Algocloud Blog Post

Turtle Like Strategy: A Simple Yet Promising Approach to Trading Success

Have you ever wondered if trading success is within reach, even for beginners? The answer lies in the famous Turtle Experiment conducted by Richard Dennis and William Eckhardt in 1983. This groundbreaking event demonstrated that with the right set of rules and determination, even novice traders can excel in the markets.

At the beginning of the Turtle Experiment Dennis picked 14 volunteers and taught them specific trading rules, providing them with capital from his pocket. The outcome? Over five years, these rookie traders collectively generated an astonishing $175 million in profits.

Inspired by this historic experiment, AlgoCloud presents the “Turtle-Like Strategy.” While not identical to the original rules, this strategy embodies the core principles of trend following. See for yourself!


Picture of Ellie Souckova

Ellie Souckova