About Larry Williams
Larry Williams has been trading futures and stocks for over 50 years.
"In a business known for one hit wonders, Williams has endured, passing the test of time... If there is one person who embodies the mind and the spirit of the individual trader during the entire 40 years existence of futures it probably would be Larry Williams." - Futures Magazine November 2012
Through good years and bad Larry has survived recording and teaching his market wisdom.
Larry Williams has taught thousands to trade the markets, and has been the only futures trader in the world to repeatedly trade $1 million of his own money live at seminars around the globe. (Stocks and Technical Analysis - WorkingMoney.com "Island Trader" 2004 by Matt Blackman)
1962 was when Larry Williams began following the markets. His interest was sparked by the Kennedy market crash, when President Kennedy forced a roll back in steel prices. The crash was front page news everywhere. People lost millions but Larry was more taken by the fact that if you had been "short" the market, you would have made millions.
Larry began to understand that he could make a $100 day trading the markets, whether the market was going up or down. Larry was smitten. To a 20 year old college kid, $100 bought a lot of beer and pizza. Larry Williams graduated from the University of Oregon in 1964 with a bachelors in Journalism, thus his passion for writing.
Larry (far left) announces his Darlings of the Dow
By 1965 Larry was actively trading the markets and began writing a newsletter as well. It wasn't long before Larry began producing ground breaking market research. In 1966 Larry developed his famous timing tool, Williams %R. This tool still is published daily in many major financial papers and is a standard indicator provided on trading web sites from MSN's Money Central to Yahoo!
In 1970 his first investment book, The Secret of Selecting Stocks was published. Larry followed that with the first book ever on the seasonality of stocks and futures, Sure Thing Commodity Trading, How Seasonal Factors Influence Commodity Prices.
Larry on Fox with Neil Cavuto
Larry Clowning Around on the Set
Larry is pretty old, so to try to follow his career year by year would consume too much of your precious time. Even decade by decade gets a little overwhelming. So, let's just cut to the chase.
In between trading, researching and developing trading tools, teaching, and writing, Larry managed to run twice for the U.S. Senate as well as 76 marathons.
On the Campaign Trail with President Reagan
Larry with President Reagan 1987 on Air Force One
Larry 2009 on Air Force One at Reagan Library
Larry's long list of best-selling books includes 1982's How to Prosper in the Coming Good Years which accurately forecasted the largest bull market and surge in economic growth in American history. He is a past board member of the National Futures Association and the recipient of numerous awards, including Futures Magazine's first Doctor of Futures Award, the Omega Research Lifetime Achievement Award, Significant Sig (a Sigma Chi acknowledgement), Traders International 2005 Trader of the Year, and on October 6, 2002 the mayor of San Diego declared that day as Larry Williams' Day.
Larry is many things, but he is not a CTA (commodity trading advisor).
More Magazine Issues with Larry's articles.
Special Issue 1999
Here Click to Read
Mt. Sinai Myth