The Turtle Traders

The Turtle Traders was a trading experiment in the early 1980s where a group of novice traders was trained using specific rules based on trend-following strategies. They learned to identify and ride market trends, primarily in commodities and futures. The approach emphasized discipline, risk management, and quantitative signals rather than intuition. The experiment demonstrated that with proper rules and training, even those without prior experience could achieve significant success in trading. Its success popularized systematic trading strategies and highlighted the importance of consistent methodology in financial markets.