Turtles - Higher Intellect

No Forecasts
Trend following does not forecast markets or price levels. It is
reactive and systematic by nature and demands strong self-
discipline to follow the rules. It involves a risk management system
utilizing current market price, equity level in an account and current
market volatility. Initial risk evaluation determines the position size
at the time of entry. Changes in price may lead to a gradual reduction
or increase of the initial position. Adverse price movements may lead
to an exit for the entire position. Historically, trend following trader's
average profit per trade is significantly higher than the average loss
per trade.
The Legend: Richard Dennis
It was the most talked about trading seminar in the history of the
markets. In 1984, Richard Dennis taught his trading methodology to
● Blackjack
a group of students (neophyte non-traders) in a two-week seminar. A Psychology
year later, he repeated the process. Dennis' motivation for conducting
the sessions was to settle a dispute with his friend and business
partner William Eckhardt over whether trading skills could be taught.
Dennis strongly believed that trading abilities could be broken down
into a set of rules that could be passed on to others. Eckhardt believed
trading abilities had more to do with innate instincts.
Can the skills of a successful trader be learned? Or are they innate, some sort of
sixth sense a lucky few are born with? Richard Dennis, the legendary Chicago
trader, who turned a grubstake of $400 into $200 million in 18 years, has no
doubt. Following an experiment with a group of would-be traders recruited from
around the country, he's convinced trading can be learned. Over the past 1 1/2
Market Proof
● Performance
● Correlation 1 | 2 | 3 | 4
● Enron Debacle
● Barings Bank
● Metallgesellschaft
Clients
● Clients in 67 Countries
● Individual Clients
● Institutional Clients
● Education Needed
● Starting Capital
● The Right Client
● Pricing Rationale
● Why Teach?
● Upgrades/Discounts
● Customer Service
● Guarantee | Order
Trading Systems
● Trading Systems 1
● Trading Systems 2
● Trading Systems 3
● Indicator BS 1
● Indicator BS 2
● Trading Software
● No Curve-Fitting
● Risk v. Volatility
● Life Values & Risk
● Critical Thinking
● Money is Evil?
● Gen. Patton Speech
● Are You Rational?
● The Bet
● Myers-Briggs Testing
● Quotations