Turtle Soup
Turtle Soup Trading Strategy: Catching False Breakouts Like a ProIf you’ve been trading for a while, you’ve probably heard the old saying:“The market loves to punish the majority.”That’s exactly what the Turtle Soup strategy is all about. Instead of chasing breakouts like the crowd, it looks for situations where breakouts are likely to fail—and then takes the opposite side.The Origin of Turtle SoupBack in the 1980s, Richard Dennis trained a group of traders known as the “Turtles” to follow trend-following breakout systems. They made millions, but their style had one weakness: false breakouts.Linda Raschke noticed this flaw and created “Turtle […]
Why I decided to create a Blog?
Welcome to the blog!I’m Ozy, a trader who stumbled into coding not to become a programmer, but because I was just tired of doing things the hard way.I’ve been trading for about six years — stocks, forex, crypto — if there’s a market, I’ve probably tried it (and lost money on it at some point too). About three years ago, I picked up Python. Not to build apps or work in tech, but to automate and test my trading ideas without losing my mind (or more money).So… Why This Blog?This blog is just a place for me to share what […]