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In a message dated 98-06-30 19:30:18 EDT, Robert Cummings wrote:
<< I think primary income would be a more accurate statement here as opposite
to secondary income concerning selling your trading methods. Some have done
well, please
to finish the statement but most lost a bunch of money. Snake oil my friend
is all you sell to the unexperienced and gullable public based on the fact
you once had one good year and won a trading contest. Fact remains if you
were a great trader of any longevity and not a plunger you would have no
need to do what your doing by selling to the public. I mean if you got the
keys to the fault why sell lemonade to me unless your just saintly, you a
saint Larry? I understand the argument for saying well why not do both and
although it has logic I still thinks its total B.S. Take a look at Jurik's
home page, he has the correct approach buy selling real skills in a very
professional manner with integrity but his way takes work lots of work. So
there is a need and a place but you but you need to lose the hype and
sleazy video's. Then tell the truth about your trading sometimes your very
hot and then there or times when you need Chase Bank to cover your draw
downs because that's the nature of a plunger. >>
Robert,
Well I feel some things must be said in defense of Larry. As far as I can
tell
Larry is one of the few real gems in this business.
My relationship with Larry goes back a few years, about ten I think. In that
ten years I have studied Larry's published and unpublished work
with zeal. I can only say I have been rewarded many times over for my
efforts.
I would advise any serious student of the market to take the same path.
Those who know Larry know he is genuine article, I sincerely believe Larry
has
forgotten more about trading in the last 25 years
than most of us will ever know. Those of us who know Larry know what makes
him
sucessful......he has a real passion for the markets. I believe
the pursuit of market knowledge occupies Larry's mind about 20 hours a day.
It
never fails that whenever I speak to him he is working on some
system or research idea. This simply blows my mind.......over the last ten
years I have spoken to him hundreds of times......It never fails when I talk
to him he is in front of his computer working on a system ! The point is he
loves what he is doing ......like very few people I have ever met.
Larry has on so many occasions shared freely of his thoughts and time. He has
never asked for anything in return. It has always amazed me that he actually
answers his own phone. Those wishing to talk to him need only to dial his
number.
Sadly Larry cannot make everyone a great trader.....for reasons we all know.
Those who wish to seek out specific knowledge about trading futures
ignore Larry Williams works at their own detriment.
I could go on at length.....but I think you get the idea. The quest for
knowledge requires an open mind....sometimes the answers we seek are right in
front of us but we just cannot see them.
Mark Benjamin
mben@xxxxxxx
Disclaimer: I have no commercial relationship with Larry.....and no one asked
me to write this note.....I stand to gain nothing from its writing.
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