In 1983, two commodity traders, Richard Dennis and William Eckhardt experimented to see if trading is an inborn skill or it can be taught.
So they conducted interviews to find people who were the right fit.
A few lucky candidates were selected for the program—they were known as the turtle traders.
Next, Richard Dennis gave the turtle traders a fixed set of trading rules to trade the markets (using his money).
It was astonishing! Several turtle traders made triple-digit returns within a few short years and some even went on the set up their own hedge funds.
Clearly, the turtle trading rules worked well in the 1980s.
But the question is:
Do the turtle trading rules still work today?
Well, that’s what you’re about to discover in this post.
So let’s get started…