A mechanical trend-following trading system based on Price Momentum signals, specifically the 20 and 55 Day Highs. In 1983, commodities trader Richard Dennis bet with his business partner Bill Eckhart ...
Chicago's trading legend Richard Dennis famously turned a $1,600 loan into a $200 million fortune. He also conducted a social experiment that turned 23 novice investors into overnight millionaires.
Stock traders profit from slight movements in asset prices. By entering and exiting positions with precise timing, traders can grow their portfolios over time. It may seem like luck to properly time ...
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