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The Turtle Trading system devised by Richard Dennis worked very well for traders in the 80’s. The question is whether or not it would work today. Turns out, it probably would not. Trading Blox backtested the Turtle Trading System and found that returns were completely flat between 1996 and 2009. The Original Turtle Traders' Trend Following System You may have heard of the turtle traders; this was an experiment by Richard Dennis in 1983 - this guy had made a lot of money himself trading The History of the Turtle Traders and Russell Sands In the early 1980’s two guys named Richard Dennis and Bill Eckhart developed a unique commodities trading system that gave them profits in all kinds of markets. In fact Richard Dennis started with only $400. After a few years he had banked over $200 Million dollars.

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