"Turtle Lessons: 1. Trade with an Edge: Find a trading strategy that will produce positive returns over the long run because it has a positive expectation.2. Manage Risk: Control risk so that you can continue to trade or you may not be around to see the benefits of a positive expectation system.3. Be Consistent: Execute your plan consistently to achieve the positive expectation of your system.4. Keep It Simple: The core of our approach was simple: catch every trend. Two or three trades might account for all your profits, so don’t miss a trend or you might kill your whole year. This is simple and easy to understand, not easy to do. The specific approach were not as important in my mind when we started trading as were being consistent and not missing a trend. These simple concepts were easily missed when we started to put real money on the line."
- Curtis Faith