Larry Williams: I Blew Up More Accounts Than You've Ever Traded. Here's What I Learned.

Oct 26, 2025

Trading legend Larry Williams, with over 60 years in the market and an 11,000% World Cup win, shares his invaluable insights. He discusses the importance of understanding market emotions and how to effectively interpret the COT report. Larry emphasizes that timing should follow market conditions, not just technicals. He also reflects on the traits of successful traders, the balance of risk, and the significance of patience. Plus, he offers advice for beginners on finding compatible teachers to enhance their trading journey.

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INSIGHT

Knowledge Beats Hype

Larry Williams says most traders fail because they lack correct knowledge and fall for flashy strategies on the internet.
He urges building a real, testable edge rather than chasing images of success.

ADVICE

Use Charts For Trend, Not Prophecy

Use technical analysis only to identify trends and trend changes, not to predict the future.
Treat charts as an emotional snapshot and combine them with other conditions for timing.

INSIGHT

Markets Move From Conditions

Markets move because of conditions like supply, demand and panic, not because of chart patterns alone.
Price action shows traders' emotions, so read closes and ranges to sense shifts.

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In this episode, trading legend Larry Williams reveals how he turned $10,000 into over $1.1 million in just one year - a record that’s stood unbroken for nearly four decades. __________________________________________Best offers for funding with FundedNext:https://fundednext.com/?fpr=tot(Or Use Code: TOT)30% off all funding with Alpha Capital: https://app.alphacapitalgroup.uk/signup/TOT(Or Use Code: TOT)Get Up To 40% Off Alpha Futures funding: https://app.alpha-futures.com/signin?next=%2F (Or Use Code: TOT)Get 20% off journaling with Tradezella: https://www.tradezella.com/?via=waqar(Or Use Codes: ToT10 or ToT20)With over 60 years of market experience, Larry breaks down his real trading blueprint: how to read market emotions, use the COT report the right way, manage risk like a pro, and master the psychology needed to survive decades in the markets.__________________________________________ 🔗Connect with Waqar here: https://www.youtube.com/@WaqarAsim./videosTitans Of Tomorrow here:https://www.instagram.com/titansoftomorrowpodcastGuest:larry@ireallytrade.com____________________________________________________________________Chapters:00:00 – Intro03:45 – The Real Reason 90% of Traders Lose Money 07:10 – Why Technical Analysis Alone Will Never Make You Rich 10:42 – How to Read Market Emotions Like a Pro Trader 14:18 – The Hidden Truth About Chart Patterns & Indicators 18:02 – How Time & Trend Create Massive Trading Profits 21:50 – The COT Report Secrets Larry Williams Still Uses 25:32 – How to Spot Smart Money Accumulation Before Big Moves 29:14 – Larry’s Weekend Routine to Find Winning Trades 33:06 – How to Avoid Blowups & Catch Big Winners Safely 36:58 – Mastering Fear, Drawdowns & Market Pain 40:22 – The Secret Cycles That Move Every Market 44:05 – What Really Happened During the 1987 Market Crash 48:01 – Larry’s 4% Rule for Perfect Position Sizing 51:37 – The Dangerous Line Between Confidence & Ego 55:20 – Psychological Traits of World-Class Traders 59:04 – Why Most Traders Quit Before They Win 01:02:30 – 60 Years of Wisdom from a Trading Legend