[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Turtle Trading System



PureBytes Links

Trading Reference Links

And years ago they also busted my discretionary account using their
system.
Norm Wiss
cutup2@xxxxxxxx
----- Original Message -----
From: "Ross Kovacs" <rossrk@xxxxxxxxxxxxxx>
To: "Metastock List" <metastock@xxxxxxxxxxxxx>
Sent: Saturday, August 25, 2001 5:27 PM
Subject: Turtle Trading System


> 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.
>