System Profityuniti Bill Williams Profitunity

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Uploaded: 27.12.2009
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Description

Bill Williams / Bill M. Williams
(Born in 1928)

The legendary man in the futures market - a multimillionaire Bill Williams. Coming on the market for nearly five decades ago, today it is an eminent author of best-selling books on stock trading in the United States, founder of the school Profitunity Trading Group, which is seeking to get into the tens of thousands of traders from around the world. Rejecting the need for fundamental and technical analysis, fifteen years ago, he created a new trend of market analysis based on chaos theory and fractal geometry. Trading and to this day, Williams annually donates half of its profits to charity.

Additional information

Bill claims that the price movements are random and unpredictable, so it does not include a market analysis of the elements of forecasting. The main elements of his theory of fractals are, is a key factor in the initiation of transactions and the calculation of the Elliott wave. The main problem faced by most traders, is perhaps the earlier trend identification. Most existing methods are reduced to the analysis of the market trends and to some extent are subjective. Bill Williams believes that the greatest threat to the trading system is precisely subjectivity in the interpretation of its signal, so it is possible mechanistic method and thus frees the trader from stress.

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