Larry Williams

Larry Williams

Larry Williams is the founder of William Metrics and a renowned futures trader, writer, columnist, and asset management broker in the United States today. He has been trading for nearly 50 years and is one of the most respected short-term traders in the w

2019-03-30  

Larry Williams is the founder of William Metrics and a renowned futures trader, writer, columnist, and asset management broker in the United States today. He has been trading for nearly 50 years and is one of the most respected short-term traders in the world. Williams has taught trading skills to thousands of people and has won multiple trading competitions. He is most praised for his trading performance when he won the championship of the Robbins Cup Futures Trading Championship. The Robbins Cup Futures Trading Championship is a real money trading futures competition that lasts for 12 months, with traders having an initial capital of $10000. In less than 12 months of the 1987 competition, Williams managed his account funds from $10000 to $1.14 million, becoming the championship with astonishing profits. Ten years later, his 16-year-old daughter also participated in the competition, with a final income and principal of $110000. She also successfully won the championship, which was the second best result in more than 20 years for the Robbins Futures Trading Championship, second only to Williams' own record, and subsequent championships were mostly won by Williams' students. During his time in trading, research, and development of trading tools, Williams was twice elected to the Senate and served as a director of the American Futures Industry Association. He has won numerous awards, including the First Futures Doctoral Award in the Futures Journal, the Omega Research Lifetime Achievement Award, and the Global Trader of the Year 2005 Trader Award. The mayor of San Diego named October 6, 2002 as Larry Williams Day. Williams is often invited to appear on CNBC and FOX news programs, and his articles are published in media such as The Wall Street Journal, Forbes, and Fortune. He is the most widely cited and sought after investment advisor in the past 30 years. Williams is the author of books on short-term trading secrets, stock selection to determine profits and losses, choosing the right time to buy the right stocks, dancing with wolves - stocks, revealing the COT of futures traders' position reports, and more. In 1966, he invented the William Index, which was used to study stock price fluctuations and determine buying and selling timing by analyzing the peaks and valleys in stock price fluctuations. It was publicly published in his 1973 book \How I Make Millions of US dollars\. The William Index still appears daily in financial newspapers and investment websites. The top ten survival strategies for Larry Williams' short-term trading are survival: whether it's rumors, insider trading, or even astrology, they cannot guarantee that speculators can survive in the investment market. The most important key for investors is self-discipline and proper asset management, in order to survive in the market for the long term. 2. Control emotions: Fear and greed are always the enemies of investors, so do not be insatiable and do not sell low due to fear. Take appropriate risks: Dare to buy stocks at a low price to become a winner. Williams admits that the more he dares to place orders, the more likely he is to win. Dare to buy stocks at a low price to become a winner. 4. Asset Management: Williams has repeatedly emphasized that his impressive achievements are not due to his exceptional trading skills, but rather his active pursuit of high-quality asset management and avoidance of excessive speculation. Never put all your eggs in one basket: whether it's Jesse Livermore, the speculative king of the early 20th century, or founding Value