When popular market guru Larry Williams first presented his Long-Term Secrets to Short-Term Trading to the world in 1999, it was primarily to an audience of committed traders. In the years that have passed, things have changed radically and now everyone is in on the act, enjoying the thrill of the promise of a better life through successful, profitable short-term trading.
Now Williams is back with a fully revised and updated edition of his bestselling book, designed to help a whole new generation of hopeful investors understand the trading markets and get the most out of them. While the stakes in short-term trading are high, the benefits to be reaped are unprecedented, and Williams outlines the blueprint necessary for sound and profitable trading, highlighting the advantages and disadvantages so that you, too, can come out on top.
Presenting years of genuinely insightful market wisdom on topics ranging from speculation and volatility breakouts to profit patterns, Williams expertly explains the fundamentals of entering–and succeeding in–the trading world, including how the market moves, the most dominant cycles, when to exit a trade, and how to hold on to winning stocks. Including in-depth analysis of the most effective short-term trading strategies, as well as Williams’ own proven technical indicators, the book is your one-stop resource for getting started in the short-term trading market right away.
From the Back Cover
Praise for the First Edition:
“Larry is the only person I know who can mix systems and rules with confessions of his soul. This book should have universal appeal to not only the trading world but to all who apply themselves to the laws of the universe. This is a study of the self, the markets, and the interfacing of the two.”
–LINDA RASCHKE, President, LBR Group, Inc., CTA
“Larry Williams’ contributions to the study of technical analysis are well documented and indisputable. I have learned more from Larry than all other traders combined. His techniques are original, clever, and fresh. The depth and breadth of his knowledge is mind-boggling. I highly recommend it.”
–TOM DeMARK, author of New Market Timing Techniques and The New Science of Technical Analysis
“Having known Larry for 25 years, I can truly say that this is his ‘magnum opus’ the culmination of a brilliant career; must reading for anyone who trades futures with success as their goal!”
“JAKE BERNSTEIN, President, MBH Commodity Advisors, Northbrook, Illinois
About the Author
LARRY R. WILLIAMS has been trading for almost fifty years and is one of the most highly regarded short-term traders in the world. Larry has taught thousands to trade, won several trading championships, and since 1970 has been writing bestselling books based on his technical indicator, Williams %R, developed in 1966 and still published daily in major financial newspapers and on finance and investing sites. Between trading, researching, and developing trading tools, he ran twice for the U.S. Senate, was a board member of the National Futures Association, and has received numerous awards, including Futures magazine’s first Doctor of Futures Award, the Omega Research Lifetime Achievement Award, and Traders International 2005 Trader of the Year. The Mayor of San Diego declared October 6th, 2002 “Larry Williams’ Day.” Larry has been featured on CNBC and Fox News, and has been interviewed and quoted in more publications than he can keep track of.
