A reader has informed me that it is possible to get the Turtle Rules for free;  apparently the download URL is shown before the $29.95 donation is made.  I don’t know if the author intended that or not, but in any case, it does appear to be an optional donation.

My system is NOT the Turtle System.  I think that the Turtle Rules are valuable because they get us thinking about a “complete” trading system.  Lots of traders think a “system” is a set of entry criteria…well, that’s just part of it, and perhaps the least important part!

On page 2 of the Turtle Rules, there is a section called “The Ugly Truth about the System Sellers” I don’t know the whole story;  they are making some references to people selling the Turtle System, and they have a problem with it.  I guess if some 3rd party were selling something called “Ed Mamula’s REAL ORIGINAL CABLE GLIDER” for $995, I’d be just a bit upset too! For this reason, I don’t intend to get any more specific about the Cable Glider other than what was posted when the blog was first launched in January.  My purpose here is not to sell the reader anything;  it’s only to document my own experience.

The reason why I recommend that every aspiring mechanical trader read Van Tharp’s “Trade Your Way to Financial Freedom” is because it gets us in the mindset of developing our OWN systems, systems that will work for us as individuals.  Once we mentally graduate from looking for a system to buy and use to looking at other systems for insight on how to enhance our own systems, I believe we’ve made a giant leap forward toward success.  Black box systems (ones that can be purchased but whose rules are unknown to the buyer) tend only to cause us frustration in the long run, because even if they are “successful”, we are ill-equipped to follow the rules.

 

 

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