A Successful Time-Tested Trading Method Finally Revealed!
Many believe the Turtle trading
program started by Richard Dennis is, by any measure, one of the
greatest success stories in the entire history of trading.
Here's a brief background: Richard Dennis was a successful (he turned
a $400 family loan into $200 million!) Chicago trader and money
manager who firmly believed that successful trading methods could be
taught. His partner disagreed. Dennis then went out and recruited 14
people - some of whom had NO trading experience - and taught them
his trading methods. He called them his "Turtles" and, after a brief
training period, they went on to become masters of the markets.
By one estimate, the Turtles made Richard Dennis over $200 million in
profits, while earning $35 million for themselves. But that was then
and this is now. What have they done lately?
In 1989, a (soon to become famous and often quoted) article was written by Stanley Angrist in the Wall Street Journal, pointing out that the Turtles as a group for the past five years (meaning 1984-1989) had earned $35 million dollars for themselves, as their percentage of the $175 million they made for their employer (Richard Dennis). The author thought that was a lot of money back then, and really spoke to superior performance by these young traders, compared to all the rest of the financial industry. Was this just a few years of lucky trading, or would this famous 'experiment' continue to stand the test of time?
Well, let's fast forward almost 25 years later. According to Autumn Gold, an independent rating service of money managers there are eight members of the original famous Turtles group of traders registered as C.T.A.'s who are still managing public money. Their cumulative assets under management are currently over two billion dollars of customer money.
Please note: The performance results of the other turtle traders are not necessarily indicative of "The Turtle System" being offered for sale on this website. Rather, the hypothetical trading results found by visiting the link to the System Performance page are a better indication of how the Turtle System may have performed as a whole. The Turtle Course as taught and sold here is NOT a completely mechanical system, and does allow for a certain amount of discretionary judgment by users. Clients who purchased and traded the Turtle system have had widely varying results, including both better and worse than the returns posted. Please also note that all trading is risky, and past performance is not indicative of future results...