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Author Message  stickman Member Username: stickman Post Number: 844 Registered: 05-2004 Rating: N/A Votes: 0 Monday, May 22, 2006 - 03:30 pm:     http://www.smh.com.au/news/business/celebrity-market-guru-arrested/2006/05/22/11 48150168500.html Trade to Learn, Not to Earn. when you lose,don't lose the lesson.  davkell Member Username: davkell Post Number: 431 Registered: 07-2004 Rating: N/A Votes: 0 Monday, May 22, 2006 - 08:53 pm:     Very interesting. Curious to see whether or not he gets his bail. Will he put a book out now on how to beat the taxman? "Trade Your Way To Financial Freedom" - Van K Tharp "Manage the downside; the upside will take care of itself" - Donald Trump  stickman Member Username: stickman Post Number: 845 Registered: 05-2004 Rating: N/A Votes: 0 Tuesday, May 23, 2006 - 08:35 am:     HE is the future father-in-law of Aussie actor Heath Ledger and a world-renowned share trading guru who travels the world revealing his stock market secrets. http://www.news.com.au/story/0,10117,19225316-26619,00.html cheers Trade to Learn, Not to Earn. when you lose,don't lose the lesson.  stickman Member Username: stickman Post Number: 846 Registered: 05-2004 Rating: N/A Votes: 0 Saturday, May 27, 2006 - 10:35 am:     Arrested get-rich-quick guru needed help to raise $1m bail http://www.theaustralian.news.com.au/story/0,20867,19270483-643,00.html Trade to Learn, Not to Earn. when you lose,don't lose the lesson.  mcombbs Member Username: mcombbs Post Number: 17 Registered: 03-2005 Rating: N/A Votes: 0 Saturday, May 27, 2006 - 08:29 pm:     I thought he earned his credibility by trading live in front of audience, but The Australian article seems to suggest he cheated in the trading competitions.  stickman Member Username: stickman Post Number: 849 Registered: 05-2004 Rating: N/A Votes: 0 Monday, May 29, 2006 - 02:04 pm:     Williams refused to talk to reporters outside the court, but seminar organiser David Hunt said cancelled events had cost them $150,000 in lost revenue. http://www.smh.com.au/news/business/market-guru-banned-from-bondi-beach/2006/05/ 29/1148754918295.html Trade to Learn, Not to Earn. when you lose,don't lose the lesson.  pasminco Member Username: pasminco Post Number: 42 Registered: 02-2005 Rating: N/A Votes: 0 Friday, June 02, 2006 - 02:28 am:     If he were as good a trader as he says he is then why is he doing seminars around the world instead of actually trading? Don't tell me he is doing it to "give something back" to trading wannabes, if that were the case he wouldn't be charging people in the hundreds for a "intro seminar" and enticing participants to spend hundreds more on "closed shop" software. Fact is he can make sure $ by talking, much easier than trading. I don't believe he is an entirely honest man, but I do believe he is entirely human. And a great public speaker to be sure, and a very likable personality, but ... To his credit, at the seminar I attended he did have the Aussie$ set up as a buy using his spreading indicators, at that time the A$ was just under .50c US.  lafee Member Username: lafee Post Number: 248 Registered: 04-2003 Rating: N/A Votes: 0 Tuesday, October 31, 2006 - 05:10 pm:     In defence of Larry Williams, he is one of the few market gurus that quantifies his systems. At the same time he doesn't preach the immortality of his systems. I do not believe Larry cheated in the Robbins trading Championships. I do know that he has been subjected to critism, perhaps due to his rather negative views on classic TA. If you want to understand how a small amount of money can be turned into a large amount by embracing risk. Larry's work is worth studying. Cheers Laffee If nobody can be certain of anything, how can I be certain of that? Ayn Rand When I was young people called me a gambler. As the scale of my operations increased, I became known as a speculator. Now I am called a banker. But I have been doing the same thing all the time. Ernest Cassel

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