Larry Williams Million Dollar Challenge

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Quote from puretruth:

Doing business since 1997 and not 1 complaint since then.
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I've been watching Striker since 2005. There is significant survivorship bias in their posted results.

This year's hot hand will not even be on the list in a few years. That's been the pattern.
 
Quote from Kevin Schmit:

I've been watching Striker since 2005. There is significant survivorship bias in their posted results.

This year's hot hand will not even be on the list in a few years. That's been the pattern.
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The noob just doesn't get it.
 
I will be buying dec wheat...will not give my specific entry as...

if you are dumb enough to be on this list....perhaps you are dumb enough to take a trade I post here (in honor of the TDawg) ;-)

nonetheless...somewhere in the 497-504 zone i go long.Buyer beware..lots of my trades do not work out. But I have a stop in the 476 area.

I will buy at least 20 (no, not eminis i don't trade them), hoping to pick up another 10 on a pullback after entry

best wishes to all--even TDawg, AKA DAVE BURTON.

Do not expect miracles but be grateful if the find you
 
Quote from vikana:

As outlined yesterday, Larry Williams provided me with complete records of several trading periods spanning late 2008 through Aug 31, 2009. His only request was “all i ask is to be reported fairly”, which I hope I’m doing.





In my opinion this settles the Larry Williams “dispute”: he clearly trades size,
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Several trading periods, not all ? he is cherry picking again ? LOL

www.jurikres.com/snake/lawsuits.htm

"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."


Do you begin to see the cherry picking pattern ?

This doen't settle anything, if you see him tell him to put his trading statements spanning all his trading carreer on his website just like he did (If I remember correctly) for his 1987 contest.

And ask him to put his website in his completely empty profile.
Maybe he feels safer in a legal sense with just his "larrywms" username
 
regardless of what email address Dave uses, puretruth or Thunderdog...he is correct...a fund that i was co-manager of had a 50% drawdown.

Gee has that ever happened before? T Boone Pickens had a 98% drawdown last year. LTC a 100% dip in equity. Does that make them or me a bad evil person? Or not a good trader? Richard Dennis lost about 500,000,000 as I recall when he started his fund about the same time---1987---as i had my dip. John Henry went thru a 50% and multi year equity drop.

That's this business.

At that same time many of my clients also walked away ahead of the game. some did not. My own personal account went from 2,100,000 to 1,100,000 during the equity dip time period.

Where are your books and records you attack dawgs...you sit on the sidelines and attack and have never done one positive thing---volountered any trading advice---just maligned me.

then when confronted with facts 1) don't accept them and 2) revert back to trading performance 22 years ago.

all while you are not even man enough to use your real name and hide behind aliases.

then i give a trade and you say its not specific.

i wish you well

lw
 
Quote from picksee02:

To "Thunderdog" and "puretruth"

"IT IS NOT THE CRITIC WHO COUNTS; not the man who points out how the strong man stumbled, or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena...."

-Theodore R. Roosevelt
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A reread for those who missed it the first time. Larry, thanks for sharing your trades from inside the arena. :D
 
Quote from larrywms:

regardless of what email address Dave uses, puretruth or Thunderdog...he is correct...a fund that i was co-manager of had a 50% drawdown.

Gee has that ever happened before? T Boone Pickens had a 98% drawdown last year. LTC a 100% dip in equity. Does that make them or me a bad evil person? Or not a good trader? Richard Dennis lost about 500,000,000 as I recall when he started his fund about the same time---1987---as i had my dip. John Henry went thru a 50% and multi year equity drop.

That's this business.

At that same time many of my clients also walked away ahead of the game. some did not. My own personal account went from 2,100,000 to 1,100,000 during the equity dip time period.

Where are your books and records you attack dawgs...you sit on the sidelines and attack and have never done one positive thing---volountered any trading advice---just maligned me.

then when confronted with facts 1) don't accept them and 2) revert back to trading performance 22 years ago.

all while you are not even man enough to use your real name and hide behind aliases.

then i give a trade and you say its not specific.

i wish you well

lw
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Good answer. Now let's get to trading guys and wish LW well.
 
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