Under the Radar

If you were to put alltrend following modelsside by side, you wouldprobably find that mostmade profits andincurred losses in thesame markets.They were all lookingat the same chartsand obtaining thesame perception ofopportunity.1

My second book, The Complete TurtleTrader, was the true story of a group of novices who were hired in the early 1980s and trained to be trend following traders by one of the legendary traders of all time—Richard Dennis. They were nicknamed the Turtles. Many of them still trade today and are acknowledged to be some of the best trend traders around. This is actually grounded in a real-life experiment like in the film Trading Places—taking people off the street and turning them into millionaires.

There was ...

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