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Thursday, April 23, 2015

Michelle Williams: A Famous Daughter of a Famous Trader

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 3

“I was born with a fierce need for independence.” - Michelle Williams

Name: Michelle Williams
Date of birth: September 9, 1980
Nationality: American
Profession: Actress

Career
Michelle is a popular actress, just as her dad, Larry Williams is a popular trader. Although, she’s best known as an actress, she also has pedigree of trading proficiency in her.

Michelle proved to be a true daughter of a great trader when she participated in the Robbins World Cup Championship of Futures Trading in 1997 and won the Cup. She won the Cup by making 900 per cent returns – making her the 3rd highest winner of the Championship since its inception. Her dad achieved the highest profit ever realized in the Championship, with 10,900% returns in a 12-month period.

As you might be aware, in 1987, Larry Williams was the winner of World Cup Championship of Futures Trading from the Robbins Trading Company. He turned $0.01 Million to Over $1.1 Million in twelve months.

Insights:
    1. It’s possible to achieve nice returns from trading. It’s possible for women to achieve greatness as traders. It’s possible for a man to be a great trader, and then for his kids to be great traders, and then grandkids, and then great grandkids, etc. to be great traders. Trading excellence can become generational.

    1. Doctors, lawyers, engineers, politicians, lecturers, scientists, accountants, artistes, actors, clerics, technicians, drivers, etc. (the list is endless) can become great traders.  Michelle is a dedicated actress and a world trading champion.

    1. Michelle felt a need for freedom at an early age. Therefore, she decided what she could do with her life when she was young. The need for freedom is an inborn tendency for humans, and financial freedom is part of that. Based on the quotes from Michelle, it’s good to find your direction at an early age, so that you can become successful while still relatively young. I’ve always reiterated the fact that it’s good to start trading at an early age.

The quote at the top of the article is from Michelle and the quote below is also from her:

“I did find my direction at an early age.”




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