Trade Stocks & Commodities
with the Insiders by Larry Williams
Trade Stocks and Commodities With the Insiders: Secrets of the COT Report
In this book, Williams discusses what the largest most powerful corporations (commercials) are doing with their money; money they need to grow to invest in their businesses every week of the year, every year, to continuously maximize their profits. By using the methods and systems that the biggest money super powers have always used and learned from, Williams helps readers to tap into the best resource for maximizing their profits, too. The commercial super powers issue a report to live by called the COT (Commitment of Traders). It is the most important report to follow and reveals all the buying and selling that the biggest players in the markets have been doing every week. Williams explains this reporting system and lays out a plan for traders to understand what the reported actions mean, and how to align themselves with them. This book is about getting in step and investing and trading side-by-side with the largest commercial interests in the world.
Everyday, the true superpowers of the market influence the future price performance of various commodities through their buying and selling activities. These superpowers, more commonly known as "Commercials," are often household names—such as Pillsbury and General Mills, if you're looking at natural resource commodities, or Chase Manhattan when it comes to financial commodities.
Whenever these large and powerful traders make a move, they must leave behind a paper trail, due to the federal law that requires Commercials to report their massive trading activities once every week. This valuable information is then disseminated by the Commodity Futures Trading Commission through the Commitment of Traders (COT) report.
Now, for the first time, in Trade Stocks & Commodities with the Insiders, world-renowned trader Larry Williams reveals industry secrets that will help you align yourself with the billion-dollar traders and pools that move in and out of the marketplace each day. You'll be introduced to the best resource for achieving this goal—the COT—and learn exactly what this information means for you. Williams explains this reporting system in detail and lays out a plan that will allow you to maximize profits and manage downside risk by trading side by side with the largest commercial interests in the world.
Larry Williams has been following the smart money crowd for over thirty years, and with this guide, he'll show you who these people are and how to profit from their actions—whether you are interested in agricultural commodities such as soybeans or the new breed of financial commodities consisting of currencies, bonds, and stock market indices. While most market followers look at charts, Trade Stocks & Commodities with the Insiders will help you focus on the true market conditions that effect price change—large buying and selling as well as supply/demand pressure—which you'll be able to gauge each week with the COT report.
There is no master key that can unlock all the doors to successful price forecasting, but with Trade Stocks & Commodities with the Insiders as your guide, you'll discover how the proper interpretation of COT data can add substantial profits to your portfolio.
"The Commitment of Traders report is one of those curious subjects that every trader talks about but few actually know about. Larry Williams is one of the few in the know."
John Bollinger CFA, CMT, www.BollingerBands.com
"The way that Big Money got to be Big Money was by also being the 'Smart Money', and so it is worth paying attention to how the Big Money traders behave. That's the essence of what Larry Williams has to teach us in this book. And it's not just what the Smart Money says or thinks, but how they behave in terms of their trading that we should pay attention to. Larry shows us how to listen to that message."
Tom McClellan Editor of The McClellan Market Report
"Finally, an insider's take on what really goes on behind the scenes in commodity trading. Larry writes his view of trading, as only he knows it, from his twenty-five years of experience."
