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Good afternoon!
Thank you for your kind note. I recently read The Complete TurtleTrader and started listening to your podcast, which I thoroughly enjoy. I especially appreciated the episodes with Richard Thaler and Daniel Kahneman—I’m an experimental psychologist, so I’m familiar with their academic work.
I began learning to trade just a few months ago and am trying to develop strategies that fit my circumstances. I have no prior market experience, having only contributed to retirement accounts managed by advisors, so I’m truly starting from the ground up. My goal now is to learn how to invest independently to achieve better returns. The biggest challenge is the steep learning curve, but I find trend following appealing since it allows me to trade without needing deep company or market research.
I’ve written a simple stock-screening algorithm in JavaScript based using the Turtle Trading rules and have started making some trades. So far it seems promising, though I do wonder whether it’s too late to learn to trade effectively at the age of 55, given I don’t have 20 years to master the craft.
Currently I focus on equities but am also considering commodities and crypto. I also wonder whether I should adhere to the original Turtle rules or whether the strategy has been modernized. I’m particularly interested in the exit rules used by current trend followers.
I truly appreciate your podcast and will continue to tune in. If you can recommend additional resources—such as online communities for learning and support—I’d be very grateful.
Kind Regards,
Ben
I can help on all fronts. Drop me an email. This is not about 20 years to learn. No way.
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