• The turtles were advised to use stops when placing orders, they were advised to watch the market and enter orders when the price hit stop prices.
  • In general, it is better to place a limit order than market orders, as limit orders have the chance to better fills and have less slippage than market orders.
  • When markets move fast, don’t panic and place market orders and they are advised to wait till the market stabilizes. If the market stabilizes at a point that is past the stop price they would get out of the market.
  • Have to wait till their entry points are reached even if this took many days. If there are many simultaneous entry signals they would buy the strongest market and short the weakest markets.