Way of the turtle

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A C K N O W L E D G M E N T S
A
lthough I have learned from almost everyone I have interacted
with over the years, there are a few people I want to thank espe-
cially for their contributions to Way of the Turtle.
First and foremost, I am greatly indebted to Richard Dennis, who
had the balls to propose and execute the Turtle idea. I am also grate-
ful for his confidence in me and my abilities when I was only 19 years
of age. Richard is one of the modern era’s truly great traders. He is also
one of the most courageous. He is a thoughtful, honest, and genuine
person. I am honored to have learned from him.
Second, I want to thank Rotchy Barker, who was my first trading
mentor. He took me into his home and taught me for no other reason
than that he believed in me. Rotchy is the genuine article: a very gen-
erous and honest man and an excellent trader. I learned much of value
from Rotchy, not the least of which is that all successful people owe
their success to the help of others. I hope my own life honors that spirit.
Third, I want to thank George Arndt for having the crazy notion that
17-year-old kids could program computers long before that was a well-
known idea. But most of all, he gets credit for instilling in me his pas-
sion for trading and for persuading me to apply for the position with
Richard Dennis.
Copyright © 2007 by Curtis M. Faith. Click here for terms of use. 

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These three men helped set me down the path that became the Tur-
tle legend and provided the basis for this book. Many others have
helped me in the writing of this book.
Dalia Al-Othman, my dulce de leche and dear friend, helped me
get my prose in decent shape for submission to my editor. She was also
there helping me along and encouraging me whenever I was discour-
aged. Thank you, Dalia.
Jeanne Glasser, my editor, was terrific fun to work with. She is largely
responsible for the readability of this manuscript. The story flows and
the words come together because of Jeanne. The book would not have
been finished without her persistent guidance and nudging. Thank
you, Jeanne.
Tim Arnold is my longtime friend and business associate; and the
guy who now runs Trading Blox, LLC, the trading software company
I founded a few years back. Writing this book has taken away from the
time I normally would have committed to that business. Tim patiently
filled in the gaps I created by being dedicated to writing this book over
the last six months. Without Tim’s help it would have been impossible
to write it. Thank you, Tim.
There are few people in the world who do as much thinking about
trading and as much sharing of their knowledge as Mark Johnson, who
runs MGJ Capital Management, LLC. Mark has contributed an amaz-
ing number of postings to online discussion groups and forums over
the last several years that have made me think. Many of the changes in
my own thinking started with a seed planted by Mark, a seed that made
me challenge what I had been doing. Mark first gave me the idea
behind RAR% and much of what became R-cubed. Mark created the
basis for the ATR channel breakout system when he published his
PGO system a few years back. Mark also spent time reviewing this man-
uscript and gave me important and detailed feedback, including point-