For those of you wanting a bit more information on Turtle trading I have posted a three-part speech. Delivered by Michael Covel in Tokyo in June 2007 discussing Richard Dennis and the Turtle trading experiment. I hope to purchase his new book shortly and will post a review here about it. He makes a very interesting point in response to a question about the culture of investment banks.
Part One Turtle Trader Tokyo Speech Read the full story
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 Amazon.com: Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders: Books: Curtis FaithISBN: 007148664XISBN-13: 9780071486644 |
Way of the turtle begins with an explanation of the initial Turtle Trading experiment. This experiment came about after a dispute between Richard Dennis and Bill Eckhardt on the issue of weather great traders were born or made. Dennis had the view that an individual could be taught to be great trader while Eckhardt thought great traders required genetics and aptitude. In order to settle the matter ads were taken out in the Wall Street Journal, New York Times and Barron’s. The ads were for the position of trading apprentices and after an initial training period the trainee would be given an account to trade. Out of a thousand applicants 13 were selected, these trainees were known as the Turtles.
Curtis M. Faith, the youngest member of the original Turtle group, wrote way of the Turtle. It contains 278 pages not including the index forward and preface. The well-respected trading coach Van K. Tharp authored the preface and stated, “[Way of the Turtle] is one of the five best trading books ever written, and I will recommend that all my clients become familiar with its contents”.
Way of the Turtle Contents Read the full story
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Today we will be putting Windows Vista Business Edition to the trading platform test. The programs that we will be testing under Windows Vista Business Edition today are Global Trading System Professional by FX Solutions and TeleTrader Professional or FX AccuCharts.
Installation
These two programs are packaged separately therefore you will have to install them separately. It is not important which program is installed first.I have chosen to install FX AccuCharts first.
FX AccuCharts Install
The FX AccuCharts installation is very straightforward, simply choose an install location, agree to the licence, choose a username and finally choose a complete or custom install (I have gone for complete). The time it takes to install FX AccuCharts is significantly longer then most other platforms. When installation is completed it gives you the option to launch both the application and manual. After installation an icon is placed on the desktop. Read the full story
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Today we will be putting Windows Vista Business Edition to the trading platform test. The platform that we will be testing under Windows Vista Business Edition today is EFX Navigator.
Installation: The EFX Navigator installation is very straightforward, simply choose an install location and agree to the licence and EFX Navigator is installed without a hitch. The wizard buttons and overall look had a very Windows 98 feel about them. After installation is complete you can choose to place an icon on either your Desktop and or quick launch toolbar.
On first launch of EFX Navigator, you will notice the windows 98 look and feel. It is very disappointing that the EFX Navigator does such a poor job in the user interface department as I have heard many reports that they offer straight through processing. Read the full story
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