Larry Williams update: "Now on the run" - Daily Telegraph

Quote from austinp:

mcshey, I'd like to believe the same things about Larry & his success myself. I think I stated similar viewpoints about mechanical systems and favorable streaks in several earlier posts today.

Now, all that remains is for someone to write & run a similar system in the future. I've retired from the mechanical world myself, so will leave it for anyone else who wishes to accomplish what you state is simple enough to achieve.

His daughter did a similar run, though, she used a less aggressive money management plan. Larry used kelly, while she used larry's formula.

If a guy like UBL can run free with a 25 million bounty on his head, then perhaps sasquatch can hide out in the remote mountains of the northwest.
 
Quote from mschey:

...If there were any shenanigans....rest assured someone would have found it...
Of course. And Al Capone was only guilty of tax fraud since that is all they were able to convict him on. (Interesting coincidence. Let's see how it plays out.) Anyone who ever knew Al never once considered that he might be a mobster. Those Fed boys had it all wrong. Yeah. That's the ticket. Al's friends, acquaintances and "business associates" would have told you how innocent and pure his past was. (Just like Larry: no controversy whatsoever.) Where were the convictions against Al for racketeering and murder? "If there were any shenanigans, rest assured someone would have found it." Nicely done, mschey.
 
Quote from mschey:

They call it winning because there can only be one winner....instead of him winning it...he had his daughter win it. Following his bonds strategy, and she was 16 at the time. Since that time, no one has earned more than her or him in a given year. How many more times will him or someone in his family have to win before you give the man credit?
And how many times will my question go unanswered? For the third time in this thread, if a teenaged dilettante actress/trader can do so well in a contest, then what about Larry's serious students who have devoted their lives to trading? Where are they in the contest pecking order? Does that not seem at all off-kilter to you? Are the dots too small or perhaps too far apart?

Interestingly, just as a magician's illusions all occur on his stage, all of Larry's miracles seem to be tied to the Robbin's Cup. Just an observation.
 
Quote from Thunderdog:

And how many times will my question go unanswered? For the third time in this thread, if a teenaged dilettante actress/trader can do so well in a contest, then what about Larry's serious students who have devoted their lives to trading? Where are they in the contest pecking order? Does that not seem at all off-kilter to you? Are the dots too small or perhaps too far apart?

Interestingly, just as a magician's illusions all occur on his stage, all of Larry's miracles seem to be tied to the Robbin's Cup. Just an observation.


most people can't trade very well, regardless of training.

your observations are weak.

surf
 
Quote from marketsurfer:

most people can't trade very well, regardless of training.

your observations are weak.

surf
Fortunately, your observation is "strong."

Larry has had countless thousands of attendees at his seminars over the years, and even more devotees who have read and studied his books and courses. Has even one of them won or placed near the top of the contest over the years, and did he or she publicly thank and endorse Larry for the training? If not, then that suggests that only the people you referred to, those who cannot trade very well, attend his seminars and read his books. And, apparently, they remain that way. And how many thousands upon thousands are we talking about?

Any other "strong" observations?
 
Quote from Thunderdog:

Fortunately, your observation is "strong."

Larry has had countless thousands of attendees at his seminars over the years, and even more devotees who have read and studied his books. Has even one of them won or placed near the top of the contest over the years, and did he or she publicly thank and endorse Larry for the training? If not, then that suggests that only the people you referred to, who cannot trade very well, attend his seminars and read his books. And, apparently, they remain that way. And how many thousands upon thousands are we talking about?

Any other "strong" observations?


the facts are, thunderdog, good traders generally dont attend seminars on tradingOR participate in contests. there is a subset of the trader population which is attracted to seminars, etc------

another spurious correlation on your part.

surf
 
Quote from marketsurfer:

the facts are, thunderdog, good traders generally dont attend seminars on tradingOR participate in contests. there is a subset of the trader population which is attracted to seminars, etc------spurious correlation on your part.

surf
Yes, but if Larry's books, seminars and courses have any value, then surely one of his students would have emerged by now, no? Statistically, we can even rely on the law of large numbers, as the sample size is more than ample. That is, unless you are suggesting that his audience is comprised solely of fools and losers? Is that the "subset" you refer to? (I might be able to accept that.) And if they are not all fools and losers, and Larry's teachings have any value, then out of the thousands and thousands of students he has "educated" over the last several years, where are trading contest victors? The only reason I refer to contests is because all of his devotees do as well. That seems to be the benchmark against which Larry is judged and by which he is adored. For whatever reason, it doesn't seem to be rubbing off, Michelle the teenaged dilettante actress/trader notwithstanding.
 
Hehe, I shouldn't waste my time here but I have just ran out of beer. :(

Bozos, a picture worths a thousand word. So, according to today's chart how many YM points Thundy DIDN'T MAKE, because he doesn't believe in W%??



P.S.: Conservatively counting, about 60 YMs, when the Dow went nowhere... :)
 
Quote from mschey:

Set a record that won't be beaten for another 50 years. I

Dan Zanger has already broken it, hasn't he?

Zanger did not trade futures, but his rate of return was higher.
 
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