I have read the turtle rules ( available for free on the net ) numerous times and I have come to the conclusion that the system does not fly as it was written.
One possibility is that they used a medicore entry -exit system and used pyramiding as a way to control risk. Perhaps my frustration is from the fact that I cannot pyramid my trades in my backtesting software. However, it seems intuitively that the system should work whether or not I choose to pyramid trades and it does not.
Has anyone had similar challenges in making the system work?
Im primarily interested in trading the SP500 index.
Also, is it me or is it much easier to develop equity trading systems than futures systems?
Turtle Soup... umm umm !!!