Skip to main content
No. of Recommendations: 0
In conclusion, we feel we have learned a few things about Turtle money management. First, risking a fixed fraction of capital on each trade has validity and outperforms no money management. Second, filtering trades with the “no-trade-after-a-winner” rule shows some merit with the shorter-term 20-day breakout entry technique that is part of the Turtle entry. Third, pyramiding at ever-increasing profit levels (entering at worse and worse prices) seems to substantially increase risk exposure.<i/>

I don't understand this "no-trade-after-a-winner" rule. Do you ?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.