"The Secrets of Short Term Trading" - Larry Williams

The book "Secrets of short-term trading" by Larry Williams will find an audience primarily in those who appreciate ready-made solutions in the field of Price Action. It will also not be just another item for more advanced investors, as it will become a valuable enrichment of the workshop.

A few words about the author

Larry Williams He is considered one of the most outstanding figures in the world of stock market investments. An investor with 50 years of experience is known primarily for creating tools such as the Williams% R oscillator and Ultimate, which are used by retail traders from around the world. Williams also developed methods to measure accumulation and distribution. He also focused on the concept of breakouts from volatility thresholds.

His biggest and best known achievement is taking first place in the competition World Cup Championship of Futures Trading in the 1987 year. This event has for years been considered the unofficial and most prestigious world trading championship. It is worth adding that it achieved a record rate of return that has not been beaten by anyone so far, exceeding 11%.

About the book

Larry Williams in his book focuses primarily on presenting ways to enter the market. However, these are not dry examples. He devotes a lot of space to the structure of the market, proving its non-randomness and aptly comparing it to "wandering aimlessly and without awareness of drunk sailors in the port."

It is impossible to disagree with the author that "everything is a matter of price and time." From accurate advice, through specific examples of plays, to loose thoughts about speculation.

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Particularly interesting is the 14 chapter, which is a kind of diary from its 50 years on the market. A lot of examples of market behavior over the centuries, all of which has a historical background.

The book introduces the readers to the systems developed in detail by the author, and explains how they were shaped. He also devotes much attention to the trade method based on the aforementioned breaks from the volatility thresholds. After reading the book, we have no doubts why it is considered one of the most stable and effective methods of trading.

"Winning is fun, but what do you do when nothing comes out?"

The book itself is:

• almost 350 pages of text,
• 16 chapters,
• 134 charts,
• and 93 tables.

The position is aimed at both beginners who are just starting their adventure with trading and have just the basics mastered. Advanced traders who want to constantly develop and improve their current trading methods will also find valuable tips in it. More information about the book and the possibility of purchasing it on the site publisher.