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Ask questions about Larry Williams' trading wisdom — AI-powered answers drawn directly from @ireallytrade YouTube transcripts. 56+ years of futures trading knowledge, instantly searchable.

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15 Trading Styles
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How does Larry trade COT data? What is his best seasonal trade? How does he manage risk and position sizing? What does he say about crude oil? How does he identify market tops and bottoms?

📖 Trading Methodologies

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🌐 ireallytrade.com — Reference Knowledge

👤 Biography — Larry R. Williams
  • Born 1942, Mount Vernon, Washington
  • University of Oregon — Journalism 1964
  • Trading since 1966 — 58+ years in markets
  • Author of first COT study published 1973
  • 1987 World Cup: turned $10K → $1.1M (+11,376%)
  • Most profitable trader in World Cup history
  • Daughter Michelle replicated feat in 1997
  • Lives between Montana and St. Croix
Ask Larry →
📊 COT Methodology
  • Pioneer of COT since 1969
  • Commercials = hedgers = smart money
  • Index ≥80 → Bullish signal; ≤20 → Bearish
  • Looks back 3 years for context (52-week preferred)
  • Open Interest confirms Commercials' conviction
  • Large Speculators are usually wrong at extremes
  • Works best combined with price pattern confirmation
  • Published first book on COT in 1979
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💡 26+ Indicator Innovations
  • %R (Williams %R) — 1973, now in every charting platform
  • Accumulation/Distribution — 1972, volume-based
  • COT Index — 1969, commercials extremes
  • Volatility Breakout (OOPS!) — gap-fade strategy
  • Ultimate Oscillator — multi-timeframe momentum
  • LNL Indicators — Bloomberg terminal package
  • Cycle/Seasonal analysis — futures seasonal patterns
  • Market Facilitation Index — price × volume efficiency
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📚 12 Published Books
  • How I Made $1M… 1979 — World Cup performance
  • The Secret of Selecting Stocks 1986
  • The Definitive Guide to Futures Trading 1988
  • Long-Term Secrets to Short-Term Trading 1999
  • Trade Stocks & Commodities with Insiders 2005 — COT
  • Beating the Stock Market… annually
  • Trading Chaos (with Bill Williams)
  • +5 more on seasonals, cycles, commodities
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🏆 Hall of Fame Students
  • Michelle Williams — daughter, 1997 World Cup
  • Tom Busby — DTI founder
  • Jake Bernstein — seasonal analyst
  • Ralph Vince — Optimal-f position sizing
  • Bob Buran — options specialist
  • Steve Briese — COT analyst & author
  • 13 total inductees as of 2024
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📡 Bloomberg LNL Indicators
  • LNL COT Index — commercial sentiment extremes
  • LNL %R — momentum oscillator
  • LNL Willco — commercials open interest
  • LNL Seasonal — 15-year seasonal composite
  • LNL Volume — accumulation/distribution
  • LNL Cycle — market cycle identifier
  • Available on Bloomberg Professional terminal
  • Used by institutional traders globally
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🎓 Courses & Education
  • Larry Williams University (LWU) — online platform
  • Boot Camp — live intensive trading workshops
  • Free Course — available on ireallytrade.com
  • Market Analysis videos — weekly YouTube
  • Forecasts — annual market predictions
  • Focus: futures, commodities, COT, seasonals
  • Track record published — 80%+ forecast accuracy claimed
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🧠 Trading Philosophy
  • Markets move on fundamentals + sentiment
  • COT + seasonals + price pattern = complete system
  • Volatility Breakout: trade next day's range breakout
  • Stop loss = never more than 8% of account
  • Position size via Optimal-f (Ralph Vince method)
  • Short-term trading (1-5 day holds) preferred
  • Avoid social media "gurus" — trading is learnable
  • 56+ years proving markets can be beaten
Ask Larry →