How Do You Trade Trends in the Market?

2 min read

trade trends

The turtle strategy was used by one of the most successful trend followers in history, Richard Dennis, who borrowed $1,600 and reportedly made $200 million in about ten years. The strategy states that when the price of instruments hits a 3 month high, we buy. And when the price of an instrument hits a 3 month low, we sell. The strategy provides an effective form of capital protection for investors yet allows investors to participate in the upswings of the market. Backtesting the turtle strategy To test the effectiveness of the turtle strategy, I simulated the strategy using a backtesting…...

This article is free to read

Login to read the full article

Ivan Fok Ivan is the founder of He is passionate about technology and finance and has worked as a software developer at a hedge fund where he was responsible for building the fund's trading system. He hopes that PyInvesting will help investors adopt a data driven approach to investing and support them in their journey towards financial freedom.