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Monday, February 28, 2005




There's a new moderator in town named Cathy. She lives on a boat, and when she's on, my speakers sound like I'm in an aquarium. There are all differently murmuring sounds in her background. Boat motors or rotors. She said it was the air conditioner today. I think it was last week, her husband could be heard snoring. It's actually pretty entertaining stuff. Cathy completed the Woodie "Be a moderator in 90 days" online correspondent course. She's been doing the CCI since December, and look at her now!

Aside from the tranquil aquarium murmuring aura, her voice sounds very familiar. It's like Hazel. Remember Hazel? Cathy sounds like Shirley Booth in a fish tank. To make a less familiar reference, she also sounds like a New York City sports radio icon: Doris from Rego Park. It was a sad day in the Big Apple when Doris passed away, but with Cathy, it's like Doris is back from the grave and on the airwaves, in a fish tank. You'd think that would be quite the unappealing sound, but it's far from it. She's been a forthright, straight talking, no BSing mamajama. I've learned no CCI from her, but who cares.

I had my best winning percentage day ever (for this amount of trades) today, going 9-1-0 for +48 YM ticks. This is quite a shock, since I haven't gotten those kind of results even when replaying the same day's chart for the 5th time in a row. I even missed the entire 80 point decline in the late morning. How did I do it? Gotta admit it was price action. Just looking at the slope (color) of the 34 for trend, and looking at the 9 ema/30 wma for crossovers. Added one more thing, a nearly forgotten relic from WCCI past: the godly erGODic. That was a difference maker, my friends. How it works beyond today, god only knows.

I'm learning more and more that it's not about whether the CCI actually works or not. Clearly it works for some and doesn't for many more. It's a specific indicator set-up and used by Woodie in a specific way. It's just going to click for some folks, just as moving averages crossovers speak to others and macd/stoch divergences speak to others and fib clusters or ewaves speak to others or mars in retrograde speaks to others, etc. I think for most of us, there is no specific one thing that is the end-all and be-all. Nor is there a perfectly packaged system for us. That's why we have to learn different things, suffer, move on, learn something else, suffer, move on, backtrack and re-learn an old thing from 16 months ago, suffer again, yada yada yada, until we fiddle enough to take this from there and that from here and put it together into our "own hodge-podge system" using this thing as my main indicator, and other stuff as filters.

Anyway, I'm not talking "big" after a good day (for me). I'm talking small. I just want to reiterate I'm still lost in the middle of something, looking for something, possibly making headway into something. Things are blurry. A few details come into focus now and then. Something may have come into focus for me today. That's exciting. It makes me want to look at more charts and do some replays and get ready for the open tomorrow. So that's a good thing. That's all.

5 Comments:

At 4:24 PM, Anonymous Anonymous said...

Fearless,

Congratulations on a very successful day trading WCCI. I've been following your blog and others after coming across the Big Cheese Chat. I've started trading WCCI in August, 04. I cannot say that I have mastered the system, but I am trying my best. I guess you go under a different nick in the room, I tried to look for you there. Good Trading!

 
At 7:56 AM, Blogger Fearless said...

Thanks, T. Today has started off a bit rocky. Forgot about the 10am #s coming out. ER is dancing a lot more than the YM. Gonna switch over to that for the rest of the day. I'm in chat listening to the return of cotton pickin' Clint. As Cheese showed, that's not the place to advertise yourself as a blogger. Not of this type of blog anyway.

 
At 12:15 PM, Anonymous Anonymous said...

hey great day you had! congrats and keep it up!

 
At 4:04 AM, Anonymous Anonymous said...

One of my friends online called my attention to your blog and the comment about me.....I am just tickled pink and really had a great laugh. I promice next week to teach you some things about CCI and Bob won't be snoring in the background.....rofl!
Cathy

 
At 8:36 AM, Anonymous Anonymous said...

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I have a Free site Free Article Search. It pretty much covers business article related stuff.

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