Image : http://www.flickr.com
The argument, in 1983 were born between the famous speculator Richard Dennis and his friend Bill Eckhardt about the retailer or large format for the formation of 13 resulted in similar trade. It was funded through continuing education for four years, establishes the rules were baptized later as turtles. They have shown a benefit, a collective profit of more than 80% of the compound rate of return, and turtles made a start negotiation.
The Turtlesintroduced the concept of "normalization volatility. In simple terms, suggests that the volatility of volatile normaliztion an instrument smaller, and trade. That is, each instrument has the same risk dollar. This stems from the often repeated word * N, 20-day exponential moving average of ATR (True Range) is derived.
Turtle trading system, the losses will be taken seriously. Say, a turtle trader starts with a notional amount of $ 100. In cases where the merchant loses$ 10, which would normally have run $ 90 for future operations. However, in the trade of turtles, the dealers had to manage in the future, with only $ 80, until it realizes a profit of $ 10 to cover the losses.
Turtle Trading System is limited to two models. ie, a breakout 20 days and the other is 55 days breakout system. When the market opened from 20-day or hi9gh low, or are listed on the day, would be to give the signal. A single unit would be purchased / sold for the openingPosition. However, the previous signal, would lead to a successful business, this would signal, in an attempt to avoid whipsawing be ignored.
Once established, Turtle Trading System is a system every 1 / 2 'advance N', until the maximum number of units added is allowed (4 single instrument, 6 in closely related markets such as oil and crude oil, 10 spare "Lose Related markets, for a total of 12 units) in one direction. consistency is the most important directive for all this. It 'wasimportant in all of them, not a few big winners, the profits earned by the majority of retailers do not miss this.
Turtles trading system without a doubt. However, it requires an iron will to follow the rules, and not try to 'bend' the mechanics of the strategy. Many people are not mentally prepared to face the constant losses, even if they are well balanced by the occasional huge winner.
Recommend : Thaitripstoday.com love sex men Thailand Train
ไม่มีความคิดเห็น:
แสดงความคิดเห็น