The Complete TurtleTrader
How 23 Novice Investors Became Overnight Millionaires
by:
Michael W. Covel
in:
Investing
Summary:
The book chronicles the true story of how legendary commodities trader Richard Dennis taught a group of novices his investment strategies, which led them to achieve significant wealth. It delves into the principles of the trend-following system they used and the psychological aspects of trading and risk management.
Key points:
1. Systematic Trading: The book stresses the need for rule-based trading to minimize emotional decisions and increase consistency. The Turtles strictly followed a specific system.
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