Russell Sands’s - Turtle Trading Concepts [repost]

The "Turtle" trading program started by Richard Dennis is, by any measure, one of the greatest success stories in the entire history of trading. Here's a brief background: Richard Dennis was a successful (he turned a $400 family loan into $200 million!) Chicago trader and money manager who firmly believed that successful trading methods could be taught. His partner disagreed. Dennis then went out and recruited 14 people - some of whom had NO trading experience - and taught them his trading methods. He called them his "Turtles" and, after a brief training period, they went on to become masters of the markets.

Russell Sands’s Turtle Trading Concepts Rules for:
When to get in
Where to get Out
A Money Management formula for HOW MUCH to trade for a given account size and risk preference
How to PLACE ORDERS
How long a trade should last
How to CONTROL your emotions
When you should take profits
When your system might have losses
WHEN to REALLY LOAD UP ON A TRADE and when not to trade at all (this is the biggie!!)
When to add to your positions
pyramiding
How to "dry test" the system without risking a single penny of your money
How to trade the REALLY BIG market trends: BIG TIME
A simple MEASURE OF MARKET ACTIVITY which tells you when to be aggressively long or short
A statistically robust method with Money Management par excellence
A strategy that has been tested real time for 20 years straight on real markets real money
How and why every market is traded the same way! No specialist knowledge of markets is required
New ideas and developments including a new share trading technique that really works
How to "lock on" to the big trends and keep yourself in there when all around you are in a panic
Why this system is perfect for busy people who do not have a lot of time to spare
How you can trade successfully and keep your day job