The Definitive Guide to Futures Trading: Unlocking Larry Williams' High-Probability Strategies
He famously generated a 11,376% return in 12 months.
The minimum allowable price fluctuation (e.g., 0.25 index points for E-mini S&P 500). The Definitive Guide to Futures Trading: Unlocking Larry
A central pillar of his approach is the , a weekly government release showing the positions of different market participants. Williams teaches you how to interpret this data to trade with the "Smart Money."
He is the creator of the Williams %R indicator, a staple in many trading platforms today. Williams teaches you how to interpret this data
At the core of Williams’ philosophy is the belief that markets are not entirely random. He focuses heavily on the "Commitment of Traders" (COT) report, which tracks the positions of commercial hedgers versus large speculators. Williams argues that following the "Smart Money"—the commercial producers and users of a commodity—is the most reliable way to identify long-term trend shifts. By entering the market when commercials are heavily net-long and the public is pessimistic, a trader aligns themselves with the forces that actually move the physical underlying asset.
The Definitive Guide to Futures Trading by Larry Williams The Definitive Guide to Futures Trading: Unlocking Larry
To answer the question bluntly:
Current Equity×Risk Percentage÷Maximum System Drawdown=Number of ContractsCurrent Equity cross Risk Percentage divided by Maximum System Drawdown equals Number of Contracts Core Risk Rules