Trainee Trader

Amazon.com: Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders: Books: Curtis FaithISBN: 007148664X ISBN-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 (more…)

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