文档介绍：Fighting the scams, frauds and charlatans
The Original
Turtle Trading Rules
The Original Turtle Trading Rules
2003
Table of Contents
Examples 15
FOREWORD The Importance of Position Sizing 16
Free Rules? Are you kidding? 1 Units as a measure of Risk 16
The Origin of the Free Rules Project 1
The Ugly Truth about the System Sellers 2 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 Consistency 21
The Turtle Experiment 6
CHAPTER 5
CHAPTER 1 Stops 22
plete Trading System 8 Turtle Stops 22
ponents of plete System 9 Stop Placement 23
Markets 9 Alternate Stop Strategy – The Whipsaw 24
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 Fast Markets 29
Position Sizing 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?
ou probably asked yourself the same questions: “Why would anyone give
away the rules to the original Turtle Trading System? How can I be sure that
Y 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.
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 regard