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The Complete TurtleTrader: How 23 Novice Investors Became
Overnight Millionaires
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The Complete TurtleTrader: How 23 Novice Investors Became
Overnight Millionaires
BOOK DETAIL
File Size: 3544 KB Print Length: 252 pages Publisher: HarperCollins e-books (October 13, 2009)
Publication Date: October 13, 2009 Sold by: HarperCollins Publishers Language: English ASIN:
B000W94CZ8 Text-to-Speech: Enabled
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Book Description
"This is the true story behind Wall Street legend Richard Dennis, his disciples, the Turtles, and
the trading techniques that made them millionaires. What happens when ordinary people are
taught a system to make extraordinary money? Richard Dennis made a fortune on Wall Street by
investing according to a few simple rules. Convinced that great trading was a skill that could be
taught to anyone, he made a bet with his partner and ran a classified ad in the Wall Street Journal
looking for novices to train. His recruits, later known as the Turtles, had anything but traditional
Wall Street backgrounds; they included a professional blackjack player, a pianist, and a fantasy
game designer. For two weeks, Dennis taught them his investment rules and philosophy, and set
them loose to start trading, each with a million dollars of his money. By the time the experiment
ended, Dennis had made a hundred million dollars from his Turtles and created one killer Wall
Street legend. In The Complete TurtleTrader, Michael W. Covel, bestselling author of Trend
Following and managing editor of TurtleTrader.com, the leading website on the Turtles, tells their
riveting story with the first ever on the record interviews with individual Turtles. He describes
how Dennis interviewed and selected his students, details their education and experiences while
working for him, and breaks down the Turtle system and rules in full. He reveals how they made
astounding fortunes, and follows their lives from the original experiment to the present day. Some
have grown even wealthier than ever, and include some of today's top hedge fund managers.
Equally important are those who passed along their approach to a second generation of Turtles,
proving that the Turtles' system truly is reproducible, and that anyone with the discipline and the
desire to succeed can do as well as-or even better than-Wall Street's top hedge fund wizards. In an
era full of slapdash investing advice and promises of hot stock tips for ""the next big thing,"" as
popularized by pundits like Jim Cramer of Mad Money, the easy-to-follow objective rules of the
TurtleTrader stand out as a sound guide for truly making the most out of your money. These rules
worked-and still work today-for the Turtles, and any other investor with the desire and
commitment to learn from one of the greatest investing stories of all time." Please note that the
Kindle edition of The Complete TurtleTrader contains tables that may not display correctly.
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