Quote from puretruth:
This was on LW's website om march 2006 :
"Larry Williams has taught thousands to correctly trade the markets, WON MANY TRADING CHAMPIONSHIPS, and has been the only futures trader in the world to repeatedly trade $1 million of his own money live at seminars around the globe."
http://www.elitetrader.com/vb/showthread.php?s=&threadid=65159&perpage=6&pagenumber=27
Mr. Williams ,
What other trading contests did you win ?
Puretruth, I hope these are only rhetorical questions because Larry's response will be limited to challenging you to a contest. And why not? It will satisfy his target audience.Quote from puretruth:
Also from his website on march 2006 :
"He is the most highly regarded and well known short term trader in the world. No other trader is as accomplished as Larry Williams."
LW seems to be a very modest trader, a quality of a good trader ?
How does that match with the following ?
NFA fines Larry Williams for not reporting to potential clients that, while his personal account in a promotional 1987 contest was very profitable ( a gain of + $902,599 ), his managed accounts for clients lost substantial funds ( - $6,122,281 ). This constituted DECEPTIVE and unbalanced promotional material and disclosure statements.
The 1988 fund lost more than 50% of its clientsâ equity in barely one year, as reported in the October 1989 issue of Futures magazine
In March 1989 the World Cup Championship Fund is started, managed by Larry Williams, Jake Bernstein and two others.
The 1989 fund also lost more than half of its original equity by May 1990.
Mr. Williams,
You have 45 years trading experience, where is your 45 year long TRACK RECORD ?
1965 ? %
1966 ? %
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2008 ? %
Not surprisingly, your analogy is off the mark. Smoking pot need not necessarily be an affront to one's integrity. It need not be a question of honesty.Quote from Pekelo:
I apologize for slightly editing your quote...
...but I am making a point here...
On the other hand (alleged) tax evasion is hardly a private and personal matter. If you equate the one with the other, and you are comfortable with someone whose integrity was clearly in question when it came to honesty and doing the right thing, then who am I to question your choice of heroes? Worship away.Quote from TheBestGuruEver:
...The Virgin Islands resident is alleged to have 'wilfully and affirmatively'' attempted to evade paying taxes on royalties from his 10 books and earnings from the international speaking circuit...
LOL, I didn't see that you had crawled out of the corner with your tail between your legs.Quote from Thunderdog:
Really? And you're content with Williams's non-responses and sidesteps? I'm guessing that Benoit would be a tad miffed if he knew that a zombie assumed his name.
