Biography of Bill Williams
Williams is a multimillionaire and, of course, one of the most unique personalities in the futures market. He is the author of the bestsellers in exchange trading, as well as the founder of the Profitunity Trading Group school, which almost every beginner trader dreams of learning. Williams gained his fame, creating a revolutionary direction of market analysis - the theory of trade chaos, questioning the significance of fundamental and technical analysis.
For the first time, Bill Williams learned about trading from his fellow student, who had already received a good income from trading on the exchange. Every day, discussing the market situation with his friend, Williams was increasingly drawn into the idea of becoming a trader. For a long time, joint trade was very successful, and, having gained experience, he decided to start making money on the exchange on his own.
By that time, he had already graduated from the university, married and became an independent trader, but trade brought Williams only losses. As you know, once having hit the market and feeling the taste of the actually profit, it is difficult to abandon it. What happened to Williams what is happening with the overwhelming number of traders: in an attempt to find an effective strategy that would put an end to failures and monetary losses, he began to buy the most expensive analytical reviews, every day to closely monitor the news, installed at home a satellite exchange channel as he himself said, in one of the interviews: all this helped me lose money even faster!
My wife said: “I don’t know what you are doing there, but when you traded without all this, you earned, and with all this you only lose.” By the way, according to Bill’s admission, precisely thanks to the support of his wife, he did not leave trade before she began to profit, so he dedicated his book for the first time in the year to his wife Ellen. The first edition of the book “Trading Chaos” made a lot of noise among exchange traders and analysts, who first sharply criticized Bill Williams theory, because it rejected such pillars of a market forecast as a fundamental and technical analysis.
But soon followers and fans of the new method appeared, the indicators of Williams began to include many graphic analysis programs, they were covered in specialized periodicals, and later, I use the elements of the theory of steel to predict the direction of the market movement. In his theory, which Bill Williams himself calls a new view of the market, he claims that all markets are a natural phenomenon, their movement cannot be predicted by the methods of classical science, and even more so, using fundamental and technical analysis.
Bill M. Williams is the president and founder of Profitunity Trading Group. He is successfully engaged in exchange trading from G. his main work - playing on the exchange with the help of his own funds. In addition, he is a consultant to foreign banks, manufacturers, hedges and large traders around the world. In his studies, conducted for four decades, the most advanced achievements of physics, mathematics and psychology are involved.
Such a wide scientific erudition provides it with a constant income in trade. Williams held conferences and seminars for more than traders and advised more than a person who has now successfully took place as completely independent professional traders. The tireless Bill Williams working on his trading system continues to improve it. According to him, it becomes simpler and brings even more profits, half of which this extraordinary person regularly expels charity.
Detailed biography.