new method each time maybe? That’s the problem. And now you have learned so much about everything that you can’t follow simple rules. Forget all that. Woodies CCI defines things in new terms so that you will not get confused. While trading with Woodies CCI all you do is look for Woodies CCI Patterns. His system does not care what the price bars look like. It does not care what other indicators or other markets are doing. None of that matters. It just focuses on what your one single market is doing at the moment and gives you a trade when appropriate. This system is simple and works very well because of that. Woodies CCI lets you
break away from all of the confusion that the other web sites, chat rooms,
newsletters, trading books and articles give you. Forget all that stuff.
Consider it useless for now. Think of this as a brand new way of trading. Woodies CCI patterns
that define a trade work very well. He has been using them for many years and
adding new ones as he finds them. He has confirmed that they work in real-time
and uses them in his everyday trading. He did the hard part that took him many
years of hard research. All you have to do is spot the pattern and take the
trade. I know you probably want to make this hard. You want to add indicators, watch prices, not use hard stops, not get out of losing trades when you see the exit signal and also want to over trade your account to death because it feels like you are doing something. You want to watch lots of chat rooms all day long and listen to everything they say. You want to watch news, TV and talk on the phone. You want to make the most fancy charts and have super cool features and alerts too. Do not make this hard. This is a simple system that works very well. Follow the guidelines without thinking, adding or complicating things and this will not happen. If you do not yet
have the belief that trading should be and is this simple or you do not have
enough courage to follow the guidelines precisely and exactly as outlined here
then you might as well forget reading the rest of this document. Throw it away,
and move on. I will guarantee it will not help you if that is the case.
|
|
|
miracles,
they are everywhere.............. 
