The Turtles System
The turtles' strategy which is a trend-based strategy proved that ordinary people from all walks of life can make good money from trading only they have to strictly follow the rules and don't let their emotions and impulses intervene with those rules.
The experiment started as a debate between Mr Richard Denni and a friend trader Mr. William Eckhardt; whether great traders are made or born.
Naming the participants of the xperiment "turtles" came from the place where Dennis and Eckhardt stood when the long-running debate took place which was a turtle farm in Singapore. Dennis reportedly blurted out, “We’re going to raise traders like they raise turtles in Singapore.”
The system and the formula which is outlined here are derived from the book written by the most successful turtles traders Mr. Curtis M. Faith Way of the turtle by Curtis M. Faith Where he explained how he and other 22 ordinary people from all walks of life had been trained by Dennish and Eckhardt in just 2 weeks and became extraordinary traders.