Thanks for the compliments and appreciations. 
I do what I can to share what I see, what I do, and what I've learned. And other people here do the same. NoDoji in particular comes to mind, but there are many others and some right here in this thread. All for one and one for all. I don't have time right this second to answer everyone's query, but I'll try to get to some in the next few days.
Here's an interesting document discussing the rules of the Turtle Traders. There are a lot of really good points here, not all of which I follow exactly as they're presented, but I do use some of them in my own way so to speak. But to be clear, my trading style isn't based on this system. It just incorporates some of the rules which are common to all profitable trading methods.
https://www.bsp-capital.com/documents/turtlerules.pdf
Some points made are:
Stops â When to get out of a losing position
Traders who do not cut their losses will not be successful in the long term. The most important thing about cutting your losses is to predefine the point where you will get out before you enter a position.
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Most of the trades that the Turtles made resulted in losses. If the winning trades did not earn enough on average to offset these losses, the Turtles would have lost money.
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âThere are old traders; and there are bold traders; but there are no old bold traders.â Traders that donât use stops go broke. The Turtles always used stops.
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Here's the Wikipedia entry for Turtle Traders - Richard Dennis
http://en.wikipedia.org/wiki/Turtle_Traders
I do what I can to share what I see, what I do, and what I've learned. And other people here do the same. NoDoji in particular comes to mind, but there are many others and some right here in this thread. All for one and one for all. I don't have time right this second to answer everyone's query, but I'll try to get to some in the next few days. Here's an interesting document discussing the rules of the Turtle Traders. There are a lot of really good points here, not all of which I follow exactly as they're presented, but I do use some of them in my own way so to speak. But to be clear, my trading style isn't based on this system. It just incorporates some of the rules which are common to all profitable trading methods.
https://www.bsp-capital.com/documents/turtlerules.pdf
Some points made are:
Stops â When to get out of a losing position
Traders who do not cut their losses will not be successful in the long term. The most important thing about cutting your losses is to predefine the point where you will get out before you enter a position.
-------------------------------------------
Most of the trades that the Turtles made resulted in losses. If the winning trades did not earn enough on average to offset these losses, the Turtles would have lost money.
-------------------------------------------------
âThere are old traders; and there are bold traders; but there are no old bold traders.â Traders that donât use stops go broke. The Turtles always used stops.
--------------------------------------------------
Here's the Wikipedia entry for Turtle Traders - Richard Dennis
http://en.wikipedia.org/wiki/Turtle_Traders
XY) , which compares the U.S. unit to a basket of six currencies, traded at 75.597 from 75.148 late Friday.