The Original Turtle Trading Rules

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.......Page 5
The Ugly Truth about the System Sellers......Page 6
Following RulesAs famous trader and father of t......Page 7
The Genesis of the Project......Page 8
Teachable"Trading was even more teachable than......Page 10
Entries – When to buy or sell......Page 13
Summary......Page 14
LiquidityThe primary criterion used to determine the futures that could be traded by the Turtles was the liquidity of the underlying markets.......Page 15
Volatility – The Meaning of N......Page 17
Dollar Volatility Adjustment......Page 18
Examples......Page 19
The Importance of Position Sizing......Page 20
Units as a measure of Risk......Page 21
Adjusting Trading Size......Page 22
Breakouts......Page 23
Adding Units......Page 24
Consistency......Page 25
Turtle Stops......Page 26
Stop Placement......Page 27
Alternate Stop Strategy – The Whipsaw......Page 28
Benefits of the Turtle System Stops......Page 29
These are Difficult Exits......Page 31
Entering Orders......Page 32
Simultaneous Entry Signals......Page 33
Rolling Over Expiring Contracts......Page 34
Finally......Page 35
The Shep’s Trading Rule“You can break the rules......Page 36
Trading Psychology......Page 37
Final Warning......Page 38