Finance Trends Letter

Welcome to our new readers across the globe. Be sure to check out our popular posts section, filled with market insights and valuable lessons for traders and investors of all levels! Great starting point for new readers and traders: a selection of our most Popular Posts on Finance Trends . Paul Tudor Jones, photo by Annie Leibovitz via Audobon.org. You'll find a newly expanded list of some of our favorite posts, with insights into emerging market trends. Plus, lessons on trading and investing from the masters: Market Wizards such as Paul Tudor Jones, Jesse Livermore, William O'Neil, Victor Sperandeo, Charlie Munger, and Sir John Templeton offer up their hard-earned wisdom.  Equally as important, I hope you'll use our favorite posts to learn from the trading insights offered up by myself and some of the lesser-known (but no less experienced) trading practitioners quoted within.  I have spent years and countless hours researching stocks, scanning charts, speakin...

Maximize your trading gains , not the number of winning trades you might have. This is the advice of famed Chicago futures trader, William Eckhardt . William Eckhardt image via azquotes.com Now, if you're not familiar with Bill Eckhardt by name, perhaps you know him by reputation. With his friend and partner, Richard Dennis , the pair concocted the famous "Turtle Traders" experiment, in which an eclectic group of novices were taught to trade futures with a rules-based trend following system. An excerpt from Dennis' Wikipedia page on the origins of the Turtle Trading program: "Dennis believed that successful trading could be taught. To settle a debate on that point with William Eckhardt , a friend and fellow trader, Dennis recruited and trained 21 men and two women , in two groups, one from December 1983, and the other from December 1984. Dennis trained this group, known as Turtles, for only two weeks about a simple trend-following system, tradin...