Larry Williams trading style

I'm not a big Williams fan either...buuuuutttt, I can't ignore the
facts either. His 11,376% will probably never be matched in our
lifetime, and his daughters 1997 win of 1000% puts her at 3rd.

Why did she do so well? Does daddy know something? Hmmmm...

2001: David Cash 53%
2000: Kurt Sakaeda 595%
1999: Chuck Hughes 315%
1998: Jason Park 99%
1997: Michelle Williams 1,000%
1996: Reinhart Rentsch 95%
1995: Dennis Minogue 219%
1994: Frank Suler 85%
1993: Richard Hedreen 173%
1992: Mike Lundgren 212%
1991: Thomas Kobara 200%
1990: Mike Lundgren 244%
1989: Mike Lundgren 176%
1988: David Kline 148%
1987: Larry Williams 11,376%
1986: Henry Thayer 231%
1985: Ralph Casazzone 1,283%
1984: Ralph Casazzone 264%
 
LW, like so many others, have contributed a handful of really useful ideas. Despite all the MoneyTree, seminars etc. that continues to arrive in my mailbox I still feel that LW has given me more than enough to think about to be taken seriously whenever he speaks.

The one time where I had the opportunity to listen to him at a conference I found him insightful, bright and generally interested in sharing what he knew. Whether his knowledge is of value to anyone else is what trading is all about.
 
Quote from Breakout:

I'm not a big Williams fan either...buuuuutttt, I can't ignore the
facts either. His 11,376% will probably never be matched in our
lifetime, and his daughters 1997 win of 1000% puts her at 3rd.

Why did she do so well? Does daddy know something? Hmmmm...

2001: David Cash 53%
2000: Kurt Sakaeda 595%
1999: Chuck Hughes 315%
1998: Jason Park 99%
1997: Michelle Williams 1,000%
1996: Reinhart Rentsch 95%
1995: Dennis Minogue 219%
1994: Frank Suler 85%
1993: Richard Hedreen 173%
1992: Mike Lundgren 212%
1991: Thomas Kobara 200%
1990: Mike Lundgren 244%
1989: Mike Lundgren 176%
1988: David Kline 148%
1987: Larry Williams 11,376%
1986: Henry Thayer 231%
1985: Ralph Casazzone 1,283%
1984: Ralph Casazzone 264%
More...


ee-nuf said:D


and the rest can ....put up or shut the f*k up..hehehe


but they won't cause they have no balls:D
 
Quote from candletrader:

I gotta agree with everything Robert (rtharp) has said about Willie... he's somewhat of a glorified snake oiler, in the same genre as Wade Cook...
More...

Me thinks that Wade Cook would feel offended by this comparison...:D
 
I should mention that a trading competition, even if using real $, does not test the same abilities as, say running a hedge fund or trading your personal account. You take much larger risks because the goal is to have the most amount of $ in a set period of time.

I have gotten some ideas for Larry Williams from one of his books, so as an author of a relatively inexpensive book I think he's a-okay. As far as seminars or any trading systems he advertises I have no opinion but would be hesitant.

I don't agree with many of the steps in the trading system building process that Larry goes through. This includes his methods of optimization, his small sample size, and his sometimes blind faith in certain indicator/price relationships without a satisfactory empirical explanation.

But there's a big difference between a $20 book and thousands for a seminar, so your mileage my vary.
 
:D Hey tharp ,
It seems you know this marketing stuff pretty good?
It says you have over 1500 posts .your profile has a website .
How much do you get paid for advertising ?You have been a member for 2 yrs ,which appears to be about 14 posts a week?

Not a bad idea to come to a forum and plug your website !!
I really get a kick out reading this stuff ,it's kinda of like the a
Super Market tabloid for people who dream of trading for a living .
Obiviously you do not know anything about trading .
I warn all people to beware people who have mega-posts
and are not a moderator !!!
Have a Nice Day !!
 
Quote from rtharp:

I don't do direct mailers to 1000's per day taking newbies money away. I personally like being able to look myself in the mirror and not feeling guilt but being proud of what I've done.

I don't do a $5000 marketing seminar once per year where I promise I'll give the traders a % of the winnings (Which when you look at past results is just a % of what he made from the seminar) Than bet huge amounts of money on a few signals in a day.


but I living life completely guilt free. Doubt Larry could say that.



The best example is his students.

Find me a few of his students who have incredible long term track records.

When I find some of those, than I 'll change my mind.
More...

Why did you wrote your new book?
 
When Larry introduced volatility breakout in the early 80's it was definitely stuff that worked big time. I don't believe anyone has ever revealed any approach to the markets since that time that has enabled traders to make money like vb did.

I optimized Trend Catcher on an Apple II2e and made a lot of money until things changed shortly after the 87 crash.
 
You must log in or register to reply here.
Back
Top