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-----Original Message-----
From: JimP <digidude@xxxxxxxx>
Newsgroups: misc.invest.futures
Date: Friday, March 26, 1999 2:32 PM
Subject: Re: week 4 & 5: Larry Williams Money Tree
>Completed the course myself and in my opinion you are correct - my biggest
>question is after looking at Larry's "Actual" account reports showing all
of
>his trades, he only trades the S&P and TBonds - and he Day Trades them at
>that!!!!!!!! There is no evidence in any of those account reports that he
>comes even close to using the same system that he sells. My idea is that
>'when' you make enough in the market from YOUR system, go ahead and sell a
>BOGUS system that people will by and you won't have to trade any more!!!!
>
>
>
>JimP
>
>mike_tojo@xxxxxxxxxxxxxxx wrote in message
><7dgop0$avp$1@xxxxxxxxxxxxxxxxxx>...
>>for the last 5 weeks, I have posted my progress using the Money Tree. At
>>first, the Money Tree seemed to be a complete book of answers for making
>>money using the futuress market. But as I have continued to read books
and
>>information form the intrenet, and re-read Batting .800 many times over, I
>>have come to the conclusion that the system offered by Larry Williams
will
>>not make anyone rich, except Larry Williams.
>>
>>it is true that his material contains many important pieces of advice on
>>trading, but this same information is available in books such as Getting
>>Started in Futures, Winner Take All, and Reminiscence of a Stock
Operator.
>>
>>the money tree describes pretty much every type of indicator and system
>that
>> could be used, and he advises to use the ones that work best in a given
>> situation. This type of trading will just break your account.
>>
>>Larry Williams himself has had his share of trading problems if you look
>into
>>the history of his funds.
>>
>>To summarize, trading futures will take much more than Larry William's
>Money
>>Tree. I am prepared to put in about one year of paper trading and
learning
>>from the best sources before jumping into futures. Winner Take All is an
>>excellent starting point, and puts trading into prespective.
>>
>>I give credit to Larry Williams for introducing me to commodiities, but I
>>believe my success in futures will come from my own effort rather than
>>paying Larry Williams to think for me.
>>
>>Mike Tojo.
>>
>>-----------== Posted via Deja News, The Discussion Network ==----------
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>
>
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