Way Of Turtle - Curtis Faith

[wayneL]

The above is one of the original "Turtles" and has released a couple of free chapters from his new book.

You can download it from his blog - http://www.wayoftheturtle.com/2007/04/13/way-of-the-turtle-two-free-sections/

Cheers

 

[RichKid]

Thanks for that Wayne, some nice excerpts.

 

[Wysiwyg]

Confused -

I am wondering if anyone knows how the "Dollar per Point/Pip/Cent" is calculated? Apparently the Turtles made Volatility Adjustments to their position sizes and the calculation is --

Dollar Volatility = ATR(period) x Dollars per Point.

There definition for trading Heating Oil states Dollars per Point = $42000 (42000 gallon contracts with price quoted in dollars).

What would stock Dollars per Cent equal?

 

[nomadic1970]

I cannot really answer the question but, can point you here...

for pips

http://www.forexfactory.com/showthread.php?t=141053

other links in here

http://cs.nyu.edu/~sk1759/ModelValidation.pdf

 

[nomadic1970]

couldn't edit prev. post... but it is also suggested in numerous places of using $1 for stocks.

I cannot/will not vouch for accuracy however

 

[Wysiwyg]

other links in here

http://cs.nyu.edu/~sk1759/ModelValidation.pdf

Okay thank you. You might like this informative doc. on stop techniques.

View attachment STOPS.pdf