{"product_id":"the-complete-turtletrader-the-legend-the-lessons-the-results","title":"The Complete TurtleTrader: The Legend, the Lessons, the Results by Michael W. Covel","description":"\u003ch2\u003eThe Complete TurtleTrader: The Legend, the Lessons, the Results by Michael W. Covel\u003c\/h2\u003e\n\u003cp data-path-to-node=\"0\"\u003e\u003cb data-path-to-node=\"0\" data-index-in-node=\"0\"\u003e\"The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires\"\u003c\/b\u003e—published by \u003cb data-path-to-node=\"0\" data-index-in-node=\"96\"\u003eHarperCollins\u003c\/b\u003e (2007)—is a definitive journalistic and technical history compiled by trend-following advocate \u003cb data-path-to-node=\"0\" data-index-in-node=\"205\"\u003eMichael W. Covel\u003c\/b\u003e.\u003c\/p\u003e\n\u003cp data-path-to-node=\"1\"\u003eThe book chronicles one of the most legendary social experiments in financial history: the 1983 wager between iconic Chicago commodities traders \u003cb data-path-to-node=\"1\" data-index-in-node=\"145\"\u003eRichard Dennis\u003c\/b\u003e and \u003cb data-path-to-node=\"1\" data-index-in-node=\"164\"\u003eWilliam Eckhardt\u003c\/b\u003e. Dennis believed that world-class trading skill could be reduced to a repeatable set of rule-based steps and taught to anyone; Eckhardt argued it was an unteachable, innate genetic gift. To settle the debate, they recruited 23 ordinary people from all walks of life—including an actor, a card player, a game designer, and a security guard—dubbed them the \"Turtles\" (after a visit to a Malaysian turtle breeding farm where Dennis noted he could \"grow traders\" the same way), handed them millions of dollars of firm capital, and unlocked an unprecedented gold rush of algorithmic wealth.\u003c\/p\u003e\n\u003cdiv class=\"attachment-container search-images\"\u003e\n\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"attachment-container search-images\"\u003e\n\u003ch2 data-path-to-node=\"20\"\u003e\u003cb data-path-to-node=\"20\" data-index-in-node=\"0\"\u003eThe Anatomy of a Turtle Trade\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp data-path-to-node=\"21\"\u003eThe actual implementation of the Turtle system meant stepping out of the way of the market and allowing mathematical logic to dictate actions. Because trends take time to develop, the system naturally sustained a low win rate (often less than 40%), meaning the Turtles endured long strings of small, controlled losses while waiting for the massive macro trends that would pay for those losses tenfold.\u003c\/p\u003e\n\u003cdiv class=\"attachment-container search-images\"\u003e\n\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eLanguage: English.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eGenre: Trading.\u003cspan class=\"BookPageMetadataSection__genreButton\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eBinding: সেলাই করা বাইন্ডিং\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eQuality: Premium Quality Books.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003ePrinting: High Quality Printing.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003ePaper: Eye Friendly paper (Cream White)\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eCover: Matt cover (Paperback).\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Royal Books BD","offers":[{"title":"Default Title","offer_id":47282183372985,"sku":null,"price":300.0,"currency_code":"BDT","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0780\/0874\/6169\/files\/923316.jpg?v=1779551328","url":"https:\/\/royalbooksbd.com\/products\/the-complete-turtletrader-the-legend-the-lessons-the-results","provider":"Royal Books BD","version":"1.0","type":"link"}