puretruth, what am I missing here? $49,605 @ $50/pt = +992.1 points that's +82.67 points per month or 4.13 points per day all less 10% for slippage That's not setting any records but it's better than a lot of other shams and losses are transparent. There are bad months, a lot of low profit months and a few great ones that pull the average way up. At least the investor gets what they pay for - a roller coaster. LW gets to blow his trumpet and if he believes he is the worlds greatest, well he has good company here in ET.
LOL Seing as how you're a former student of Puretick (and by association, obviously can't trade, and don't know how to learn how to trade for yourself), why don't you stick your money in one of those systems and see how it performs! :eek: Please keep us posted, you little noob fuqstick.
I will help you , put up your glasses and then you should see that from jan 2008 till okt 2008 he traded the big S&P contract ,with the increased volatility Larry got scared and switched to the emini.... "He is the most highly regarded and well known short term trader in the world. No other futures trader is as accomplished as Larry Williams." http://ireallytrade.com/aboutlarry.htm LW : 111 points I had a look at all the ES systems offered by the broker striker.com (specialist in automated systems) for the same period or less They post actual results, not hypothetical fluff for their systems, you only have to register to see those. clean record of broker Striker http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0277685&rn=Y Brigade ES : june 2008 - aug 2009 : 391.53 points Archer ES : jan 2008 - aug 2009 : 159.66 points Battalion ES : jan 2008 - aug 2009 : 201.91 points Charge Indices ES :jan 2008 - aug 2009 : 390.91 points Compass ES : jan 2008 - aug 2009 : 196.49 points Countertrend ES : dec 2008 - aug 2009 : 189.32 points Earlybird ES : march 2008 - aug 2009 : 269.9 points GINA ES : may 2009 - aug 2009 : 178 points !!!!! Impetus ES : jan 2008 - aug 2009 : 226.24 points LAXMI ES : sept 2008 - aug 2009 : 169.25 points RAM ES : aug 2008 - aug 2009 : 168 points Saturn ES : sept 2008 - aug 2009 : 295 points 12 out of the 28 ES systems or 42 % make more points than our most accomplished trader... Ya gotta love the self-hype of those guru's..
The difference is that other ETers are usually held to account for their bluster. In contrast, many of you here are willing to give Larry a "greatness" pass. (How about those open positions, eh?)
I think Larry's Pick Me Up stems from his (unchallenged) vending activities. So unless you've got that going for you...
larry was in the boxing business, and would likely give you a run for the money in a marathon, sport. surf
I communicated with a guy who worked at a futures prop shop and he told me that the top 2 traders averaged 2.3-2.6 points/day in the emini S&P in 2008,compare that to the 0.6 points/day for Larry in 2008 And those guys were trading 100-200 lots.