|
|
Tuning up the turtle
|
AT-February 2010-1
|
|
Dissecting the original Turtle strategy illustrates the difficulty of designing a system that can perform consistently over decades.
|
Detailed Description
Do markets change? Is it necessary to undertake continued research and development and adapt a trend-following system to maintain its profitability over the years?
To attempt to answer these questions, the following study tracks the strategy of the “Turtles,” a group trained by legendary traders Richard Dennis and Bill Eckhart in the 1980s. The Turtles were used to conduct an experiment about whether it was possible to teach people to become successful traders.
|
|
|