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Turtle Trading Strategy???!!! |
ANS_KOL White Belt
Joined: 16 Jul 2011 Posts: 84
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Post: #1 Posted: Wed Aug 03, 2011 7:48 pm Post subject: Turtle Trading Strategy???!!! |
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dear all,
few months back, i came to know about this strategy, which, i guess is a trend following system.
i followed a trend following positional strategy throughout 2010, and that erode 20% of my trading capital in a single year.
i followed this strategy religiously, without applying mind, traded like a machine, as i always believed that the mind is the strongest enemy of a trader, which tries to predict the future moves of the market.
and excuse me friends, i believe we are too small people to predict the motion of the huge indian stock market, so better to follow the trend.
may be i lost money because in 2010, too many whipsaws were there except sep oct time.
in other years it may produce 40- 50% return. who knows?
any idea about turtle trading strategy, FOR YEARS IT HAS BEEN PROVED AS ONE OF THE BEST STRATEGY FOR CONTINUOUS GROWTH OF YOUR CAPITAL, anybody in the forum? kindly post and share it with us all.
thanks.
ANS. |
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pattiboy02 White Belt
Joined: 16 Mar 2009 Posts: 220
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Post: #2 Posted: Wed Aug 03, 2011 9:25 pm Post subject: Re: Turtle Trading Strategy???!!! |
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ANS_KOL wrote: | dear all,
few months back, i came to know about this strategy, which, i guess is a trend following system.
i followed a trend following positional strategy throughout 2010, and that erode 20% of my trading capital in a single year.
i followed this strategy religiously, without applying mind, traded like a machine, as i always believed that the mind is the strongest enemy of a trader, which tries to predict the future moves of the market.
and excuse me friends, i believe we are too small people to predict the motion of the huge indian stock market, so better to follow the trend.
may be i lost money because in 2010, too many whipsaws were there except sep oct time.
in other years it may produce 40- 50% return. who knows?
any idea about turtle trading strategy, FOR YEARS IT HAS BEEN PROVED AS ONE OF THE BEST STRATEGY FOR CONTINUOUS GROWTH OF YOUR CAPITAL, anybody in the forum? kindly post and share it with us all.
thanks.
ANS. |
Dear
link below might be helpful..........
http://www.investopedia.com/articles/trading/08/turtle-trading.asp#axzz1TytSMG3x
pattiboy |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #3 Posted: Wed Aug 03, 2011 9:32 pm Post subject: |
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ANS
I do have some literature on it. I will try to post the gist and references also for you in due course.
RK |
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