Why has the turtle trend-following system stop working?

Your hero is in jail now. He has been arrested 5x in the last 2 years and his trading firm was banned by the Commodity Futures Trading Commission. He recently posted some videos before being locked up again:



Those videos are brutally honest.

WHOA! Like Colonel Kurtz from Apocolypse Now.
 
WHOA! Like Colonel Kurtz from Apocolypse Now.

I figured an anti-trend following guy like you would like this thread so far (at the least the stuff that is civil). Many pros and cons discussed about trend following.
 
I figured an anti-trend following guy like you would like this thread so far (at the least the stuff that is civil). Many pros and cons discussed about trend following.

Yes, i think trend following is far from optimal but am open to and love to learn about all types of trading methods/history.


I enjoy your perspective, keep up the good work.

surf
 
My money is were the trend is. That was and always will be the best place to put it. And if there is no trend it is in the bank.

But ya only know if the trend is your friend after u enter the trade. Before you enter, it is irrelevant imo.
 
Yes, i think trend following is far from optimal but am open to and love to learn about all types of trading methods/history.


I enjoy your perspective, keep up the good work.

surf

One day we get VN on my podcast. Had Toby Crabel on. He was great. Gave high praise on my show for VN.
 
But ya only know if the trend is your friend after u enter the trade. Before you enter, it is irrelevant imo.

No, I enter only when there is already a trend. I don't anticipate, like you do.
And the trend is ALWAYS my friend, that's because of the definition of trend.
The trend always wins.
 
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