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Turtle Trading System



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I purchased a videotape of a Russell Sands seminar.
I was disappointed (maybe I shouldn't be since the tape was only $70)
because all it had was his version of the Turtle system.

In the tape, he describes it as

BUY LONG
Enter - Highest high of the past 20 days
Exit  - Lowest CLOSE of the past 10 days

SELL SHORT
Enter - Lowest low of the past 20 days
Exit  - Highest CLOSE of the past 10 days

He claims on the tape that he uses these values on all futures markets.
He says anything else to him is "curve fitting."

He mentions on the tape that the money management system is the key, not the
entry and exit.
He did not give the money management system on the $70 videotape.
You have to buy the more expensive "advanced" course to get that.

I've been told that both Russell Sands and Richard Dennis busted out using
the original system.  Both have started over, with possibly modified
systems.