Summary of Michael W. Covel's The Complete TurtleTrader

Excerpt From Summary of Michael W. Covel's The Complete TurtleTrader



#1



Richard Dennis, the founder of CD Commodities, was a famous trader on Wall Street who conducted a real-life social experiment in the early 1980s. He hired people to work for him, but instead of paying them, he paid their families.



#2



Dennis believed that his ability to trade was not a natural gift. He saw the markets as being like Monopoly, and strategies, rules, odds, and numbers as objective and learnable.