Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders: The Secret Methods that Turned Ordinary People into Legendary Traders
“We're going to raise traders just like they raise turtles in Singapore.”
So trading guru Richard Dennis reportedly said to his long-time friend William Eckhardt nearly 25 years ago. What started as a bet about whether great traders were born or made became a legendary trading experiment that, until now, has never been told in its entirety.
Way of the Turtle reveals, for the first time, the reasons for the success of the secretive trading system used by the group known as the “Turtles.” Top-earning Turtle Curtis Faith lays bare the entire experiment, explaining how it was possible for Dennis and Eckhardt to recruit 23 ordinary people from all walks of life and train them to be extraordinary traders in just two weeks.
Only nineteen years old at the time-the youngest Turtle by far-Faith traded the largest account, making more than $30 million in just over four years. He takes you behind the scenes of the Turtle selection process and behind closed doors where the Turtles learned the lucrative trading strategies that enabled them to earn an average return of over 80 percent per year and profits of more than $100 million. You'll discover
Offering his unique perspective on the experience, Faith explains why the Turtle Way works in modern markets, and shares hard-earned wisdom on taking risks, choosing your own path, and learning from your mistakes.
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LibraryThing ReviewUser Review - knightlight777 - LibraryThing
A fairly good book on trading concepts and mindsets. Curtis Faith being one of the original and more successful of the Turtle group. Some criticism of special treatment had been leveled at him of ... Read full review
Book follows a neophyte trader, that got into the inner circle of traders which uses discipline as a tenet for trading. Emphasizes that the most successful traders were the most disciplined traders.
Taming the Turtle Mind
The First 2 Million is the Toughest
Think Like a Turtle
Trading with an Edge
Falling Off the Edge
By What Measure?
Risk and Money Management
Lies Damn Lies and Backtests
On Solid Ground
Mastering Your Demons
Original Turtle Trading Rules
TurtleStyle Building Blocks
TurtleStyle Trading Step by Step