What happened to Turtle Traders?

Discussion in 'Trading' started by qll, Dec 25, 2006.

  1. qll


    Somebody told me that he read that turtle traders went under -- the reason why they are not active now.

    Anyone can confirm the reason why they ended their trading?
  2. doli


    They may have been reincarnated as "dummy" traders. I mean the ones who do "dummy trades." That seems to be a range breakout/breakdown method, which, I think, most of the time fails -- that was the turtle's assesment, anyway, and why they had to use tight stops on their bets. Basically take a lot of small losses and ride the winners for big gains. Requires lots of capital and lots of patience. I may be wrong, of course.
  3. Curtis Faith ( ET handle : inflector) could explain why.
    He's one from the original group of turtle traders.

  4. manyit


    I am curious if the change of market environment is the cause?