In 1990 he wrote the book Day Trading with Short-term Price Patterns, which was sold out immediately, and now can be found on eBay for up to $4,000 a copy. Rumor goes, Crabel had not pursued additional printings of the text, believing that it gave away too many of his valuable trading ideas. However, one of its great strengths is that it is an attempt to statistically test the efficacy of price patterns. Instead of merely asserting that a chart formation is bullish or bearish, Crabel actively searched for evidence. Crabel began with very simple notions of range and then investigating increasingly complex patterns over individual and multiple days, of 2 bars, 3 bars, etc. Today Toby Crabel is best known for his treatment of ORB and narrow range (NR4, NR7) patterns. More HERE
Larry R. Williams wrote the all time best selling commodity book How I Made a Million Dollars Trading Commodities. He won the 1987 World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned $10,000 to over $1,100,000 (11,376%) in a 12 month competition using real money on real trades. This is a record no one has come close to since and only the legendary W.D. Gann may have done it before. Ten years later his actress daughter Michelle won the same contest. He ran twice for the United States Senate in his home state of Montana narrowly losing on both occasions. He currently lives in the United States Virgin Islands,where he trades, teaches, writes and does market research.
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