Elite Professional Trading Seminar

[trainr]

Quote from marketsurfer:

larry williams is an excellent trader. don't talk about what you know nothing about.

I agree with you about Larry.

But didn't you criticize someone recently that you had not investigated yourself? You said he would have to be the best trader in the world.

 

[Grob109]

Quote from jmiles301:

Just wondering if anyone out there has been to or heard about any great trading seminars around the country. There are quite a few available out there, and I have done some shopping around, but I thought that I would see if anyone has any particular comments/insights/recommendations before I made a final decision. I am really looking for a top of the line serious trading seminar that focuses on trading for a living with an emphasis on innovative platforms and/or upcoming trading strategies/plans. I want to avoid the gimmick shows at all costs.

Thanks for your time.

jm

I have not attended any professional trading seminars. Occasionally, I have gone to those that are introducing new stuff. I have gone to a few seminars, periodically given by one person. The series was the same seminar with refinements and the contemporary market context and it was given by one of William J. O' Neil's protoeges to an amateur audience. The other aspect of these seminars was that the presenter ran a boutique brokerage for aggressive traders and/or busy executives that gave trading authority to the presenter and his staff. In other words it was a high level seminar for knowledgable people who made or expected their accounts to make a lot of money per year (60% ROI was understood to be the starting performance level).

Were I you I would try to locate such a possibilty. Word of mouth is the common way since these events are not advertised. One of the benefits is that you will be able to network with people of like mind and skills.

 

[LivermoresGhost]

Quote from Thunderdog:


I have only read about him, and found all credible sources to be decidedly less than flattering. Further, I have perused some of his books in a bookstore from time to time, and found his material to be tired and uninspired, and his writing style to be downright condescending and patronizing. My personal, and admittedly biased, conclusion is that he will write anything that will sell books. And he seems to write a lot. That is what hucksters in this business do.

Count me as a Larry Williams supporter as well -- he has some good ideas.

You seem to relish your role as being holier than others.

 

[Thunderdog]

Quote from trainr:

But didn't you criticize someone recently that you had not investigated yourself? You said he would have to be the best trader in the world.

My guess is that he hobnobs with one, but not with the other. I suspect that only those he considers to be "outsiders" (people he hasn't actually met personally) are subject to due scrutiny. Further, I have another nagging suspicion. We all know surfer is a marketer, whether you look at his web site, his "fund," his t-shirts or his endless "limited" copies of the PTJ video available for sale. And we all know that Williams is a mass marketer. I can't help but think that someone is trying to get on someone else's good side for some kind of personal gain down the road when the opportunity presents itself. Joint venture, anyone?

 

[marketsurfer]

Quote from Thunderdog:

As expected, you did not answer the single, solitary question that I asked you to respond to at the beginning of my last post.

P.S. I cannot believe your audacity! You defend Williams by characterizing Gallacher's book as "hype?" Talk about the pot calling the kettle black! You, sir, are shameless. And evidently, you are in good company.

no, i directed you to the source to find your answer. i see you prefer to depend on hearsay and innuendo.

surfer

 

[Thunderdog]

Quote from LivermoresGhost:

Count me as a Larry Williams supporter as well -- he has some good ideas.

You seem to relish your role as being holier than others.

Holier? No. Perhaps a bit more discerning at times.

 

[trainr]

Quote from Thunderdog:

"...This book is at its most interesting in uncovering the fallacy behind some highly esteemed mythical legends. Elliott, Gann and Fibonacci, when it comes down to it, have no real substance behind their methods, and Gallacher does a good job of exposing that fact. He also shines some sunlight on the seemingly ubiquitous Larry Williams, painting him as a clear and complete fraud. While not touching the subject of Williams' legitimacy, I have always wondered who would believe in the trading abilities of a guy who sends out mass mailings once a month telling people how they can make ten grand a month in 30 minutes a day. In otherwords, I see Williams as dangerous only to the people mentally slow enough to believe his "share the wealth" claims, and thus not really worthy of book treatment."

I've attended 2 Larry Williams seminars. Have you done any independent research on him?

In both seminars he traded live, announcing all of his trades in advance, which were mostly -- by a very wide margin -- winners. In the last one, he sent me a check as a percentage of his winning profits from the seminar trading.

Gallacher is an idiot. Williams is a class act, definitely.

He won the Robbins championship with the biggest win ever. His daughter won again 10 years later using his methods.

It is very interesting and telling that Mr. Williams has not sought legal remedy for being accused of fraud by Mr. Gallacher in his book. Then again, perhaps he has. I certainly don't know. What I do know, however, is that Mr. Gallacher's book continues to be sold and continues to point an accusing finger at Mr. Williams. What does that tell you?

Larry has a law degree so legal action is something with which he is familiar, but being as classy as he is, I don't think he deigns to answer his idiotic critics who know nothing about him. He's also a bit weary from the attacks. I don't think he cares who attacks him anymore.

I've been to his home in the same gated community as Ray Kroc's widow, and met his family. Meaning, I know a little bit more than the average guy about him.

Which is irrelevant, I guess, since you know nothing about him.

 

[marketsurfer]

Quote from trainr:

I agree with you about Larry.

But didn't you criticize someone recently that you had not investigated yourself? You said he would have to be the best trader in the world.

yes, i understand your point. unfortunately, it is misapplied to this issue. the person you are refering to makes outrageous unsubtaniated claims--- larry williams, on the other hand, admits his losses, performance is substaniated, and he risks his own money in his seminars, splitting the winnings with the attendees.

i dont believe investigation is needed, knowing the market and the fact that no one can make the types of consistent returns claimed by the person you refer to, is enough to cast doubt in my mind.

best wishes,

surfer

 

[Thunderdog]

Quote from marketsurfer:

no, i directed you to the source to find your answer. i see you prefer to depend on hearsay and innuendo.

surfer

Please don't play dumb with me, surfer. The question I specifically asked you to answer had nothing to do with innuendo. It had to do with the book you hyperlinked. Read it again at the bottom pf page 3 of this thread:

Quote from Thunderdog:

Please tell me you're joking. When was the last time you made money per Williams's methods using the COT report? Be sure to answer that question in your reply.

 

[trainr]

Quote from marketsurfer:

yes, i understand your point. unfortunately, it is misapplied to this issue. the person you are refering to makes outrageous unsubtaniated claims--- larry williams, on the other hand, admits his losses, performance is substaniated, and he risks his own money in his seminars, splitting the winnings with the attendees.

best wishes,

surfer

No difference, except the lack of profit split. And, you've never done independent investigation.