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REMINISCENCES OF A CRUDE PALM OIL (CPO) TRADER

Thursday, December 24, 2009

STILL IN 16TH TRADE......PART 2

Finally, another party responded against what had been discussed with Curtis Faith previously. Here we are......

"Thank you for the opportunity to correct misunderstandings on your site:

1. My book on the Turtles ("The Compete TurtleTrader") is the most researched book on the topic available:

http://www.amazon.com/exec/obidos/ASIN/0061241709/trendfollowin-20

The contents of the book along with the end notes are extensive. It is a biographical account of the complete story and all of the players. It is not an autobiographical account of one person. It should also be noted that I have spent time with the most successful Turtle trader Jerry Parker in his office on several occasions. Additionally, Liz Cheval's positive comments about TurtleTrader.com are in the new Afterword of my paperback edition of "The Complete TurtleTrader". Lastly, I have indeed met Richard Dennis.

2. I have put the performance of most all Turtles in my book for the time they were Turtles and for the time after they were Turtles. The major exception? Curtis Faith. His performance numbers don't exist. Additionally, moving past the Turtle experiment 25 years ago Faith's firm Acceleration Capital was banned by the United States government recently:

http://www.turtletrader.com/curtis-faith-performance.html

I welcome a discussion here regarding Faith's failures (if there is some continued purpose to that?), but I only ask that chapters 7, 12 and the Afterword of my book "The Complete TurtleTrader" are examined first.

MC"

Although Curtis Faith never bother to respond eventually; I thought this is still a nice discussion to be continue. After all, turtles' story is always a myth to many and I believe every serious trend traders would be keen to know more about it!

MC, thanks for your nice explanation! Cheers!

P/s: Still holding short!

Monday, December 21, 2009

16TH TRADE VS 15TH TRADE SUMMARY

Alex on holiday...... so, on behalf of him; I just wish to inform that he had turned short on Mar FCPO at the average price of 2562. In another words, this is also the price that he exited his long positions.

On behalf of Alex,
Jason

Friday, December 18, 2009

STILL IN 15TH TRADE......PART 2




Alexis full moon...... so, gotta bring her back to see my late parents this weekend. Meanwhile, I take this opportunity to take a rest too. As such, there might be some delay updating (if there is......)on coming Monday. Everything shall resume as usual on Tuesday. Happy holiday to all and for those Muslims; Salam Awal Muharram.

P/s: Still on long!

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