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Tim,
I have heard, shall we say via rumor, that certain a individual who were
sworn to secrecy while working as a Turtle with Rich Dennis, and who may now
be marketing such alleged Turtle principles are rumored to have been Turtle
drop outs and never got the full picture. Seems to me there are two strikes
here. One
that pieces of the puzzle may be missing, and more importantly to me is that
a sworn agreement was allegedly not upheld. Of course, all of the above is
just a rumor, so none of it may be true. Travel at your own risk.
Happy Holidays,
Norman
----- Original Message -----
From: "The Torch" <iceman_nrg@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Friday, December 22, 2000 8:46 AM
Subject: Re: [RT] TurtleTrader.com...anyone tried the system?
> Tim,
>
> I reviewed the Turtle System and spoke with some
> brokers who execute the trades for Russel Sands. I
> came to the conclusion that the system exhibits large
> drawdowns prior that one must endure. This is as with
> any trend following system.
>
> I believe you should always trade with the trend, but
> you also have to alleviate the risk. I could not take
> so much heat on a trade. In essence if you could take
> the heat then you can trade the system.
>
> JS
> --- TimL51@xxxxxxxxxx wrote:
> > Has anyone tried the system "Turtle Trader" found at
> > the website
> > www.turtletrader.com? If so, any comments would be
> > appreciated.
> >
> >
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> >
>
>
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