Thursday, December 10, 2015

Can the Turtle Trading work for Day Traders?

According to Curtis, the Turtle System Exits were apparently the single most difficult part of the Rules. Waiting for a 10 or 20 day new low can often mean watching 20%, 40% even 100% of significant profits evaporate. "There is a very strong tendency to want to exit earlier. It requires great discipline to watch your profits evaporate in order to hold onto your positions for the really big move”. 

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