Summaries and Customer Reviews are supplied by Amazon.com

�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

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• 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.

Average Customer Rating:

The Best Book About Trading	Customer Rating:
This is the best book about trading I have read. Specially good for all of you who are interested in developing a MECHANICAL TRADING SYSTEM.

Being A Turtle Doesn't Mean You Are Slow

Customer Rating:

Take a group of intelligent people, teach them a classic trend following trading system, give them some money to trade, and what do you have? One of the most fascinating trading stories ever told. This book is an eyewitness account of the story of the Turtles, told by the most successful of the bunch. And while the book does not go into details about the story it does something better- it explains how they made money and how anyone can use their strategies to make money as well as or better than they did. The author not only details the systems used by the turtles but also describes how systems work, why they work, the problems with system testing, and how to effectively create your own trading system. The story of the turtles begins in chapter 2 and is continued throughout the book. Part story, part trading text book, the author has done a great job explaining how to trade well using simple systems. If the reports are correct, the author made $31 million while trading as a turtle and several turtles are still make millions managing large hedge funds using the same strategies explained in the book. The four main points of the Turtle Class: 1. Trade With An Edge: have a positive expectation. 2. Manage Risk: control risk so you can continue to trade 3. Be Consistent: execute your plan 4. Keep it Simple: catch every trend Think Like a Turtle 1. Trade in the present 2. Think in terms of probabilities not prediction 3. Take responsibility for your own trades. This book belongs in every trader's library even if you do not trade using a system. But after reading the arguments for systems, I cannot imagine why anyone would do so without one, or several. This book, along with Trade Your Way to Financial Freedom has helped me create the 3 systems that I trade. Not only has trading with systems made me more money, it has lowered my risk and helped me sleep better at night. If you want to read more of my reviews of stock trading and investment books, you can get them[...]

Interesting account of the mysterious turtle technique	Customer Rating:
I first read about the turtles in Market Wizard and was excited when I saw this book. Well written book which covers what makes the author(a turtle) successful and also the turtle trading system.

Great book on Trading

Customer Rating:

This book makes you think differently about trading stocks. It follows the approach of the Turtles, a straightforward and rigid method of systems trading. This is NOT a book about INVESTING in stocks but rather about short and medium term trading futures markets. This book would be helpful for anyone interested in learning how to or in advancing their skill in day trading, technical analysis, and systems trading, with an emphasis on the psychological factors that affect performance. Five stars!

If you trade the market you MUST read this book

Customer Rating:

I won't repeat what has already been said so well by the many reviewers who found incredible value in this book, as I have. I simply want to emphasise the importance of this book for its insight and valuable lessons into the psychology of trading. I have been trading the markets now for about 6 months, and almost every day, I come back to this book in my mind and remember the lessons it taught me, including the SINGLE MOST VALUABLE FACT ABOUT TRADING: you will likely lose on MOST of your trades, yet this is essential to winning in the market! It seems counterintuitive, especially if you have seen ads from the hypesters and hipsters who promise to give you tips that are "89% accurate" and so forth. Mr. Faith's extensive work with testing trading systems using modern computerized simulation techniques virtually proves that you cannot successfully make money with systematic trading systems unless you get in the game, stay in the game, and follow the rules of the game. This means most of your trades will LOSE MONEY, but not very much money. The few times that you do actually realize a profit will more than make up for the many times you don't, and that's the key, right there! There's a lot more in this book, but for me, this is the biggest takeaway -- how to manage your money and follow your system so you can amass a fortune even while losing on most of your trades! How liberating is THAT concept? It's everything!