Larry Williams Million Dollar Challenge

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Quote from larrywms:

i am a trader--i have ups and downs-- never sai otherwise---been doing this since 1962.


i've learned a little.

willing to demonstrate same. The dog remains silent.

A loud statement

lw
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Actually, it is you who remains silent on all of the allegations that have been brought forth. Your high-gloss, no-content responses may work for some people here like Mandelbrotset, who always seems to be just one psychotic episode away from spontaneous combustion. But thinking people know better. Fortunately for you, this group is not the one that pays your bills.

You are just empty bluster. You know it. I know it. I just want you to know that I know it. Unlike you, I have never made any performance claims, therefore, my performance is not at issue. Your repeated and continued attempts to obfuscate speak louder than you know, except to those people whose noses you have already browned with your insights. Seeing as how people of Mandy's ilk are among your followers, perhaps I should wish you much continued success in your vending endeavors.
 
Quote from Thunderdog:

... I have never made any performance claims, therefore, my performance is not at issue.
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No, you just criticize everyone else's, on Board and off it. :D

LOL, maybe if you weren't such a LOSER, you might actually be able to make some performance claims. :p

Then someone might have some respect for you on this Board, but as it is, you're just a troll, who I seriously doubt can even trade. :eek:

Quick, lets have all of your non-trading friends come up and support you, LMAO.
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That's it for now little thundy-troll, it's a nice weekend day and I don't want to waste anymore of it with a hypocrite like you, who is never going to prove himself, while constantly demanding that others do so.
 
He guy is just a cumudgeon and rabble rouser. Attacks the succesful. Try to justify why it's not him. Typical. Pay him no mind. Angry man. Nothing new here kids. Run along
 
Quote from MandelbrotSet:

No, you just criticize everyone else's, on Board and off it...
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Actually, no. Only those whose claims are suspect. Perhaps the NFA is not a worthy arbiter for you, but it serves my purposes sufficiently well. And if you don't grasp the full import of of the NFA's findings, especially as it related to pointing out how LW was performing well while his managed accounts were simultaneously losing money hand over fist, and how it was important that an investor should know this, then there is little left for me to say. The specific wording was as follows:

Findings and Conclusion:

”There is no question that Mr. Williams's personal trading accounts had a material effect upon his composite trading performance. The record reflects that for the first quarter of 1987, Mr. Williams's composite performance showed a loss of $6,122,281, while at the same time Mr. Williams's personal accounts experienced a gain of $902,599. The Panel finds that the fact Mr. Williams was making significant gains while managed customer accounts were suffering considerable losses would be a material fact which a potential customer would need to know in order to make a fully reasoned decision.”

If you can't connect those dots, then perhaps now would be an auspicious time for you to sign up for one of LW's seminars.
 
Check Amy puretick thread. They are doing the same thing. Losing big in managed accounts but making money in simulated account. All documented. Illegal??? Not according to puretick/profitnavigation. What gives?
 
This now becomes funnier, post by post... Thunderbluster, err ah Thuderdog, big claim in life is he has no claim!

And that i am just all bluster and hot air..no proof...that despite 10 books,(In all major languages) 20 years or so of newsletters, trading contests, hundreds of hours of free lesson on my website.

And about a dozen unique indicators, WillGo, ProGo, COT indictors, Open Interst Indicators, several on how to measure Accumlation/Disgtribution...The first book ever on Seasonal Influences in Commofity Prices, First one ever on COT data (and the first to write about and show how to use it back in 1972)



I have offered to send him my trading results, asked him to send me material from 22 years ago so i can respond...he has yet to contact me.

He is so upset that i sold stuff; gracious this guy is a socialist or free loader I guess.

There is nothing I can say or do that will make the 'Dawg' change his point of view...our mine of him.

But wait...maybe there is;

Let's get positive here---not negative.

Thunderdog; you post one good and original trading idea-concept- and i will then do the same.

Can't be some copycat thing..and I will post the exact stuff that gave buy signal in Soy Meal last week.

until Tdog responds--positvely with something of value--I'm certain we all see what he is about, and i will remail silent.

larry Williams
 
Quote from Zentrickster:

Check Amy puretick thread. They are doing the same thing. Losing big in managed accounts but making money in simulated account...
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Sorry, even that observation misses the point. At around the time of the NFA findings, it may interest you to know that trade time stamps were a troublesome issue. If you are interested in some background reading, you may find Brokers, Bagmen, and Moles: Fraud and Corruption in the Chicago Futures Markets to be an interesting book:

http://www.amazon.com/Brokers-Bagme...=sr_1_1?ie=UTF8&s=books&qid=1251654254&sr=8-1

As it happens, a few years ago, I spoke with an enforcement attorney at the NFA. In those days, there have been a number of suspected cases of broker/trader collusion where a trader would post initially favorable trades to his own account while assigning immediately unfavorable trades to his managed client accounts. There were a number of instances of traders doing very well while clients accounts were simultaneously suffering. The problem was proving collusion between broker and trader because they would be able to cover each other's tracks, particularly with the loose regulatory environment as it related to time stamps. For practical purposes, the best you could do was see if it walked like a duck and quacked like a duck, and then draw your own conclusions.

Now I am not for one minute suggesting that LW would have engaged in such outrageous conduct. However, I find it instructive that the NFA saw fit to make the association of his personal account performance with that of his managed client accounts. One can only wonder why the NFA would have chosen to do so, and draw his or her own conclusions. And, of course, there was the small matter of both the broker and LW being charged together with marketing infractions or some such. I'm sure they meant well.
 
Quote from larrywms:

This now becomes funnier, post by post... Thunderbluster, err ah Thuderdog, big claim in life is he has no claim!

And that i am just all bluster and hot air..no proof...that despite 10 books,(In all major languages) 20 years or so of newsletters, trading contests, hundreds of hours of free lesson on my website.

And about a dozen unique indicators, WillGo, ProGo, COT indictors, Open Interst Indicators, several on how to measure Accumlation/Disgtribution...The first book ever on Seasonal Influences in Commofity Prices, First one ever on COT data (and the first to write about and show how to use it back in 1972)



I have offered to send him my trading results, asked him to send me material from 22 years ago so i can respond...he has yet to contact me.

He is so upset that i sold stuff; gracious this guy is a socialist or free loader I guess.

There is nothing I can say or do that will make the 'Dawg' change his point of view...our mine of him.

But wait...maybe there is;

Let's get positive here---not negative.

Thunderdog; you post one good and original trading idea-concept- and i will then do the same.

Can't be some copycat thing..and I will post the exact stuff that gave buy signal in Soy Meal last week.

until Tdog responds--positvely with something of value--I'm certain we all see what he is about, and i will remail silent.

larry Williams
More...

Are you sure that is you, LW? I put TDog on ignore many months ago. it is like arguing with a plant.

After decades of cultivating a major reputation, this is just beyond comprehension. Some come here to spam or build a reputation. You are coming here to demolish your rep by sinking to the least common denominator.

If you just want trading camaraderie, then just post and exchange. Joe Ross, Marty Ruggiero and a couple other known trading personalities do so.

Don't get into a quarreling match with trading midgets. Learn to use the ignore button and put Tdog and others on ignore.
 
Quote from larrywms:

...Thunderdog; you post one good and original trading idea-concept- and i will then do the same...
More...
You're kidding, right? By your "key to the kingdom" standards, my trading is quite modest. Even so, I have not spent years arriving at what works for me to share it with a crowd. Only a fool or a vendor would do so. And I gather that even the best vendors tend to sell their produce when it's a tad overripe. Of course, there are those who sell weeds...but that wouldn't be you, would it.

Similarly, I have no interest in making calls. There is nothing in it for me. Nothing. The acceptance of someone like Mandelbrotset? I can live without that. The idea of dropping my drawers simply because someone says so has very little appeal to me. Further, I have no interest in holding sway in an argument because of a trade log. If my argument cannot stand on its own merits, then it does not deserve to stand irrespective of my performance.

However, you are the guru. You are the vendor. Your sales literature always, always, always refers to your contest performance over 20 years ago, and that you are one of the world's best traders. Who am I to compete with an icon? All I ask is that YOU live up to YOUR OWN hype. Nothing more. Nothing less. And yet, you continue to evade and obfuscate.
 
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