🐢💰Turtle Traders Strategy | 📊 Why it doesn't work!

Рет қаралды 4,112

4 ай бұрын

Dive into the world of Turtle Trading with a twist! 🐢🔍 Discover how applying this legendary strategy across multiple lookback periods and markets can transform your trading game and significantly boost your capital if you have capital to trade! 📈💰 this video is your ultimate guide to sidestepping the common pitfalls that trap most traders. Whether you're a beginner or an intermediate trader, get ready to unlock trading strategies that work! 🚀📚
Best Strategy for Decades ➡️ • Trend Following Tradin...
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Ali Casey here from StatOasis channel, I post about Finance, Investing, Algorithmic Trading and everything else in between.
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Пікірлер: 30

@arathaemaxus5250 3 ай бұрын

Testing any strategy without position sizing is a complete waste of time. Nobody on KZfaq has done a test of turtle trading without leaving out major rules from what I’ve seen so far.

@StatOasis 3 ай бұрын

testing a strategy with position sizing is problematic because it will hide all underlying problems. You can always add position sizing to any strategy once you verified it is robust. Plus capitalization is totally different for single contract and multiple contract (through position sizing) as for Turtle Trading Systems, the logic is public and can easily be implemented, but two systems, position sizing and multiple markets, is complicated for beginners and even for pros, so the video will not serve a lot of viewers.

@naufalhammam4552 2 ай бұрын

⁠⁠@@StatOasisbro what are you talking about, turtle strategy is literally about position sizing 💀💀

@sergiodediego924 16 күн бұрын

@@StatOasis Yeah, this thesis that you are defending it's tricky. I mean... Turtle systems is ALL ABOUT position sizing. In fact, the deeper they were, the smaller capital the put (for each drawdonw of 10% reduce %R by 20%). So they could hold long moments of flat market until recover strong trends. I understand what you want to mean, but that it is not the Turtle Trading systems. Srry.

@uiop5898 4 ай бұрын

Thanks Ali. I wait for your videos every Sunday.

@StatOasis 4 ай бұрын

Glad you like them!

@tomato778 26 күн бұрын

This is not orginal turtle traders strategy but this one is called two-legged turtle strategy. 🤣

@KWAlgo 4 ай бұрын

Thank you, Ali, always interesting ideas, and analysis 😀

@StatOasis 4 ай бұрын

Glad you like them!

@teebone2157 4 ай бұрын

Great video as always

@StatOasis 4 ай бұрын

Appreciate that

@conradcarpenter514 Ай бұрын

What is the LinReg indicator, or rather, where is it found? The REI like line on the bottom.

@StatOasis Ай бұрын

it is available in all platforms. Linear Regression Linear Regression Channel Linear Regression Slope etc.

@konjkavie 4 ай бұрын

Thaks ali very usefull as usual I have a question Why you don't make a template and use it in custome project. In that case you can find best look back period for each market and then with cross check you can find a good portfolio Thanks

@StatOasis 4 ай бұрын

Of course you can but there is no guarantee there will be trends at your optimized periods in the future, thats why you need multiple periods and multiple markets, hence large capital

@0524432 4 ай бұрын

What is this software you're using?

@StatOasis 4 ай бұрын

Go.StatOasis.com/mc

@tym5583 Ай бұрын

Is there a way to automate trading? I Confuse myself so bad with ta and od tbjave the time for it either Just wondering with all your experience what you have found that is pretty successful and automated

@StatOasis Ай бұрын

too many acronyms ☺ if you mean trading your developed strategies automatically, then you have many options depending on the language you develop in. for Retail traders, most popular are TradeStation, Multicharts, NinjaTrader, Python platforms like QunatConnect etc. and C platforms like Zorro etc.

@tym5583 Ай бұрын

@@StatOasis is there ones already developed and back tested? For certain market conditions I.e. Bull market I don't trade, but would like exposure to something automated

@StatOasis Ай бұрын

if you mean developed strategies, there are many services out there but I highly advice against trading a single strategy, it is much better to trade a portfolio, which again many services available. I have different portfolios in go.statoasis.com/community that trade on monthly signals, Long only, liquid ETFs only, using different flavors of dual momentum

@tym5583 Ай бұрын

@@StatOasis OK cool yeah I'll check that out! U seem like a vet and know who is actually good out here haha. If u have any other that are trusted let me know. Liked your info and video!

@ScottAllenTVH Ай бұрын

You're using a linear regression model for entry-I thought the turtle strategy worked off a Doncian channel breakout of either 20 days or 55 days (or both)?

@StatOasis Ай бұрын

you are right that the Turtles use donchian channel, but LR will give same results +/- because all trend following method that are looking for medium to long term trends will enter at some point, regardless of the signal generating it.

@ScottAllenTVH Ай бұрын

@@StatOasis True. They may catch the same trends, but entries and exits, and therefore profitability, will be different. Also, the behavior regarding robustness across the range of input variables might be significantly different. Also might not be, but generally, I've found strategies with inputs based on integer number of days to be less subject to overfit than ones based on an indicator value. Also, of note is that they entered and exited intraday at a touch of the signal level, not at EOD based on the newly calculated value based on daily timeframe -- not sure how that jibes with your linear regression.

@StatOasis Ай бұрын

all what you are saying have value in the short term on one strategy on one instrument, but when you are trading a portfolio and have multiple strategies with different speeds applied on different markets (which is the only way to make TrendFollowing style work) then if you enter today or next week, it will not have an effect on the trend, meaning you will not miss a big trend (which were all the money will be made that year), for the poeple who don't know, a TF portfolio will make its money in any given year from 2-5 trends. Moreover, when you look at your portfolio, all the signals would have found an entry in that long trend, some earlier and some later, but all of them will enter at some point.

@loicverbinnen6708 Ай бұрын

Don't they also increase their position in a winning trade?

@StatOasis Ай бұрын

They do, but that add more capital requirement

@miketiong8441 2 ай бұрын

Turtle method is outdated with HFT method using AI-software.... Trading is more complicated now with BRICS emerging and USA currency being challenged.

@StatOasis 2 ай бұрын

I totally disagree. there are hundreds of TF funds that manage hundreds of billions of dollars and doing very well. HFT funds are handful as it is a very different game and they are also doing very well. Its like cars on street, a ferrari and a minivan are both cars, take you from a to b, but each do it in a different way for a difference function. Trading is extremely simple, I think what you are referring to is predicting the future that is why it is difficult with political landscape changing by the minute and you are right, but you don't need to read any news to trade, in fact none of my systems has news filters built into them.