Larry Williams
Larry Richard Williams was born on October 6, 1942, in the 8,000-person small town of Miles City, Montana, USA. He attended Billings High School and successfully graduated from the University of Oregon School of Journalism in 1964.
He actively played football on the All-State Football Team. Larry Williams is the author of 11 books, most of which are about stocks and commodity trading.
Larry is the father of five children, with one of his daughters having more. Politically, he is a member of the Republican Party and ran for the US Senate twice (1978, 1982). He supported "Initiative 86" which made Montana the first state to adjust tax brackets to inflation.
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Larry Williams, the most profitable trader of all time
Larry Williams gradually built his model over the years. Instead of using the usual indicators, he developed new ones. These allowed him to make a faster and more accurate evaluation of a situation. The most well-known among these are the Williams %R, Williams Ultimate Oscillator and Williams VIX FIX.
In 1987, he entered the World Championships in Futures Trading WCFT with his trading approach. His system was already based on data from the COT Report and he determined the set-ups using his own indicators. This 12-month championship was the breakthrough for Larry Williams.
He achieved a return of approximately 11,300%. His trading account started with $10,000 and was valued at $1,137,600 after one year.
Although this value was never confirmed by bank statements, it is still recorded as the highest ever achieved return in the championship to this day.
full story
Also you can read
Highlights from his legendary book
Long Term Secrets to Short Term Trading.
For those who are interested in more can visit his official
website.