The Turtles

[Nick1984]

Hey guys, I have a PDF here which describes the turtle trading strategy. Nothing that special here just though some of you may find it interesting. I guess the best thing about it is the discussions on money management.

Cheers,

Nick

[Nick1984]

Damn it seems I made a fool of myself and posted this in the wrong forum....mods....help! Someone hand me a shovel so I can dig this hole a lil deeper.

[TinGull]

where did you want it posted?

[Nick1984]

This would fit into the swing trading section

[Sparrow]

It's an interesting read, unfortunately it requires a lot of money.
Dunno if it still works.

[Reaver]

Thanks for sharing Nick....I know Michael Covel was selling similar stuff for $1-2K....hopefully you'll have saved some people a few bucks.

[Happy Go Lucky]

	Quote:	Reaver
	Thanks for sharing Nick....I know Michael Covel was selling similar stuff for $1-2K....hopefully you'll have saved some people a few bucks.

Looks like Covel just came out with a book recently about the turtles and their methods. I wonder if it's any good. At least it won't cost as much as the course he sold before!

[PDN66]

This pdf is a cut, paste with minor edits from some chapters of a book called Way of the Turtle by Curtis M Faith (an original Turlte) I bought the book for US $28 last year.

[aidaweb01]

I've read in other forums that the turtle methods no longer work in todays markets. I am likely to be shot down in flames because I can't actually back that statement up!

But, I do think that their scaling into positions was the key to their success and that derivations on this technique are 100% valid today. IMHO this is also the hardest part of their plan to replicate - Balls of steel required.

Wonder if anyone has any success stories on scaling in?

[BlowFish]

Looks like originalturtles.com has gone. This was the ruleset that I looked at. What makes the system is the money management rules, and those may be of interest to people. The trigger is simply a BO Donchian style.

I find the sparring between Sands & Faith amusing but thats another story.

Heres the copy of the originalturtles.com version for those interested. Takes a certain kind of emotional strength (and a pretty large account) to be a full on trend follower, not my sort of thing though the simplicity is tempting.