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The truth is that LW really made 1.7 mil before giving back the .7.
Randy Murphree
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From: Ron Augustine <RonAug@xxxxxxxx>
To: Gonzo <gonzo@xxxxxx>; omega-list@xxxxxxxxxx
Subject: Re: Larry Williams as a Trader...
Date: Monday, June 29, 1998 8:13 PM
Why would you think there is "not any true risk in a trading contest" ???
It was real money and the account was being traded in the real market.
Larry did have a $300,000 draw-down on his way to $1.1 million, so
obviously
this occurred after he had bumped the $10K start-up a bit.
That was back in 1987 before the Oct. crash -- I hear he did it again since
then, but don't have the details. I've watched Larry trade and seen him
win
& lose. My guess is that he probably makes at least as much money in the
Markets as he does in his publishing business...
_____________________________________
At 05:39 PM 6/29/98 -0600, you wrote:
>One of my friends lowned me his Money Tree video tapes... Larry goes on
and
>on... But my real question is has he ever truely made good money trading..
>They spout this that he turned $10,000.00 into a Million in a trading
>contest.. But there is not any true risk in a trading contest.. So of
>course I can bet the fictional farm..... But has he really made any money
>as a trader..
>
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