Description
Larry Williams – University Tutorial
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Welcome to the Larry Williams University
In the fall of 2006 we began the construction of LWU – Larry Williams University. This is the place to come to find courses, articles & books written by Larry.
The intention is not to hit you over the head with advertisements for software or brokers or links to other sites. Our intention is to create a place where people who are interested in Larry’s work and interested in the markets can come and study without banner ads streaming across the page.
How do you develop the skills to become a good trader?
How do you maintain those skills?
Where to Begin
Long Term, Short Term, Swing, Day Trading?
How do you develop the skills to become a good trader?
How do you maintain those skills?
Those are difficult questions to answer. Whether you have been trading for several years or just getting started, it’s important to understand the markets and to keep your trading sharp. We don’t suggest that the only road to success is the one Larry recommends below. However, many of his students have been successful following a logical sequence in futures trading education.
How Larry began…
I stumbled around like a drunk in the dark during the first three years of my trading. I had read all the books out there, tried all the techniques… but was getting no place. It was not until I met Bill Meehan, that it all came together for me. Bill explained to me that the big money was made by having small positions in big moves. Bill, a former member of the Chicago Board Of Trade, taught me the importance of fundamentals, and how to determine when the market was ready for a substantial up or down move.
Once you know that, it is just a question of timing as to when to get in, out, and how to protect yourself against losing trades. I still think this is the safest and most reliable way of making money in the market; the most certain. It is what most people should be doing. By the way, it took me about 10 years to get good at this.
