http://www.learncurrencytradingonline.com This video covers the Turtle trading rules, the method itself and why it was one of the best Forex trading systems…
The Turtle trading system was taught to a group of people with no experience of trading by Richard Dennis and they learnt the method and how to apply the trading signals in just 2 weeks. They then went on to make hundreds of millions of dollars with the trading signals. The trading strategy was simple, it works and was based on trading long term trends via breakouts. The system today is free and while it may not be the best Forex trading system in terms of profit ( market volatility has changed over the years since the rules were introduced) the system will still make money.
If you look at the trading method and rules you will see the logic is easy to understand and the money management principles are based upon having a large number of small losing trades which are covered by a small number of winners – but the winning trading signals are far bigger than the losers. So while the trading method losses on around 70% of its trading signals, it still makes money over the longer term.
Even if you dont use the trading system, learning it should be on every beginners list as essential education and training, as it shows how to put together a trading strategy that works.
If you are interested in Forex trend trading and long term trend following the lessons, trading tips and advice contained in the Free Turtle trading PDF are both educational and inpsiring espcially for beginners – why? Because it proves that anyone can make money trading Forex and its not the trading system which is the vital ingredient for success ( Anyone can learn a simple Forex strategy and the techniques used by the Turtles were very simple) it shows the real route to success is to trade any mechanical strategy, program, robot or system is to follow the trading rules with discipline.
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