Turtle Traders

Turtle Traders were a group of traders trained in a systematic trading method developed in the 1980s by Richard Dennis and William Eckhardt. They followed strict rules based on trend-following strategies, which involve buying assets when prices are rising and selling when they fall, aiming to profit from market momentum. The "Turtles" learned to identify trends, manage risks with predefined stop-loss points, and maintain discipline. Their method emphasized consistency and emotional control, demonstrating that with proper rules and training, even novice traders could succeed in the markets.