Turtle Trading System

Quote from jcl:

It would be a matter of 2 hours to code it, but that's probably wasted time. From all I heard, this strategy is not profitable anymore since the 1990s. From its algorithm.

it also does not look as if it could have a real edge - and even back then, some of the turtle traders lost their money.
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JC
I agree with much of that;
except thats a laugh'' it does not look as if it could have a real edge '':D

Rich taught the turtles to use ''flair'' sucessfully, but to write ''turtle traders lostt money'' because of the system, is 100% wrong.


Still some did lose money...:cool: :D
Old Timer said ''big traders lose money...They Just LOSE:D''
 
Quote from murray t turtle:

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JC
I agree with much of that;
except thats a laugh'' it does not look as if it could have a real edge '':D

Rich taught the turtles to use ''flair'' sucessfully, but to write ''turtle traders lostt money'' because of the system, is 100% wrong.
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According to a description of that system that I read some time ago, they lost their money because they did not 100% follow all special rules, and thus missed some profitable trades.

I admit that it's hard to tell from the rules of a system if it could have an edge or not. It obviously had an edge during a certain time period.
 
Quote from FrankSlaughtery:

it's can't be that hard

buy above 20 day high
exit below 10 day low

reverse for short

buy above 55 day high
exit below 20 day low

reverse for short
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then you totally miss the main part which is money management with ATR.
 
Quote from jcl:

It would be a matter of 2 hours to code it, but that's probably wasted time. From all I heard, this strategy is not profitable anymore since the 1990s. From its algorithm, it also does not look as if it could have a real edge - and even back then, some of the turtle traders lost their money.
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I never heard anyone win big just because they believe "what they heard from other".
 
Quote from SteveNYC:

Lol..... So he could make oodles of money and end world hunger. [/BA]
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A guy as been trashing AB in another thread (don't understanding how to use it) and now he is asking for a script.
AB is one of most the active forums on trading development SW.
So why he is not using it?
 
Quote from a5519:

A guy as been trashing AB in another thread (don't understanding how to use it) and now he is asking for a script.
AB is one of most the active forums on trading development SW.
So why he is not using it?
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IT is not active at all, Elite Trader is much better. I suggest this forum admin should ban this user because he is suggesting other to use another not active forum instead of this one.
 
Quote from a5519:

A guy as been trashing AB in another thread (don't understanding how to use it) and now he is asking for a script.
AB is one of most the active forums on trading development SW.
So why he is not using it?
More...
Just out of curiosity, what is AB?
 
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