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The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires

Customer Reviews:

Pulling Back the Veil

By John Forman "Author -The Essentials of Trading" - December 2, 2007

The first impression one gets from The Complete Turtle Trader is quite favorable. It is an attractive format, and a pretty easy read, though well written and detailed. The primary text is about 200 pages, which I got through in a single afternoon (though I do read faster than most). And the price tag is extremely reasonable for a hardcover trading book, much lower than what you often see.

This book definitely continues along the path of the trend trading subject of Covel's earlier book, Trend Following, but does so through the story of the famous Turtles. Readers of Jack Schwager's book, Market Wizards, and it's follow-up, The New Market Wizards, will be familiar with the Turtles. They are the result of a nature vs. nurture running debate between famous futures trader Richard Dennis (a Market Wizard) and his partner William Eckhardt (profiled in The New Market Wizards).

The Turtle program was an effort to determine whether traders can be created, developed... read more

I couldn't put this book down. Excellent research combined with detailed facts

By K. Corn "reviewer" - November 4, 2007

In The Complete TurtleTraders, author Michael W. Covel tells the riveting account of a group of investors who were led by one remarkable man, Richard Dennis (with the help of his partner, William Eckhardt). Dennis was somewhat of an iconoclast, not brought up through the ranks of Fortune 500 company grooming programs, figuring out his own methods for making money.

Dennis was a successful investor who believed that investing
principles could be taught to anyone. His partner, William Eckhardt, disagreed, tending to believe that the talent was inborn. Their differing views formed the basis for a bet between the two men and led to one of the more remarkable experiments in investing history.

Basically, Dennis agreed to find a diverse group of individuals, give each recruit $1 million dollars, put them through two weeks of intensive training, teach them specific investing principles and methods and see how well they'd do after that. To add to the challenge,... read more

The human side of Trading

By E. Paradis "Bumblebee" - October 27, 2007

Covel's book is an excellent, in depth look into the personalities of Dennis, Eckhardt and the "Turtles" they trained and mentored. We get a great view into the humanity of the organization that started large scale systematic trading in a time when most traders were addicted to fundamentals ( some things haven't changed in that regard).

The emotional highs and lows, the risks, the luck, and the losses are methodically organized and documented. History was written as it happened on the trading floor. In short, its a clear, concise read and is a new addition to Covel's first book, Trend following.

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AVAILABILITY
MerchantFormatPrice
Amazon USPaperback$5.33 - $16.99
eBooks.comDigital (PDF)$12.49
eCampusPaperback$4.99 discount!
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