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Hi Mr. Covel, apart from The Complete TurtleTrader, do you have other books that teach the turtle rules? I can’t figure out the hard stop computation on page 84. I’d be happy to buy another one of your books if it can help me understand the rules a bit better. (I really hesitated to email you; I would rather buy another book and figure it out myself; when I’m finally trading and need assistance, I will buy your course). “If the N was 7 cents, a 2N stop would have been 14 cents. The stop would have been 14 cents behind the entry price. An entry at $250 would have a hard stop at $236 (250 – 14).” ($250 – 14 cents = $236 ?) 14 cents is used as if it’s 14 dollars? I cannot find anything before or after this page that clarifies this. When time permits I hope you can enlighten me on just this one issue.
Thank you.
Kaye N.
You will want some basic futures trading education to start. I also have courses on the trend following side of it.
Learn the rules behind trend following, and the systems to apply them.
See the coursesMore from Michael Covel: Books · Podcast · Trend Following course