Larry Williams started as an art student, shifted to journalism and was eventually attracted to trading back in 1962. He was drawn into the industry because it looked as if it was easy money. Motivated by the promise of possibly earning $100 a day, while looking for a way out of hard labor, he began his adventure as a trader.
Larry became profitable after 6 years, and in 1974 had a realization around the conditions that move that market and how vital it is to a trader’s arsenal. He trades S&P’s, Bonds, Crude Oil and Gold.
In the show Larry explains:
- The importance of finding a teacher that teaches the way you learn
- Why day trading is not advisable for an aspiring trader with a day job
- The real deal behind money management and its misconceptions
- The power of small positions in a trade
- Why price is least important to him as a trader
Larry the Best trader …Thanks for sharing
LW s certainly one of the trading greats. He is also one of the worst teachers. There are golfers that win with horrible technique, and golfers that win with great technique. Who would you hire as an instructor for your child?
I’m an avid follower of Larry Williams. If the host would take the time to get to know Larry’s work before the interview, you would know what to ask and get much more out of the interview. Shame you’ve wasted the opportunity to interview a legend.
Thanks for the feedback. I try and keep the line of questions the same for my guests so my regular listeners can easily paint a picture of what will work for them.
Plus, there’s always an opportunity to get people back for am interview a second, third, or fourth time to drill in on area’s that needed more exploring… of which I have done in the past.
That said, if you have a bunch of questions you want asked, just reply to this comment and I’ll see if I can get him back on the show again sometime in the future where I’ll make sure your questions are included.
Luigi-Your unappreciative arrogance is another quality byproduct of your time spent sitting at LW’s feet and drying them with your hair.
Same ole LW. Interviewing Williams is like trying to find a fire with only the smell of smoke in a 20 story apartment building with no location sensors; you know something is there but good luck finding it with a reasonable amount of effort and in time. Self-depreciating humor freely utilized to disguise self-acknowledged greatness. Great infotainment, emphasis on the tainment!