A mathematical way to measure a market's daily range, ensuring they never risked more than 2% of their total account on a single trade. The Results
They traded everything from gold and oil to coffee and currencies to ensure they caught a trend somewhere.
Many Turtles went on to start their own hedge funds, managing billions of dollars using the same core principles taught in that 13-day training session.
They removed all emotion. If the price hit a certain "breakout" point, they bought or sold without question.
💡 Success in the markets isn't about "genius" or "gut feelings"—it’s about having a disciplined system and the iron will to follow it even when you’re losing money. If you’d like to dive deeper, I can provide: The exact entry/exit rules the Turtles used.
In just a few years, the group of "average" people—including a professional backgammon player and a fantasy game designer—earned over $100 million for Dennis.
The book by Michael Covel tells the story of the 1983 experiment where Wall Street legend Richard Dennis bet that anyone could be taught to trade successfully. 🐢 Feature Title: The $400 Million Experiment The Core Narrative
A mathematical way to measure a market's daily range, ensuring they never risked more than 2% of their total account on a single trade. The Results
They traded everything from gold and oil to coffee and currencies to ensure they caught a trend somewhere.
Many Turtles went on to start their own hedge funds, managing billions of dollars using the same core principles taught in that 13-day training session.
They removed all emotion. If the price hit a certain "breakout" point, they bought or sold without question.
💡 Success in the markets isn't about "genius" or "gut feelings"—it’s about having a disciplined system and the iron will to follow it even when you’re losing money. If you’d like to dive deeper, I can provide: The exact entry/exit rules the Turtles used.
In just a few years, the group of "average" people—including a professional backgammon player and a fantasy game designer—earned over $100 million for Dennis.
The book by Michael Covel tells the story of the 1983 experiment where Wall Street legend Richard Dennis bet that anyone could be taught to trade successfully. 🐢 Feature Title: The $400 Million Experiment The Core Narrative