Peter Borish . If you were to put all the trend-following models side by side, you would probably find that most made profits and incurred losses in the same markets. They were all looking at the same charts and obtaining the same perception of opportunity. Some press accounts offer that a few Turtles are trading differently than originally taught. The above quote from Kenmar Asset Allocation best refutes the notion that Turtles are trading different methods.
Correlation is key.
Correlations among Turtle performance is never part of the press account. Articles that do not mention the current and past tight correlation in the world of Turtle trading are shortsighted. One can quickly find hard data at the TurtleTrader site displaying example upon example of the tight correlation. See the links in the left hand margin. Check What's New Section .