- Hardcover: 130 pages
- Publisher: Windsor Books; 3rd edition (February 10, 1998)
- Language: English
- ISBN-10: 0930233107
- ISBN-13: 978-0930233105
- Product Dimensions: 8.9 x 0.7 x 11.4 inches
- Shipping Weight: 1.6 pounds (View shipping rates and policies)
- Average Customer Review: 3.9 out of 5 stars See all reviews (27 customer reviews)
- Amazon Best Sellers Rank: #300,754 in Books (See Top 100 in Books)
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How I Made One Million Dollars ... Last Year ... Trading Commodities 3rd Edition
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Top Customer Reviews
Three years later I sat and passed my Series 3 commodities broker license. I still kept this book with me and used some of the practical approaches detailed in the book to help my clients trade more successfully.
Now after being involved with futures for 11 continuous years as a broker, an investor, and the author of three futures books I still find myself referencing Larry Williams material.
Unfortunately, others have a hard time accepting his methodologies and ideas. But if you have read MarketWizard by Schwager, none of those traders were alike. They traded with their own style, with their own risk tolerance, and most importantly with their own goals.
That's why Williams' information should be used solely as a base for your own trade development and not as the gospel. Because of the few things mentioned above, and many other personal traits that individual traders bring to the trading experience, there are no "futures gurus" that can tell you exactly how to trade day to day.
So you have to decide for yourself what is most important being told how to trade or discovering how to trade for yourself. That's what this book, my books, and many other books can realistically do for you.
Good luck and God's speed.
gained an "edge">despite the age of the book(1974) I feel it has something valuable to offer trader at all levels. good reading and good luck!
I ultimately believe that his earlier writings are
his most honest and useful ones:
This book is him giving you what you need
Later LW writings seem to be giving you what
the publishing industry and it's customers are
interested in, and not what made Larry become
a teacher in the first place.
This is my favorite LW book. I have had
trading success with ideas from this book.
Most Recent Customer Reviews
Another great book by Larry Williams. If you're a fan as I am, you'll enjoy this book. If not...not so much.Published 23 days ago by Day Trader
Lots of good information in this book. I particularly like the COT information and I programmed my computer to automatically import the COT data into Amibroker every week.Published 4 months ago by M. Morris
Gained some very good insight into different market indicators.Published 14 months ago by Jay V. Johnson
The internals in general were excellent, not considering some typos, lack of proof reading for other minor mistakes.
Later editions were likely corrected. Read more
With out a doubt this is still the best book out there on commodities. The most difficult thing I have is applying open interest, since, if you look at the charts on CME, open... Read morePublished on November 15, 2012 by FuturesTrader
There is some interesting material on using the COT report to help identify trends, however nothing is really explored at a depth that convinced me of its efficacy, statistically... Read morePublished on February 13, 2012 by signalNnoise