I know some of you (Duru) were disappointed with Michael Covel’s Trend Following book because of its lack of detail/trading rules. A friend of mine just sent me a link to OriginalTurtles.org which is giving away the rules to the original Turtle Trading System. They have a very interesting reason for giving the system away:

One of the sad realities of the trading industry and futures trading in particular is that there are far more people making money selling systems and “ways to make money trading” than there are people actually making money by trading.

There are many “famous traders” who don’t make money as traders. They make money selling new trading systems, seminars, home study courses, etc. Many, if not all, of these so called “experts” can’t trade and don’t trade the systems that they sell.

Yes, this is also true of those selling the Turtle Trading Rules.

Since we offer the rules here for free we don’t see why anyone would pay for these rules anymore but that doesn’t stop people from trying to sell them.

Anyway, so far I’ve only skimmed through the Original Turtles document. I’m printing it out now and will read it tomorrow. From what I’ve seen it’s definitely worth reading. You may want to check it out.