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An Easy Way to Diversify Your Trend Following Strategy
Add gold, cocoa, gas, and a plethora of other markets to your system for cheap
In 1983 two experienced Chicago traders decided to settle a bet: is trading an innate skill or something that could be taught?
To settle this bet, they took out an ad and attracted ordinary people they dubbed the “turtles” and put them through a boot camp to teach them a trend following system.
The Turtles are now legends after they amassed over $175 million over the next 4 years.
Their story shows that trading can be taught and the power of trend following systems. One little, not-so-insignificant detail that often gets overlooked is that the Turtles were given $1 million each to start trading.
Yes, the results are impressive, but there’s a reason they were given so much money: they were trading futures and were trading in a diversified manner.
TL;DR
We’ll show you how you can construct and backtest a diversified trend following strategy without an extra $1 million dollars lying around to get started.