🔥🚨🔥Richard J. Dennis🔥🚨🔥
Starting with $1,600, he turned it into $350,000,000 in just 6 years! He achieved this through his own "Turtle Trading" strategy.
Richard J. Dennis, a commodities speculator once known as the "Prince of the Pit," was born in Chicago, in January, 1949. In the early 1970s, he borrowed $1,600 and reportedly made $350 million in about six years.
Dennis gained fame with his experiment that transformed trading perspectives.He demonstrated that successful traders are trained, not born, by teaching a group of novices, dubbed "Turtles," his trading system. Surpassing all expectations, the "Turtles" earned over $100 million in just a few years.
The "Turtle" strategy is based on trend following, risk management, and position pyramiding. The strategy does not require market forecasting or complex analysis. The key is discipline and strict adherence to the rules.
✅ Trend Trading: Identifying and applying trends
✅ Risk Management: How to avoid large losses.
✅ Pyramiding Principle: Increasing position size when the price movement is confidently in the desired direction.
Asset Selection for Trading: Key Criteria" When selecting assets for trading, consider:
✅Liquidity: Ensure assets allow entry and exit without affecting prices significantly.
✅ Volatility: Be prepared to manage the higher risks associated with volatile assets.
✅ Diversity: Diversify portfolios by trading various asset types across different markets
So, who is this strategy suitable for?
✅ Trading beginners
✅ Busy traders
✅Traders aiming for long-term profitability
✅Traders seeking a structured approach
DYOR for financial activities. NFA.
Please press follow for more interesting information and updates. Your follow means motivation for me to do more. Thank you.🙏
