Turtle trading and the mechanical method to trading that helped one man make millions

Have you ever wondered how so many people constantly outperform their peers and the entire market in trading while others only have a 50/50 or 75/100 success rate? Good question. In this post, I’ll discuss a man who developed a trading system that was entirely mechanical and two sets of people who tested his theory. Even when they lost, Group A never wavered from the plan, kept their emotions under control, and executed it exactly as instructed. A little differently, Group B followed the program but closed transactions early due to losses and seeing the losses rather than continuing and allowing their emotions to control them.

Talk about illogical, but hey, I can vouch for it. You might anticipate that group A went on to make up to $150 million over time, while group B failed due to a lack of straightforward education, a preference for other systems, and emotional responses to trading. A large portion of the commerce involved commodities like gold, oil, and other similar items. What can we ultimately learn from this situation and manner of trading, and how can we use it to improve our own trading? Well just try it out goodluck traders!