This is another of the series of videos in which I teach first hand concepts relating to break out strategies. These strategies were developed by Richard Donchian and made famous by the turtle traders.
The turtle program was based on a bet between Richard Dennis and William Eckhardt. Both of these men were successful traders. Richard Dennis had turned an initial stake of less than $5,000 into more than $100 million. Richard Dennis believed anyone could be taught to trade the futures markets. Eckhardt took the opposite view. Their bet was a real world story similar to the movie Trading Places in 1983 with Eddie Murphy and Dan Ackroyd. In this short Ebook you will learn the rules of the turtle traders. More importantly you will be given tools to increase your trading psychology.
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