Guide for Forex Traders


FOREX Trader Larry Williams and His FOREX Books

Larry R. Williams is a popular technical analyst as well as stock and commodities trader. He emerged victorious in 1987 when he joined the World Cup Championship of Futures Trading that was conducted by Robbins Trading Company. Because of his success in the world of FOREX, Larry Williams has decided to venture into writing FOREX books. Writing is not new for Larry Williams since he holds a Bachelor of Science degree in Journalism which he obtained at the University of Oregon. Why don't we take a look at some of the FOREX books that Larry Williams has written?

One of his popular books is titled "How I Made $1,000,000 Trading Commodities Last Year." This FOREX book tells how the author was able to generate a profit of US$1,000,000 in one year. Larry Williams emphasizes in this book the importance of not overlooking certain markets which he describes as "deceivingly quiet" because such markets can actually make traders profitable. The titles of the chapters of the book include "The Rate Race and Commodity Trading," "Random Thoughts on a Non-Random Market," "How to Manage Money and Eliminate Margin Calls," and "The Important Difference Between Stocks and Commodities."

Larry Williams' book "How to Prosper in the Coming Good Years" was released in bookstores in the United States (U.S.) in 1982. This FOREX book was able to forecast correctly the largest bull market ever experienced by the U.S., as well as the major economic growth that transpired in the said country.

In his book "The Secret of Selecting Stocks for Immediate and Substantial Gain," Larry Williams talks about the technique he personally uses for choosing stocks. His technique includes identifying which stocks are professionally bought or sold. This FOREX book will also teach readers how to be successful in forecasting different market trends, including short, intermediate and long term ones. Larry Williams also teaches readers how stock selection should be combined with market timing in order to trade successfully.

Larry Williams is also the author of the FOREX book "Long-Term Secrets to Short-Term Trading." He shares his long-term experience of being a successful trader in this book by offering his market wisdom and discussing such topics as profit patterns and volatility breakouts. He explains the objective of a short-term trader, gives readers an idea on how to generate profits, emphasizes the importance of money management to gaining wealth, and talks about the importance of fear to becoming successful in the world of trading.

Another highly-recommended book written by Larry Williams is titled "Day Trade Futures Online (Wiley Online Trading for a Living." Here, he tackles the risks and rewards of day trading and short-term trading. He emphasizes the importance of the traders' trading personality to survive and succeed in this field. He discusses the tactics and strategies that traders need in order to beat the futures markets. Of course, money management is also discussed in this book, as well as the approach that must be used in selecting an online broker.

These are only some of the FOREX books written by Larry Williams to share his knowledge with other traders.