PART 1: Critical Lessons from Larry Williams, Trading Legend

Larry Williams: https://www.ireallytrade.com
InvestAnswers: http://www.patreon.com/investanswers
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00:00 Introduction
02:10 I say FA FIRST TA TIMES YOUR ENTRY You sometimes say TA is voodoo, others say TA is Astrology, it is clear markets are driven by fundamentals - macro, trends, cycles, vix, and seasonality are also key - what is your take on the discipline?
05:12 Talk to me about the importance of Trends... and what timeframes do you use to assess trends?
08:00 Speaking of cycles - 2023 will be a bullish period - plus Q4 2022 is historically a bumper qtr. what is your take?
12:00 Let's talk about psychology and investing, you have very accomplished children but I am interested in what you think of your son Jason's book on the personality of winning traders - this is an area where I have done a lot of research.
16:30 Inflation and Fed Hikes. My thesis is the FFR of 3.5% to 4% they will break the economy. Fed hikes are not as imp - but now the market is ruled by the FED as I have never seen.
22:10 For new investors, where would you begin in your quest to grow your skills and knowledge base for trading? Books, resources, etc?
23:17 Where should you focus your time if you had only 4 hours a week to devote to trading?
24:30 What is your favorite Indicator - put another way which indicator has made you the most money? Do you categorize having one in each category: trend, volatility, momentum, volume?
26:26 There are some people who are pure technical traders. Do you think it's possible to make money consistently being a purely technical trader?
27:55 Are there any indicators or things you look for to trade a bear market, bull or sideways/choppy market?
33:53 Stock picking - last 10 years, the top 1-2% of the S&P 500 garnered 50% of the returns. 98% does below avg. Do you believe in that?
35:45 Getting back to your Panic Indicator - what are the ingredients of that?
37:17 You said you are a conditional trader - is that what I refer to as confluence between indicators?
38:10 If you have to pick top 5 TA indicators, what would those be and how would you prioritize their importance when doing TA?
39:28 Talk to me about death by indicators... less is more. I always say this. But when I see folks today with a million indicators open it gives me a headache and I can make no sense of it.
41:08 What keeps you so sharp?
Watch Part II Airing September 16, 2022 for the remainder of this stimulating conversation.