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>I don't have any real source to refute to 2-4 ticks on 1000-2000 lots of
>bonds,
I really don't know, but if I think this was in Larry's own words. Don't
remember where I read it.
>but those quantities would, of themselves, move the market more than that
>I'd guess.
Maybe, but in those days volume in the bonds averaged several 100K+/day
and frequently went over 500K/day. In fact, I think that's why he said he
traded the bonds.
BW
>From: The Funkhousers <funkhouser@xxxxxxxx>
>To: Bill Wynne <tradewynne@xxxxxxxxxxx>
>CC: jack_2231@xxxxxxxxx, proudfit@xxxxxxxx, pjwahl@xxxxxxxx,
>tradewynne@xxxxxxxxxxx, omega-list@xxxxxxxxxx
>Subject: Re: Larry Williams in a nutshell?
>Date: Sat, 03 Nov 2001 18:00:53 -0500
>
>I don't have any real source to refute to 2-4 ticks on 1000-2000 lots of
>bonds, but those quantities would, of themselves, move the market more than
>that I'd guess.
>
>HOWEVER, if you really want an enjoyable read, and a glimpse into the mind
>set of a real gambler/ trader get yourself to the library and check out
>Buzzy's book "Pit Bull." There's no doubt in my mind that her will never
>have any progeny, for when they are made of brass they don't produce sperm.
>
>I wonder if he made another run for the gold following September 11th.
>
>Richard Funkhouser
>
>Bill Wynne wrote:
>
> > >Larry Williams was the best....
> >
> > >From what I've heard Buzzy Schwartz was the
> > best "contest" trader: he dominated real time,
> > real money contests for nearly a decade. Moreover,
> > I heard he traded those contests the same way he traded
> > his "real" account. From what I heard Larry was trading
> > 1000-2000 lots in the bonds for 2-4 ticks at the
> > end of his contest run, kind of a "do or die"
> > approach....not exactly the recipe for long term
> > success, nor something the average trader could
> > even do.
> >
> > I don't know either guy, so take it FWIW.
> >
> > BW
> >
>
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