Saturday, November 18, 2017

The Turtle Experiment, Part 3

I have no doubt whatsoever that one of the first things that comes to mind when people read about the Turtle experiment is the question “Was it successful?”

Richard Dennis taught two classes of “turtles” in person and those individuals went on to earn a profit of over $175 million over the course of five years. So the answer to the above-mentioned question is a resounding “Yes, it was successful”. Richard Dennis’ experiment proved that anyone could learn to trade regardless of who they were before that, as long as they had a good strategy, stuck to that strategy with the necessary discipline and they were willing to learn and grow as traders.