Turtle Trading

why donT they mention jerry parker? and I heard a rumor that dennis was kind forced to let others trade with his money since he had some trouble with trading authorities. would shed different light on the whole romantic story. but I do not have researched that in any detail - might be just rumors.


peace
 
:)

Quote from Momento:

This sounds like a good TV commercial...

"Introducing TURTLE TRADING! ...
and now, let's hear what our previous users got to say."

"Yah i have had great success using this package. At first i was very pessimistic about the program, but i later found out that; Hey making money in the market is really not that hard? You have got to try this folks."


muhahahaha
More...
 
Quote from man:

Gann
you've something better or it does not work anymore? reason why I am asking is that at the time when I was trading turtle style strategies in the nineties, the sp was, as already mentioned, a market that always sucked. now after acrary in another thread this is the second time I find people claiming they can successfully trade the sp as a trend follower. just curious.


peace
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I don't know if this information is true. But I've heard some famous managers are still short the BIG SP's from late 2000.

trend
 
trend
but I doubt five years averages of 80something percent. at that time (before or just at the early stage of windows!) playing systematic on many markets was a tough game. simply gathering the data took substantial effort. computerised trading as such was an edge at that time.


peace
 
Quote from man:

trend
but I doubt five years averages of 80something percent. at that time (before or just at the early stage of windows!) playing systematic on many markets was a tough game. simply gathering the data took substantial effort. computerised trading as such was an edge at that time.


peace
More...

agree..

good trade!

trend:)
 
The Turtle breakout system is a system coined by Richard Donchian. Buy/Sell 20 day or 55 day breakouts with a few simple rules thrown in.

However, the KEY to this system or any other trading system is Money Management. Risk 1%-2% per trade, keep total Heat under 15%-20%, diversification, strict adherence to risk rules!

Great money managers like Soros, Paul Jones, Dunn, Rotella, Bacon, and Kovner keep their risk in control. Their able to earn very good returns for the risk they take, compound those returns year after year after year... and make huge fortunes by managing other people money! Why? because they don't "BLOW OUT" like other wannabe hedge fund managers, who do not respect the risk.

happy trading:)
 
risk management
it is more than that. just to trade break outs and not risking more than x% per trade is not enough for CTAs today. this is too simply. there is much more to it.


peace
 
This thread prompted me to reread Jack Schwagers interview with Richard Dennis in Market Wizards. I don't know if Dennis got back into trading but at the end of the interview he had quit trading after his fund lost 50% in a year. :mad:
 
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