POLL: Do you think Larry Williams is a charlatan?

[larrywms]

prove you are not Burton.


that shoud be easy to do (as you say). You hide behind a email name..I don't. On the other thread you never proved you were not BUrton.

I will gladly retract--but so far you have presented no facts.

lw

 

[Thunderdog]

Quote from larrywms:

...I will gladly retract--but so far you have presented no facts...

Oh, the irony.

 

[puretruth]

Larry the Saint , in the "LW Million Dollar Challenge" thread alone you managed to quote 3 lies, inaccuracies ...CONGRATULATIONS



1.

on page 7

Quote from larrywms:

i have had an equity dip from 2,200,000 to 750,000 before trading it back to 1,100,000

larry Williams

Larry@ireallytrade.com

http://elitetrader.com/vb/showthread.php?s=&threadid=118258&pagenumber=7


on page 48

Quote from larrywms:

My own personal account went from 2,100,000 to 1,100,000 during the equity dip time period.

http://elitetrader.com/vb/showthread.php?s=&threadid=118258&perpage=6&pagenumber=48


The numbers of page 48 look better than the ones from page 7 , good job !




2.

Quote from larrywms:

and the fine of $6,500 or whatever

http://elitetrader.com/vb/showthread.php?s=&threadid=118258&perpage=6&pagenumber=11


I am gonna help you :

You only need to double your number : $13,000

http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0002738&case=88BCC00035&contrib=NFA



3.

Quote from larrywms:

In my MDC real trading seminars i traded 1,000,000 for three days in front of people..not all session were winners..but in about 20 sessions i made $1,000,000 and paid back to attendees 20% of the profits...$200,000.

Sure, you made exactly 1 million...LOL

My guess is that you just traded a simulator account and paid pack the attendees from their own money

Prove me wrong, put up your statements from those MDC's on your website and get an audit.

Yeah, Larry , we ,elitetraders ,need audits before we believe you (does it surprise us that you don't have a single audited record ?)

 

[Thunderdog]

Quote from larrywms:

...you never proved you were not BUrton...

And did you ever prove that you did not rob your managed account clients by allocating initially profitable trades to your own account, and initially losing trades to your managed accounts? Or was the NFA simply not able to prove that you did so because of the lax time stamp rules at the time? Whatever the case may be, I think it's instructive that the NFA considered it appropriate to point out in its findings that your own account was doing very well while, simultaneously, your managed accounts were doing very, very poorly. And that the NFA considered this to be a material fact which a potential customer would need to know in order to make a fully reasoned decision. Instructive indeed.

Not that I'm accusing you of anything, of course. Rather, since you brought up the matter of "proof," I thought it might be a suitable topic for discussion.

 

[larrywms]

pure truth and thunderdog are one in the same or were seperated at the hip from childbirth.

if--at my real time trading seminars---i just paper traded then why would i not make money at every one of them?

these guys never think except to attack--never post anything positve, never show trades, never say who they really are.

draw your own conclussions

lw

 

[Thunderdog]

Quote from larrywms:

...draw your own conclussions

lw

NFA 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.”

 

[puretruth]

Quote from larrywms:

prove you are not Burton.



lw

Prove your track record and that you are not a liar (Ooops, already proved)

 

[martymjp]

You need to either take him on in a head to head competition or stop whining like a squealing pig and get a life. If you cannot out trade him and keep acting like this ...I think your jealous because you cannot trade or teach.

 

[larrywms]

ask the nfa about time stamps they investigated all of this---that never took place---if it did why did i have such an equity dip?

Geez, Mr. Vick or someone was really mean to you as a kid.

Oh, btw my h oil short has about $50,000 more profits in it now than when i posted the trade.

that almost matches your 5,000 bitter comments!

I offered to send you screen shots, etc, you refused.

Oh, will you ever get out from behind that Micheal Moore mask??
\
lw

 

[Thunderdog]

Quote from martymjp:

You need to either take him on in a head to head competition or stop whining like a squealing pig and get a life. If you cannot out trade him and keep acting like this ...I think your jealous because you cannot trade or teach.

Would that make the NFA findings and conclusion go away? Would that make Larry's managed money clients whole? Would that lift the cloud over the very thing that supposedly distinguishes him from the crowd and on which he has based his entire vending career?

Or are you just buying into his misdirection?