The way of the turtle

The Secret Methods that Turned Ordinary People into Legendary Traders

Hardcover, 288 pages

English language

Published Nov. 20, 2007 by McGraw-Hill.

ISBN:
978-0-07-148664-4
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3 stars (2 reviews)

"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-earningTurtle 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 …

3 editions

Subjects

  • Futures
  • Portfolio management