The Complete TurtleTrader by Michael W Covel

The Complete TurtleTrader by Michael W Covel

Richard Dennis, 'the Prince of the Pits', a man who'd already made a fortune on the Street, was convinced that great trading wasn't a gift from God, but something that could be taught to anyone. So one day he made a bet with his partner, and ran a classified ad in the "Wall Street Journal" looking for trainees. And he didn't just hire finance professionals: his trainees - who became known as the 'Turtles' - included an actor, a security guard, two professional blackjack players, a pianist, a fantasy game designer, and others. After two weeks of training, he set them loose, with a $1 million bankroll each to invest as they chose, and the right to keep a share of their trading gains for themselves, as long they adhered to the Turtle system.By the time the program ended, Dennis and his partner had made over $120 million - from trades made by complete novices. Many of these Turtles then went on to trade for themselves, and some are among the top investors operating today. As fascinating as Dannis and the Turtles' story is, Covel doesn't stop there. He lays out, in detail, the exact system the Turtles used to reap their millions. And because the Turtle system is a form of so-called technical investing, meaning the Turtles weren't concerned about the fundamentals of the investments they made, it is an investing strategy where a Wall Street operator, plugged into the second-by-second madness of finance, has no advantage over an ordinary investor.And Covel takes us step-by-step through all the details needed to apply this at home. In "Turtletrader", Michael W. Covel, author of "Trend Following" and managing editor of TurtleTrader.com, tells the riveting story of the Turtles, their selection, their training, how they made (and lost) astounding fortunes, and certainly not least, the tools readers will need to start trading like Turtles themselves.

"Tells the 'real stories' rather than just the glossy good bits-a thoroughly good read" -- Your Trading Edge "This warmly written book brilliantly captures the formation and evolution of the legendary Turtle investment program. It is loaded with wonderful anecdotal insights plus lessons on trading, risk, and life we should all follow. It should be on any novice or seasoned trader's bookshelf alike. A must read!" -- Michael Shannon, Original Turtle

Michael W. Covel is the author of the bestselling book Trend Following, now in its seventh printing and translated into eight languages. Covel speaks regularly on the subject of trading and is managing editor of TurtleTrader.com, the leading news and commentary resource on insights into the Turtles. He lives in California.

SKU	Nicht verfügbar
ISBN 13	9780061241710
ISBN 10	0061241717
Titel	The Complete TurtleTrader
Autor	Michael W Covel
Buchzustand	Nicht verfügbar
Bindungsart	Paperback
Verlag	HarperCollins Publishers Inc
Erscheinungsjahr	2009-03-15
Seitenanzahl	288
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis	Nicht verfügbar