Why does an ad a generation ago matter today? Nothing can prove this concept more than the story of the Turtle Traders. However, the legend of the Turtle Traders is one of the most remarkable trading success stories in all of history. Note: TurtleTrader.com® is the only location for the complete Turtle story and rules–since 1996. In 1983, two commodity traders, Richard Dennis and Bill Eckhardt, got into a heated debate on whether being a good trader was a product of genes or if it could be taught. T his is the story of how a group of ragtag students, many with no Wall Street experience, were trained to be millionaire traders. One individual who answered that ad is a billionaire trend following trader … The National Enquirer version of the story was captured in 1989 by a Wall Street Journal headline, “Can the skills of successful trading be learned? They selected 10 people (turtles) with little to no prior trading experience and turned them into winning traders by providing them with a set of very precise trading rules.

Imagine seeing this want ad buried in the back of Barron’s classifieds in 1983 by the Richard Dennis Trader Group: The original Advertisement looking for his Turtles. The Richard Dennis Story, an Introduction to Turtle Trading. Stream 067: The Turtle Traders story, following major trends, and managing investors money w/ Jerry Parker by Chat With Traders from desktop or your mobile device

Richard Dennis and Bill Eckhardt The Complete TurtleTrader. If nothing else, it proves that sticking to a proven strategy can—and will—get results, even for a “ragtag” bunch of novice traders with no prior experience. Learn How Wall Street’s Richard Dennis and his Disciples, the Turtles, became some of Wall Street's Top Players. Along with partner William Eckhardt, Dennis was co-creator of the mythical Turtle Trading experiment. Michael Covel’s Turtle trading efforts span interviews with the most successful TurtleTrader, Jerry Parker , to his bestselling book The Complete TurtleTrader . Turtle Channel: A trading band created by plotting the highest and lowest prices of an asset over a certain time period around the price of that asset. For those who don’t know, Jerry is one of the original widely-recognized, Turtle Traders. However, a number of turtles (e.g., Jerry Parker of Chesapeake Capital, Liz Cheval of EMC, Paul Rabar of Rabar Market Research, Tom Shanks of Hawksbill Capital Management, Howard Seidler of Saxon Investment Corporation, Jim DiMaria of JPD Enterprises, Inc.) began and continued careers as successful commodity trading managers, using techniques similar, but not identical, …
Essentially, if a turtle amassed a position in a high volatility market, it would be offset by a position in a lower volatility one. They would adjust the size of their position based on the volatility of the asset. Successful traders are made, not born.
It’s an interesting story and you’ll hear more about this in just a … In The Complete TurtleTrader, Michael W. Covel tells their riveting story with the first ever on-the-record interviews with individual Turtles. The Turtle Traders story Richard Dennis and his Turtle Traders reportedly transformed $1,600 into $200 million in ten years!

The Turtle Experiment Eckhardt believed that successful trading cannot be taught because either a person is born with the skills or not. The Turtle Traders used a sophisticated position sizing algorithm. The Turtles were a small (somewhat secretive) group of traders who were mentored and trained by Richard Dennis, a big time commodities trader, in the 80’s. The Richard Dennis Story, an Introduction to Turtle Trading. If you want to know how this timeless nurture trumping nature story can work for you today…. For those who don’t know, Jerry is one of the original widely-recognized, Turtle Traders. For those who aim to live life off the charts , we’ll provide informative, entertaining and aspirational content for traders to enjoy during those well-needed breaks away from the screens. By traders, for traders, TraderLife offers insight into the life of the modern-day trader. Imagine seeing this want ad buried in the back of Barron’s classifieds in 1983 by the Richard Dennis Trader Group: The original Advertisement looking for his Turtles.