The turtles. Are they real?

[oil_trader]

Are these backtests account for pyramiding and a portfolio as tested on the same basket of commodities?
Just out of curiosity - did you use Curtis Faith's software - veritrader to backtest?

Quote from PoundTheRock:

Original Turtle System

1997: 127.2%
1998: 55.7%
1999: -43.3%
2000: 83.2%
2001: 27.2%
2002: 12.6%
2003: -5.6%
2004: -55.9%
2005: -24.3%

Dual Moving Average (300, 50)

1997: 59.4%
1998: 173.7%
1999: 81.2%
2000: 257.0%
2001: 128.9%
2002: 38.8%
2003: 126.6%
2004: 38.3%
2005: 24.9%

 

[swcom]

All systems need to be adjusted annually, if not quarterly/monthly/weekly/daily. I think the system is a good guide, but could use some tweaking to make it work well in this electronic trading world, v. the telephone trading world.

 

[gmb1994]

Well, how does it compare with the AAII stock screens over that same period of time?

http://www.aaii.com/stockscreens/

 

[psytrade]

PoundtheRock- Shouldnt you quote the returns of a public "trend follower" like Dunn instead of a single trader whose methodology may differ day to day (i.e discretionary trader) ?

I tried to code the TurtleRules.pdf system being touted by the real turtles. I attempted to work it for equities, and I have had crap results.

Instead, Im trading something different, but there is no way you are going to get 60% Monroe Trout style returns when you do trend following with equities. The results I have so far are 25% annual dating back to 75 and 40% from 95-05

Any thoughts on this, Id like to hear them.

Eric

 

[MktNinja]

The question should be is "Has Covel ever made money using this method?" It seems like all of the money he's made was teaching and reporting this method.

 

[TSGannGalt]

They are real. Just sticking to the facts...

All are able to program in some sort of language, enabling them to test and develop new models. They all trade other models other than the "original" methods taught by Bill and Richard.

That said...

Viability of the "Turtle Method" and "Turtles" are two seperate issues.

 

[psytrade]

Look up Jerry Parker. Still the most promising trader that came out of Eckhardt and Dennis turtle program.

 

[marketsurfer]

obviously, eckhardt and dennis did not intend this supposed experiment to be turned into a marketing gimmick, or did they?

surf

 

[Batterup]

and who knows more about marketing "STUFF" more than surf? ....

 

[Trend Following]

Quote from vikana:

Here's a good link with the story and the system;

http://www.originalturtles.org/

It's very good reading.

With all due respect, that is a brief sales mention, not the story. My book "The Complete TurtleTrader" is the story. I had no idea these threads were so loaded down with incomplete information.