ABOUT THIS EPISODE
What does it really mean to follow a trading system?
In Episode 7 of Trend & Turtle, Ben Lichtenstein and original Turtle trader Jerry Parker dig into the discipline behind systematic trend following — taking every trade, accepting small losses, letting profits run, and resisting the temptation to override the rules.
Jerry explains why traders should “love their losses,” why more risk-management rules aren’t always better, and why trading smaller can sometimes be the answer. They also discuss diversification across hundreds of markets, why highly correlated markets can still produce very different outlier trends, and why trying to predict which markets will trend can be a mistake.
Ben also walks through several trades and the lessons they’re providing as he puts the system into practice.
And ultimately, Jerry explains why learning the rules is only the beginning:
You can’t become a Marine just by reading the handbook. Sometimes you need Turtle Boot Camp.
For educational and informational purposes only. Nothing discussed should be considered investment advice. Trading involves risk, and past performance is not indicative of future results.
