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  • The Complete TurtleTrader

  • How 23 Novice Investors Became Overnight Millionaires
  • By: Michael W. Covel
  • Narrated by: Joel Richards
  • Length: 10 hrs and 8 mins
  • 4.4 out of 5 stars (91 ratings)

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The Complete TurtleTrader

By: Michael W. Covel
Narrated by: Joel Richards
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Publisher's Summary

This is the true story behind Wall Street legend Richard Dennis, his disciples, the Turtles, and the trading techniques that made them millionaires. What happens when ordinary people are taught a system to make extraordinary money? Richard Dennis made a fortune on Wall Street by investing according to a few simple rules. Convinced that great trading was a skill that could be taught to anyone, he made a bet with his partner and ran a classified ad in the Wall Street Journal looking for novices to train. His recruits, later known as the Turtles, had anything but traditional Wall Street backgrounds; they included a professional blackjack player, a pianist, and a fantasy game designer. For two weeks, Dennis taught them his investment rules and philosophy, and set them loose to start trading, each with a million dollars of his money. By the time the experiment ended, Dennis had made $100,000,000 from his Turtles and created one killer Wall Street legend. In The Complete Turtle Trader, Michael W. Covel, best-selling author of Trend Following and managing editor of TurtleTrader.com, the leading website on the Turtles, tells their riveting story with the first ever on-the-record interviews with individual Turtles. He describes how Dennis interviewed and selected his students, details their education and experiences while working for him, and breaks down the Turtle system and rules in full. He reveals how they made astounding fortunes, and follows their lives from the original experiment to the present day. Some have grown even wealthier than ever, and include some of today's top hedge fund managers. Equally important are those who passed along their approach to a second generation of Turtles, proving that the Turtles' system truly is reproducible, and that anyone with the discipline and the desire to succeed can do as well as - or even better than - Wall Street's top hedge fund wizards. These rules worked - and still work today - for everyone.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

©2007 HarperBusiness (P)2016 Michael Covel

What listeners say about The Complete TurtleTrader

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wow learnt more than what I expected

I thought this is going to be a storybook, but it has quite a lost of actionable ideas.
connected the dots for me with some of the big names in the business, definitely one of the must reads.

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The Rules

Great story telling. It shows that the only thing in the way of making it is dicipline. A must read for anyone considering trading or trading at the present.

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    3 out of 5 stars
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    3 out of 5 stars

Good book but read better

This was a good book about Richard Dennis and his turtle experiment. His method is trend following or momentum trading. Dr Wesley Gray comes from a value investing background and uses momentum investing to enhance his returns. Momentum is not the same as growth investing.

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A must read if you are a trader

Anything less than 5 stars from anyone for this book is a joke! An all time classic!

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    3 out of 5 stars
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spoiler ahead

Before wasting $14.95 on this book, I suggest you do a quick google of the protagonist of this book.
I usually do before buying but must admit, I was tired and clicked too quickly.
it is interesting to a point and as historical data goes it jumped and muddled along.



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Not What I expected

For me total waste of time. I trade for a living out of interest I read this kind of stuff. This book is just stuff.

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