9780071486644-007148664X-Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders

Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders

ISBN-13: 9780071486644
ISBN-10: 007148664X
Edition: 1
Author: Curtis Faith
Publication date: 2007
Publisher: McGraw-Hill
Format: Hardcover 288 pages
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Book details

ISBN-13: 9780071486644
ISBN-10: 007148664X
Edition: 1
Author: Curtis Faith
Publication date: 2007
Publisher: McGraw-Hill
Format: Hardcover 288 pages

Summary

Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders (ISBN-13: 9780071486644 and ISBN-10: 007148664X), written by authors Curtis Faith, was published by McGraw-Hill in 2007. With an overall rating of 4.5 stars, it's a notable title among other Economics (Investing) books. You can easily purchase or rent Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders (Hardcover) from BooksRun, along with many other new and used Economics books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $1.82.

Description

“We're going to raise traders just like they raise turtles in Singapore.”

So trading guru Richard Dennis reportedly said to his long-time friend William Eckhardt nearly 25 years ago. What started as a bet about whether great traders were born or made became a legendary trading experiment that, until now, has never been told in its entirety.

Way of the Turtle reveals, for the first time, the reasons for the success of the secretive trading system used by the group known as the “Turtles.” Top-earning Turtle Curtis Faith lays bare the entire experiment, explaining how it was possible for Dennis and Eckhardt to recruit 23 ordinary people from all walks of life and train them to be extraordinary traders in just two weeks.

Only nineteen years old at the time-the youngest Turtle by far-Faith traded the largest account, making more than $30 million in just over four years. He takes you behind the scenes of the Turtle selection process and behind closed doors where the Turtles learned the lucrative trading strategies that enabled them to earn an average return of over 80 percent per year and profits of more than $100 million. You'll discover

  • How the Turtles made money-the principles that guided their trading and the step-by-step methods they followed
  • Why, even though they used the same approach, some Turtles were more successful than others
  • How to look beyond the rules as the Turtles implemented them to find core strategies that work for any tradable market
  • How to apply the Turtle Way to your own trades-and in your own life
  • Ways to diversify your trading and limit your exposure to risk

Offering his unique perspective on the experience, Faith explains why the Turtle Way works in modern markets, and shares hard-earned wisdom on taking risks, choosing your own path, and learning from your mistakes.

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