turtlerules.pdf

(495 KB) Pobierz
Original Turtle Rules
Fighting the scams, frauds and charlatans
The Original
Turtle Trading Rules
313817417.002.png 313817417.003.png
ORIGINALTURTLES.ORG
The Original Turtle Trading Rules
2003 OrignalTurtles.org
313817417.004.png 313817417.005.png
Table of Contents
Examples
15
FOREWORD
Free Rules? Are you kidding?
The Importance of Position Sizing
16
1
Units as a measure of Risk
16
CHAPTER 4
Rules You Won’t Follow Don’t Matter
3
Entries
19
The Genesis of the Project
4
Breakouts
19
Adding Units
20
INTRODUCTION
The Turtle Experiment
Consistency
21
6
CHAPTER 1
A Complete Trading System
CHAPTER 5
Stops
22
8
Turtle Stops
22
Stop Placement
23
Markets
9
Position Sizing
9
Benefits of the Turtle System Stops
24
Entries
9
Stops
10
CHAPTER 6
Exits
10
Exits
26
Tactics
10
Turtle Exits
27
Summary
10
These are Difficult Exits
27
CHAPTER 2
CHAPTER 7
Markets
11
Tactics
28
Entering Orders
28
CHAPTER 3
Position Sizing
Fast Markets
29
13
Simultaneous Entry Signals
29
Volatility – The Meaning of N
13
Finally
31
Dollar Volatility Adjustment
14
Units
15
CHAPTER 8
Further Study
33
Trading Psychology
33
Money Management
34
Trading Research
34
ORIGINAL TURTLES
Foreword
f
Free Rules?
Are you kidding?
Why are some of the Original Turtles giving away Rules for which
others have charged thousands of dollars? Are these the actual
Original Turtle Trading System rules?
Y ou probably asked yourself the same questions: “Why would anyone give
The Origin of the Free Rules Project
This project had its seed in various discussions among a few of the original Turtles,
Richard Dennis, and others regarding the sale of the Turtle
Trading System rules by a former turtle, and subsequently, on a
website by a non-trader. It culminated in this document, which
discloses the Original Turtle Trading Rules in their entirety, free
of charge.
Why? Because many of us believed that we owed an obligation
to Richard Dennis not to reveal the rules, even after our contractual 10 year secrecy
pact ended in late 1993. For this reason, we did not look kindly upon the sale of those
rules by a former turtle.
Further, we saw the sale on the web site as crass and opportunistic intellectual property
theft, an act that, while technically not illegal, was certainly not honorable.
At the same time, having seen others try to follow these rules first-hand, I realized it
was unlikely that their publication would result in very many people actually learning to
1
away the rules to the original Turtle Trading System? How can I be sure that
these are the original Turtle Trading System rules as taught by Richard Dennis
and William Eckhardt?” The answer to these questions lies in the origin of
this project.
Richard Dennis and
William Eckhardt
were not consulted prior to
the marketing of the Turtle
Trading Rules and did not
benefit in any way from the
sale of the Turtle Rules they
developed.
313817417.001.png

Plik z chomika:

Inne pliki z tego folderu:

Inne foldery tego chomika:

Zgłoś jeśli naruszono regulamin