The Complete Turtletrader - The Legend, The Les... Instant
💡 Success in the markets isn't about "genius" or "gut feelings"—it’s about having a disciplined system and the iron will to follow it even when you’re losing money. If you’d like to dive deeper, I can provide: The exact entry/exit rules the Turtles used.
A for position sizing. A summary of the personalities involved in the experiment.
Many Turtles went on to start their own hedge funds, managing billions of dollars using the same core principles taught in that 13-day training session. the complete turtletrader - the legend, the les...
They removed all emotion. If the price hit a certain "breakout" point, they bought or sold without question.
This was their "secret sauce." They used a formula based on Volatility (N) to determine exactly how much to bet on every trade. 💡 Success in the markets isn't about "genius"
In just a few years, the group of "average" people—including a professional backgammon player and a fantasy game designer—earned over $100 million for Dennis.
The book by Michael Covel tells the story of the 1983 experiment where Wall Street legend Richard Dennis bet that anyone could be taught to trade successfully. 🐢 Feature Title: The $400 Million Experiment The Core Narrative A summary of the personalities involved in the experiment
The Turtles followed a strategy. It wasn't about predicting the future, but reacting to what was happening right now.