The Secret Of Short Term Trading – Larry Williams

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Larry Williams (born October 6, 1942, Miles City, Montana). Married with 5 children. In 1960, Williams graduated from Billings High School, in Billings, Montana. He is a graduate of the School of Journalism, class of 1964 at the University of Oregon in Eugene.In 1987 Larry 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 (10,900%) in a 12-month competition in a live trading environment using real money.

He later published a book about this experience called “How I Made One Million Dollars Last Year Trading Commodities”.

But Larry Williams career has also had some ebbs and flows. His success did not go unnoticed, particularly by the Internal Revenue Service (IRS).

As a radical tax protester, Larry Williams locked horns with the IRS (a futile fight)  and narrowly missed being sent to prison for tax evasion.

However, on  February 5, 2010, the IRS decided to drop three charges of tax evasion when Williams pleaded guilty to three misdemeanor charges of failing to file income tax returns on time (for tax years 1999, 2000, and 2001).

Larry Williams won the 1987 World Cup Championship of Futures Trading.

He turned $10,000 to over $1,100,000 (10,900%) in a 12-month competition of live trading.