I have found it interesting how people react anytime when Larry Williams' name comes up. So I did a little websearch. I found this site where Larry answered some of the most common questions and myths about him, it is on the bottom part of the page: http://www.refco.ca/LarryWilliams.refco Since I am not Z10, I will just quote some of the most memorable parts of the interview: God save you from graceful investors!: " Most notably Susan B. Kringle, who had opened her trading account with $60,000 and walked away with approximate $540,000. She then sued me claiming she should have made $63 million." Some people will never believe: "PROVE YOUR GOOD : To this challenge I responded by creating The Million Dollar Challenge a series of trading seminars where I have traded $1 million of real money, in real-time and given attendees to the seminar 20 percent of the profits. So far, knock on wood, I have made about $750,000 doing this in eight or so presentations." A myth lives longer than the facts: "YOU CHEATED WHEN YOU WON THE ROBBINS WORLD CUP TRADING CHAMPIONSHIP .....Perhaps more importantly the NFA and CFTC both had all my trading records, they too were looking for chicanery, double accounts or whatever. They had all my trading records for about 18 months, went through the brokerage firm with a fine tooth comb. " Every good trader blows up once: " WILLIAMS BLEW UP, TRADING A FUND IN 1987! There is some truth here. In 1986, 87 and 88 I managed a substantial amount of money. .... As new money came in and the crash or 87 developed, I lost money for investors. No doubt about that, it happened. People were not blown out though. . . as I recall the worst damage done was about 40 percent decline in a few of the individual trading accounts. " And the ultimate question: "IF YOU'RE SO GOOD WHY YOU GIVE SEMINARS? I give seminars, write books and have a videotape series for several reasons. First of all it's quite profitable; I get paid for doing it. I never know as a trader when I will make money, it may be this month or maybe a few months from now it's an unknown. Seminars and such amount to steady income. "