Larry Williams – Sure Thing Stock Investing
Larry Williams is a well known commodities trader and author with materials dating back to the early eighties. In these past three decades he has written several best sellers and has secured his reputation as a trading expert.
There are several reasons why Larry Williams and his books have become so popular. He gained much credibility when a book that he published correctly predicted the upswing of the market at a time when the majority was forecasting a slowdown.
Moreover, Larry Williams shocked people in 1987 with his impressive results at the Robbins World Cup Trading Championship. Throughout the event Williams was able to turn $10,000 into a little more than one million dollars. To this day results like that haven’t been reported; supposedly this is why some have accused him of foul play at that tournament.
Larry Williams is also known for developing and teaching his own trading system. His methods have been called unconventional and at times risky. However, each trader should have their own system that is tailored to their financial situation, risk/loss threshold, and emotions.
His trading style does not rely heavily on charts so much as it does on indicators and timing tools that he has personally developed. These are known as the Williams %R and the Ultimate Oscillator.
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