Was ist turtle trading strategie


They think that they will forever be tormented and their follow-through will remain flawed and the pristine execution will elude them. This notion is false. At your core is perfection. What causes the issues that you experience is directly tied to your limiting beliefs that force you into making choices that are not in your best interest.

I have been working with people for many years which include helping individuals to make the corrections necessary to change those underlying faulty beliefs and begin to take new action towards manifesting the outcomes and results that they desire in their trading. Through tools, techniques and concepts they are guided and supported in becoming accountable and aware of first what to change then how to change it.

They begin to monitor their thoughts, which are the building blocks of how they feel, and once they start to feel differently by managing their emotional states, their enthusiasm, curiosity and positive energy ramps up in the direction of assembling new strategies and taking action towards accomplishing those desires.

They learn to embrace the discomfort in order to develop capacity for emotional strength and endurance in the trade. Yes, it is difficult but any endeavor that is of value is difficult to master.

Trading is no different. First, a little background is in order. However, Dennis argued that anyone could be trained to do the same…they just needed to follow a rule-based protocol. They trained them for two weeks then gave them their money to trade live. When necessary they repeated the training.

Richard Dennis proved beyond a doubt that beginners can learn to trade successfully. So, how did the turtles overcome those rabid emotional demons that lurk at the gates of the trading platform? Dennis , a commodities speculator once known as the "Prince of the Pit," [1] was born in Chicago, in January, When a futures trading fund under his management incurred significant losses in the stock market crash of he retired from trading for several years.

Dennis became an order runner on the trading floor of the Chicago Mercantile Exchange at age A few years later, he began trading for his own account at the MidAmerica Commodity Exchange, an entry-level floor where "mini" contracts were traded. To circumvent a rule requiring traders to be at least twenty-one years of age, he worked as his own runner, and hired his father, who traded in his stead in the pit.

Dennis earned a bachelor's degree in philosophy from DePaul University , then accepted a scholarship for graduate study in philosophy at Tulane University , but then changed his mind, and returned to trading.

This set the stage for solid, sustained price trends in both directions for the next several years, a period in which "anyone with a simple trend-following method and a dart board could make a million dollars". In contrast to the vast majority of floor traders , who quickly scalped trades throughout a trading day, Dennis held positions for longer periods—riding out short-term fluctuations and holding over the intermediate term.

Dennis often pyramided his positions. But, we grow up in the shadow of these messages and over time begin to form biases, belief systems and values connected to the notion that money is the be-all and end-all. In other words, so many of the population end up with a self-identity that is to a large degree tied to money as a barometer of self-worth.

Why else would there be so many grave issues around the planet that are secured to money and the profit motive; for instance, air pollution, water pollution, health care challenges surrounding insurance companies, pesticides, fast food proliferation, climate change as many scientists attribute to burning of fossil fuels and the lists goes on.

So, when you get into a trade, almost immediately the system is triggered and emotions such as anxiety, fear, greed, doubt and worry that are tied to negative thoughts about yourself or the markets are activated. These emotional alarm bells then drive you to make impulsive entries, trade without a plan, move stops, chase trades or prematurely exit, all from the underlying limiting beliefs about money and what it means to lose it!

There you have it. With trading being this difficult, how is it that there are individuals that turn the corner, begin to incorporate discipline and become successful traders? There are those that harbor the belief that they can never break the chains of their internal demons that attack them whenever they begin a trading session. They think that they will forever be tormented and their follow-through will remain flawed and the pristine execution will elude them.

This notion is false. At your core is perfection. What causes the issues that you experience is directly tied to your limiting beliefs that force you into making choices that are not in your best interest. I have been working with people for many years which include helping individuals to make the corrections necessary to change those underlying faulty beliefs and begin to take new action towards manifesting the outcomes and results that they desire in their trading.

Through tools, techniques and concepts they are guided and supported in becoming accountable and aware of first what to change then how to change it. They begin to monitor their thoughts, which are the building blocks of how they feel, and once they start to feel differently by managing their emotional states, their enthusiasm, curiosity and positive energy ramps up in the direction of assembling new strategies and taking action towards accomplishing those desires.

They learn to embrace the discomfort in order to develop capacity for emotional strength and endurance in the trade.