Turtle Strategy
Turtle Strategy
Turtle Strategy
BY VISHAL AGARWAL
CONTENTS
The one which we will learn is not based on this, but I agree with that, anyone could be taught to trade.
My name is Vishal Agarwal, I am a trader having seven year experience of stock market. I am not SEBI
registered this is only for educational purpose only.
The Strategy which I named them, some are mine and some are medication in others strategy. All
strategy are self traded and backtested.
The Turtle Rules
The Turtles rules are very simple which we have to follow, they are as follow
Position Sizing - How much to buy or sell : - ..... Second important role is your money management, many
traders are usually get failed over here. They do over trading if they are in loss or profit. How much to buy
or sell, what ever your investment is there you should always divide it into 3 stocks margin.
For eg : If your investment is 1,00,000 Rs. so if you divide you get 33,000/- each stock margin.
So If the script is of 300rs your quantity should not be more then 110 Qty
If the script is of 600rs your quantity should not be more then 55 Qty
If the script is of 1200rs your quantity should not be more then 25 Qty
Entries - When to buy or sell: - ..... Now the main important point is when to buy or sell, when to take entry,
this we will come to know while working with the strategy
Stops - When to get out of a losing position: - ..... Stoploss is not exceed more then 0.5% to 1% of stock price
Exits - When to get out of a winning position : - ..... At every 0.5% movement of stock price we will revised
our stockloss as per 0.5%. For eg our buying price is 500 and it moved to 0.5% i.e 2.5rs so we will revised
our stock loss to buying price, if it moved to 1% our stockloss will revised to 0.5%.
The Turtle Basic Candlestick
Hammer
Inverted Hammer
Hanging Man
Shooting Star
Bullish Engulfing
Bullish Harami
Bearish Engulfing
Bearish Harami
INVERTED
HAMMER
HAMMER INVERTED HAMMER
BUY BUY
BUY
1 1
SL SL
2 2
HANGING MAN SHOOTING STAR
2 2
SL SL
1 1
SELL
SELL
INVERTED
BULLISH ENGULFING
HAMMER INVERTED
BULLISH HAMMER
HARAMI
BUY BUY
3 3
1 1
1 2 SL 1 2 SL
2 2
INVERTED
BEARISH ENGULFING
HAMMER INVERTED
BEARISHHAMMER
HARAMI
1 2 SL 1 2 SL
1 2 1 2
3 3
SELL SELL
BUY BUY
The Turtle Strategys
Bullish Divergence
Trend Line
Type 1 Type 2
Type 2 Type 1
Trend Line