Larry Williams arrested in Sydney for tax evasion

Quote from steve46:

Larry was scheduled to be executed by firing squad in Sydney at 12:01am Wednesday morning.

Apparently the firing squad consisted of 8 nearsighted aborigines who had not fired a rifle in more than a decade. Two accidentally shot themselves trying to load their guns, several gave up after 34 unsuccessful volleys. At approximately 2:12am, one of the remaining aborigines dropped his rifle and it discharged, the bullet striking Larry in the head, killing him instantly. Mr. Williams had been leafing through an issue of "Juggs" magazine at the time of his death.

Steve
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Nice one steve! :D
 
Quote from Remiraz:


Btw have anyone seen Larry Williams trade live? He always claim to trade $1mil live. What mimick does he employ to get away from losing money during the live sessions?
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He could do one of two things -

1) Have a worker in the audience doing the oposite, he buys 5 the other guys sells 5. Money lost would be just on the bid offer.

2) Personally I think it's not that hard to break even in the market (if you know what you're doing). I'm sure many on this board have been trading for years without actually making much, but not losing much either. You get some big wins here and there but the losses mount up and take this profit all away overtime.

Williams most probably knows this so it's very possible that if he's done say 50 live trading sessions he breaks even. On the profitable ones he says 'see everyone I told you this stuff was powerful' and then no doubt tries to sell them the 'Masterclass To Powerfull Profit Course' or some bullshit name like that.

But when it doesn't work he can say 'well, I told you that it's very hard to make money everyday but look how we used stops and my losses were limited. So if you have 3 profitable days and 2 losing ones a week you'll still come out well ahead' etc etc.
 
Why does it mean he sells BS courses? Because alot of other people do or because he got arrested?

*edit*

I don't think you could sell that many courses/books for that many years if it was pure BS or, even mostly BS for that matter. The guy traded, and or taught successfully for 40 + years.
 
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