qas30

--== It is Not Random But Designs ==--
Having trading discipline is the beginning; keeping discipline is the progress;
staying discipline is the success

Friday, April 04, 2025

The Top Trader : Richard Dennis

Published on Selasa, 02 April 2013 04.20 //

Richard Dennis


Richard Dennis must be saluted for his skills as a trader and teacher. His instruction to his students the turtles was a great story and trend following philosophy has stood the test of time.
Dennis himself has made hundreds of millions of dollars over the years. But while his students have had successful money management careers, Dennis seems to not mesh well with clients. If Dennis just traded for himself he would be fine (and much richer).


"I don't think trading strategies are as vulnerable to not working if people know about them, as most traders believe. If what you are doing is right, it will work even if people have a general idea about it. I always say you could publish rules in a newspaper and no one would follow them. The key is consistency and discipline."
Richard Dennis
"...he placed classified ads proclaiming 'trader wanted,' he got some 1,000 responses from people eager to learn his methods. He settled on fewer than two dozen novices--among them two professional gamblers and a fantasy-game designer--and after a two-week training program, he gave them money to trade under his firm's auspices. Several went on to become top commodity-fund managers..."

 "Unlike Eckhardt (and most other savants) Dennis believed that trading could be taught and learned. Eckhardt belonged to the you're born with it or you're not camp."

Tags:

+ Discussion
Subscribe to our RSS Feed! Follow us on Facebook! Follow us on Twitter!
  • Investment Psychology Explained: Classic Strategies to Beat the Markets
    01/07/2013 - 0 Comments
    In Investment Psychology Explained Martin J. Pring, one of the most respected independent investment advisors in the world, argues that in the revisionist '90s there are no quick, magical paths to market success. Rather, he emphasizes the timeless values of hard work, patience, and…
  • Investasi - investasi an Trader Trader an
    25/05/2013 - 1 Comments
    Sebuah Keberhasilan bukan untuk disombongkan namun juga tidak untuk disembunyikan, setidaknya bisa jadi sebuah bahan motivasi pembelajaran buat sebagian lainnya. "Mimpi" cepet kaya di dunia investasi baik itu Stock, Foreign Exchange, Commodities, CFD dsb menjadi jembatan singkat bagi mereka yang memang…
  • The Buy Side: A Wall Street Trader's Tale of Spectacular Excess
    16/12/2013 - 0 Comments
    The Buy Side, by former Galleon Group trader Turney Duff, portrays an after-hours Wall Street culture where drugs and sex are rampant and billions in trading commissions flow to those who dangle the most enticements.  A remarkable writing debut, filled with indelible moments, The Buy Side shows as…
  • US Dollar UP Or Down
    14/01/2014 - 0 Comments
    The US dollar is the currency traders love to hate. “Everybody knows” that the greenback is perpetually weak, a fiat currency made for shorting. This viewpoint is almost inevitably attached to hand-waving notions of money printing vis a vis the Federal Reserve, how America is going down the tubes, and so…