Trend Following and Turtle Trading Realities

There are those who look at historical turtle trading results and think they can simply mint money. My motivation is to teach traders the reality of trend following and following exact rules. Today was a typical whipsaw trade. Corn took out and invariably collapsed. This will happen all the time. This is reality..

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING COMMODITY FUTURES, OPTIONS, AND FOREIGN EXCHANGE (“FOREX”) IS SUBSTANTIAL.