Commodities Trader Larry Williams

Larry Richard Williams (born October 6, 1942) is an American author and commodity trader from the state of Montana. He is the father of actress Michelle Williams.

Career
Williams is the author of eleven books, most on stocks and commodity trading. Other books include The Mount Sinai Myth, based on an archeological search for Mt. Sinai in Egypt. This book was featured in Vanity Fair in a re-write by Howard Blum. Williams' most current book is Confessions of a Radical Tax Protestor. This books discusses his battle with the Internal Revenue Service, which led to a trial on three charges of tax evasion. On February 5, 2010, he pleaded guilty to misdemeanor charges of failing to file income tax returns.

Williams funds a 5 figure scholarship at the University of Oregon in honor of his college professor, Max Wales, restricted to "journalism and communication students who.. . have demonstrated creative talent, but may not have a high grade point average."

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 won the 1987 World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned $10,000 to over $1,100,000 (11,376%) in a 12-month competition with real money. Ten years later his Academy Award Nominee actress daughter Michelle won the same contest. He currently lives in the United States Virgin Islands, where he trades, writes and does market research.
His other indicators are the COT index, Accumulation indicators and was the originator of Volatility Breakouts.

Williams has created new proprietary indicators programmed exclusively into Vantage Point trading software. Williams joined forces with long-time friend— trader and software developer Louis B. Mendelsohn — to create a comprehensive new line-up of trading indicators, within the Vantage Point software.

Two of his more recently developed indicators include the Williams Professional Sentiment Index and Williams Electronic Market Accumulation Index. These are designed to reveal when the big money traders are actively buying or selling in a market. This action often marks the beginning of extended market trends. Williams collaborated with Mendelsohn to incorporate the early alert indexes with the neural network pattern recognition indicators that Vantage Point provides.

His psychiatrist son, Dr. Jason Williams, at Johns Hopkins, has written a book on the personality of winning traders, The Mental Edge in Trading.

Williams was twice the Republican Party nominee to the United States Senate in Montana, losing to Representative Max Baucus in 1978 and to incumbent Senator John Melcher in 1982. He sponsored Iniative 86, which made Montana the first state to index tax brackets for inflation. Williams was one of the founders of the "Rock and Roll Marathons"that have raised in excess of $170 million for charities throughout the world.

External Links  "Larry Williams, Futures Trading, Futures Newsletters, Short Term Trading, Long Term Trading, Trading Education".

All of the above from Wikipedia at:

http://en.wikipedia.org/wiki/Larry_R._Williams