Here we will describe the story of "turtle" which is a group of people who had never traded before and went on to make more than $ 100 million in just four years. This article is all about learning forex trading for beginners and lessons can you learn from a turtle, for successful long-term forex.
The story begins more than 30 years ago in 1983 when trading expert Richard Dennis decided to prove that everyone could learn currency trading with the right training.
He makes a group of 14 people, both genders, all ages, the various levels of education and then starts teaching them for just 14 days to trade. If you want to learn about how to start forex trading from home then you can visit various online sources.
After 14 days of completion of training, he teaches them to execute forex trading strategies in real-time and adjust them with real money and real account – the result?
This group of traders went on to make 100 million dollars in just 4 years and many went on to become trading legends.
So what can you learn from this experiment?
The first point is it shows the potential trade using leverage and although you may not make as much money as the turtle with your forex trading system, it shows that anyone can learn if they have the desire to learn and the right education.
It also shows that trade is a special skill to learn, not some God-given gift and that everyone can learn. This suggests that to win at forex trading you do not 'have to work hard but work smart and get the right forex education, rather than knowledge for the sake of knowledge.