|
The Complete
TurtleTrader: The Legend, the Lessons,
the Results
by Michael W. Covel
Richard Dennis, "the Prince of the
Pits," a man who'd already made a fortune
on the Street, was convinced that great
trading wasn't a gift from God, but
something that could be taught to anyone.
So one day he made a bet with his partner,
and ran a classified ad in the Wall
Street Journal looking for trainees.
And he didn't just hire finance
professionals: his trainees -- who became
known as the "Turtles" -- included an
actor, a security guard, two professional
blackjack players, a pianist, a fantasy
game designer, and others. After two weeks
of training, he set them loose, with a $1
million bankroll each to invest as they
chose, and the right to keep a share of
their trading gains for themselves, as
long they adhered to the Turtle system. By
the time the program ended, Dennis and his
partner had made over $120 million -- from
trades made by complete novices. Many of
these Turtles then went on to trade for
themselves, and some are among the top
investors operating today.
As fascinating as Dannis and the
Turtles' story is, Covel doesn't stop
there. He lays out, in detail, the exact
system the Turtles used to reap their
millions. And because the Turtle system is
a form of so-called technical investing,
meaning the Turtles weren't concerned
about the fundamentals of the investments
they made, it is an investing strategy
where a Wall Street operator, plugged into
the second&endash;by&endash;second madness
of finance, has NO advantage over an
ordinary investor. And Covel takes us
step&endash;by&endash;step through all the
details needed to apply this at home.
Read
Dr. Dolhenty's Review of this
Book
Order
at Amazon.com - Order
at Powell's Books
|
|