Turtles - Higher Intellect

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Disclaimer We can not promise you will earn like returns of the traders, charts or examples (real or hypothetical) mentioned within this site. All past performance is not necessarily an indication of future results. However, we can instruct you with Turtle trend following methods. Disclaimers HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Article Tools: ● Print this article ● Email this article ● What's New This Week? Related Material: ● Turtles in Market Wizards ● Free Email Newsletter ● Client Locations | MP3 Audio ● Order TurtleTrader Course Deutsch | Español | Français | Italiano | Nederlands | Português | Russian | | | Back to Top ^ © 1996-2003 TurtleTrader.com | Risk Notice and Disclaimers | Partners | Home
Home What's New Multimedia Free Newsletter Contact Site Map About Us ORDER NOW Site Shortcuts: The Turtles and Trend Following: An Introduction No. 1 Source for Trend Following Worldwide Est. 1996 | Clients in 67 Countries I know of a few millionaires who started trading with inherited wealth. In each case, they lost it all because they didn't feel the pain when they were losing. In those formative first years of trading, they felt they could afford to lose. You're much better off going into the market on a shoestring, feeling that you can't TurtleTrader Topics afford to lose. I'd rather bet on somebody starting out with a few thousand dollars Trend Following than on somebody who came in with millions....This is one of the few industries ● The Turtles where you can still engineer a rags-to-riches story. Richard Dennis started out ● FAQs ● Markets Changed? with only hundreds of dollars and ended up making hundreds of millions in less ● Why It Works & Skeptics than two decades - that's quite motivating. ● Money Management ● How Many Turtles? William Eckhardt ● Zero-Sum Trading ● Holy Grails Human beings, who are almost unique in having the ability to learn from the ● True/False Questions ● Losers Average Losers experience of others, are also remarkable for their apparent disinclination to do ● No Memory Trading so. ● Stocks v. Commodities ● Babe Ruth & Accuracy Douglas Adams ● What is & What is Not Market Wizards Trend following is based on analysis of price behavior in markets traded. It is not concerned with fundamental analysis of supply and demand or economic factors. Trend following was originally developed by an approach called blind testing. Blind testing simply means that the concept of trend following was constructed to trade a few markets at first. Once it proved successful on those markets, it was applied to many more. Over time, it has sustained its strength in changing marketplaces with continued success. Quick Site Tour New Visitors Tour TurtleTrader.com Endorsements All-Time Success Stories Guru Hype & Spin Free MP3 Audio ● Hall of Fame ● Richard Dennis ● John W. Henry ● Ed Seykota ● Bill Dunn ● Richard Donchian ● Ludwig von Mises ● Soros & Zero-Sum ● Jack Schwager
Page 1 and 2: Home What's New Multimedia Free New
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Page 7 and 8: 29. Ireland 30. Israel 31. Italy Sa
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Page 27 and 28: I never doubted that he gave me his
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Home What's New Multimedia Free New
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Holy Grails ● Warren Buffett ●
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Market Proof ● Performance ● Co
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Q. From a psychological standpoint,
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John: This was a logical evolution
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eginners and pros alike? Is it the
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Mulvaney Endorsement Endorsement of
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following system[s]. Congratulation
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German firm gave true insight. [Our
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comfort that people not just here,
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forth a GREAT product. Michael If y
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mistakes. I need some kind of syste
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Market Proof Street experiments eve
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Competitive Upgrades from Hype Prod
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trading as a trend follower. ● Th
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Article Tools: ● Print this artic
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● Ken Roberts questions: click he
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probabilty price cluster zones, lik
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positions close out within days or
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A: Trading is risky. You can lose a
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performance. Hardware and Software
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was what propelled me to write the
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Turtle system gives you a perspecti
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have the guts to play the game. The
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just another example of good busine
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The wisest man TurtleTrader knows h
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● If you are on a losing streak d
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to $2500 on a particular stock or c
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6. People would branch out from wha
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proper bet size and risk management
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29. Vacations are important for tra
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Market Proof an active money manage
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of money they have. Suppose A has 1
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With all the market's recent ups an
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No ● Turtle trading allows anyone
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John W. Henry President, John Henry
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A. After graduating high school, I
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Doubt us? Use Dunn Capital as a pro
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● Barings #1 ● Barings #2 ● 1
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Ed Seykota Trading as a trend follo
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Disclaimer Article Tools: ● Print
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can't be ordered to give you a stea
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But, if the students of Richard Den
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4. He who disdains the fall in infa
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presented to man by nature. The pro
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34. Human civilization is not somet
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untenability of their own doctrines
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58. Government and state can never
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don't offer more than an introducti
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that could not be encapsulated in a
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Eventually, your winning streak end
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complex for practical application t
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industry magazine or go to a trade
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Well, offered the balloonist, every
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instead. This person is worse off t
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Market Proof Note: if fees were not
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etirement coincides with a bear mar
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July Contract ● Deutschmark move
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© 1996-2003 TurtleTrader.com | Ri
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Backtest This section is a detailed
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some aspects of how they traded. Th
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2. Trade it the right way as intend
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over companies and money managers a
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neutral. On Jan. 28, Global Crossin
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positive spin on it they can, says
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characteristic. Confidence. In othe
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To take a risk is indeed to plunge
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An Excerpt from Fred Schwed's Class
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adhere. egocentric oversimplificati
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notice a curious situation at Dunn.
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adapt your style. Peter Borish: Tom
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Tom Baldwin: That is the key thing,
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market. Sometimes a discretionary t
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900 and 5 ticks against me, turns o
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ig position or not a big position,
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everything else. One thing I can sa
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industry is much more business like
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have done it without all the other
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Quarters are not real: They are art
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you do not consider volatility dail
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Why the Trend is Not Your Friend By
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accept any of what Niederhoffer say
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TurtleTrader comment: If this the t
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TSS: Tell us Victor, what are some
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that foreigners are just beginning
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the opposite side of your trades an
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probably know that I don't make sto
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Post Co. There is nothing simple ab
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The perfect sell started with the p
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The stock continued to blaze throug
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ich valuation. TurtleTrader comment
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need a constant supply of losers in
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Market Proof way or another (and no
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skewed view of reality results in m
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Cramer's Troubles Could Get Worse H
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Deutsch | Español | Français | It
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could look at stocks that have move
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Here's the problem with the Beautif
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looked at Enron, it comes down to t
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40. .fj (Fiji) 41. .fi (Finland) 42
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96. .pg (Papua New Guinea) 97. .pe
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murdoch.edu.au ● Monash Universit
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● Dresdner Kleiwort Benson dresdn
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Campbell 1.8 1.6 11.7 10.8 (4.3) Ch
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now it becomes very difficult for C
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time in the same markets. What does
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other trend followers please send e
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metaphor for many of the sins of mo
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Lawsuits may uncover wrongdoing, bu
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successfully. Correlation 101 Why m
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timing is not significant, trend fo
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(13.8) 19.4 35.8 Diversified $132 $
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understanding of who won and how? I
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Examine the crude oil chart and the
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Turtles were there as usual collect
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Who trades as a trend follower? Who
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● Breakout Study What banks and h
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Dale Dellutri Executive at Dennis'
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maximize their profit potential, po
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another firm or site that will tell
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plus additional trend following les
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If you are not satisfied at the end
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● Seeking to trade as a trend fol
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Myers-Briggs® Personality Testing
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optimized, but they do incorporate
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a priori - why something works in a
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losing. ● Remember that break-eve
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9. Equalize risk: Allocate the fixe
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apparent, and then in one telephone
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Turtle trading is not based on supp
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trend progresses is what we mean by
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market. Unfortunately, support and
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Avid readers of the TurtleTrader si
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● BASIC programming language (use
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not the downside. Turtles cut their
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Procedures for Applying Criteria: O
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Deadening Questions Create Dead Min
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Kurland, Daniel J. I Know What It S
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Schumm, J. S. and Post, S. A. Execu
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Market Proof you by force. Money is
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money corrupted him. Did it? Or did
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doomed. Money is so noble a medium
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voices between them. There were peo
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If asked how much money they would
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Market Proof ● Performance ● Co
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Albert Szent-Gyorgyi Future shock [
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think -- rather to improve our mind
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It's kind of fun to do the impossib
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anything simply because it is found
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Vince Lombardi Winning is not a som
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Agnes de Mille Life shrinks or expa
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Act like an Accountant: Keep track
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avoids...emotionally unnerving inde
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Market Proof Geometric Progression.
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Holy Grails losses and whipsaws wit
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ad day's work? Obviously, GAP had a
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Ideally, you wake up knowing exactl
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I am a new client - and a very impr
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More Enron Articles Article Tools:
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is a numbers game: knowing the risk
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my new friend Mr. M. Call. How coul
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This is precisely why Turtle trend
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This reporter did end up spinning a
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The effect has been that record low
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She berated us for not giving day t
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Microstrategy (MSTR) example. We've
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or Merrill Lynch's Henry Blodget ca
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contrary. Even if the data isn’t
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What are some core concerns of the
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general public still hungers for th
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hypothetical value of $1000 investe
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The true believer - is often an old
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hook to draw in commission dollars?
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Why do large, respected brokerages
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● Moon Phases ● Neural Networks
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trading, I opened an online account
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shares ● Scalping on market noise
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● Richmonds (UK traders) question
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can Motley Fool make a difference i
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price fluctuations is the most effe
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priceless. Most of my big losses oc
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A fantastic read on human psycholog
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paid on the income, interest earned
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independence. Committee of trust pr
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without bounds. Foreign. May be uti
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International financial and banking
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Mutual Legal Assistance Treaty (MLA
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SIPC. The Securities Industry Prote
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protector's. Trustee. A person tota
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Informational Content in Historical
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Unsubscribe Instructions 1. Compose
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Beim Trend Following werden weder M
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Trading in einige Regeln gefasst un
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nur darum kümmern, wie sich der Ma
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maximale Gewinne erzielen. Bei der
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"Conozco algunos millonarios que co
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argumentaban que sus técnicas eran
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servirle para invertir? ● ¿Cuál
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● Endosos Mediante el sistema de
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Le suivi de tendances ne prédit pa
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Richard Dennis a gagné le pari qu
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fondamental est la gestion financi
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disponibles qu’en anglais. Articl
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finanziari grazie alle ricchezze er
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soprattutto, alla disciplina con cu
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Uno dei primi concetti che vengono
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Le istruzioni Turtle Trader consent
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geld. In alle gevallen verloren ze
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zijn eigen antwoord veel eenvoudige
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eslissing denkt. ● Wat zijn een a
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verhandelen als aandelen in de Aust
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O acompanhamento de tendências nã
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instintos inatos, que não poderiam
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um mercado extremamente alto, nem v
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Solicite o curso da TurtleTrader: C
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ìèðîâîãî ñîîáùåñòâ
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Turtles "Ìîæíî ëè íàó÷è
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Ðè÷àðä Äåííèñ îäåð
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áóäåò ïðîèñõîäèòü,
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ñîñòàâëÿþò èíäåêñ F
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ÁöÇ¥¸¦ ±¸¼ºÇÏ´ÂÁö,
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© 1996-2002 TurtleTrader All Right
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past performance. However, the long
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accuracy, or otherwise reviewed by
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