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Friday, January 20, 2023

Larry R. Williams

 Williams is the writer of of 11 books on stocks and commodities. The Mount Sinai Myth is another one that Williams wrote. The book was inspired by an archeological search to find Mount Sinai in Egypt. Howard Blum rewrote this book and was featured in Vanity Fair. Confessions of the Radical Protestor outlines his battle against the Internal Revenue Service that led to three tax evasion cases. On February 5, 2010, those charges were dropped and he pleaded guilty to three misdemeanor charges of failing to file income tax returns on time (for tax years 1999, 2000, and 2001).Williams has created numerous market indicators, including Williams %R, Ultimate Oscillator, COT indices, accumulation/distribution indicators, cycle forecasts, market sentiment, and value measurements for commodity prices. Williams was named the winner of the 1987 World Cup Championship of Futures Trading at Robbins Trading Company. He transformed $10,000 into more than $1,100,000. (11,300 percent) in a twelve-month contest with real money. Williams' daughter, Michelle Williams (actress) was the winner 10 years after. Jason Williams, Williams' son and psychiatrist has written a book on the character of successful traders titled The Mental Edge in trading. Larry Williams recorded four videos in November 2014 at Traders Expo Las Vegas. He spoke about his more than 50 years of trading. He was on the Planet Money economics podcast in the year 2018 to discuss the tax issue, his extradition, and trial.

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