Richard Dennis
TraderWikipedia
19
MENTIONS
9
EPISODES
7
PODCASTS
Search complete. 19 mentions across 9 episodes found for "Richard Dennis".
Sep 25, 2026
Christopher UhlHOST
Hold on here.
Christopher UhlHOST
So Richard Dennis, he taught traders who had never done anything in the markets how to be successful.
Christopher UhlHOST
And the funny part is, is that he taught traders from all walks of life.
Christopher UhlHOST
Some of them were unbelievably successful.
Christopher UhlHOST
But they had the exact same rules.
Christopher UhlHOST
And they were even taught by the exact same teacher.
Christopher UhlHOST
And Richard Dennis says, I always say you could publish rules in a newspaper and nobody's going to follow them.
Christopher UhlHOST
The key is consistency and discipline.
Tom BallardHOST
Thank you for the feedback regarding last week's episode.
Tom BallardHOST
I chatted to Dr Richard Dennis about the big battle playing out in amongst the Greens and in Parliament when it came to this legislation relating to the Koala National Park and carbon credits.
Tom BallardHOST
I would say the feedback was varied.
Tom BallardHOST
Some people saying it's one of the best conversations we've ever had on this show.
Jeff MalecHOST
was an original turtle, right? And it was when he was a turtle,
Salem AbrahamGUEST
he was still working for Richard Dennis at the time.
Salem AbrahamGUEST
Oh, wow.
Salem AbrahamGUEST
So he said, Hey, well you could come to Richmond and, and I could, you know, at least show you some of what I'm doing.
Ben LichtensteinHOST
For years, I've listened to you talk about how traders should learn to love our trading system, every aspect of it, you say.
Ben LichtensteinHOST
I've also heard you say that 40 years ago when you first went to work for Richard Dennis and Bill Eckhart, you genuinely believed in the system they taught you.
Ben LichtensteinHOST
Almost immediately, you said, and you said maybe even more than any of the other turtles, perhaps even more than Richard and Bill themselves.
Ben LichtensteinHOST
Talk to us about how over the years you went from believing to loving.
Jerry ParkerGUEST
Well, it definitely took me some time to have that experience and to realize the alternative was way worse than not loving it.
Jerry ParkerGUEST
I fell in love with trend following before I met Richard Dennis, and I still am in love with trend following.
Jerry ParkerGUEST
So I think that's what I meant is that I think most traders, as they grow, experience have experience and trade over the years they could have a tendency to um evolve away from the methods that they initially learned or improve them and um even to the point where they look a lot different and not be so wedded to one sort of strategy you know i feel like that um that some traders are more systematic and that's what they believe in.
Jerry ParkerGUEST
It's all about the systems.
Michael MartinHOST
And I think they think that successful trading must be super sophisticated and there's gotta be neural networks and artificial intelligence and all this other stuff.
Michael MartinHOST
And it's really not, you know, when I don't know if it was Richard Dennis or somebody like that said that you could put, you know, a right there, their, their trading rules on the back of an, of an envelope.
Michael MartinHOST
They don't have to be all that sophisticated.
Michael MartinHOST
The key is to find a system of risk management that's suitable for your personality.
Anneke DemanueleHOST
Yeah.
Omar HassanHOST
Now... that is a federal piece of legislation so the labor party of new south wales chris minns rhyming scumbag said i'm not going to pass i'm not going to create a koala national park until that federal bill is passed yeah and the new south wales greens totally fell for it they were like yep we support this legislation we think it's necessary to create a park keep in mind as richard dennis of the australian institute has reported The revenue being raised by this carbon credit thing is 5% of the total funding for the park.
Omar HassanHOST
5%.
Omar HassanHOST
Totally irrelevant.
Anneke DemanueleHOST
And, like, all I've been seeing on Twitter is, like, you know, oh, well, like, not all the Greens voted for it.
Anneke DemanueleHOST
Like, you know, there's three Greens that crossed the floor over this and blah, blah, blah, blah, blah.
Anneke DemanueleHOST
And then, like, as Richard Dennis pointed out, well, enough of the Greens voted for it to become the fucking law.
Anneke DemanueleHOST
And that's the problem.
Jerry ParkerGUEST
You know, I'm just talking to myself really like, "Jerry, the time to do the right thing is now," and so you have to coach yourself up sometimes to get your confidence back.
Jerry ParkerGUEST
Uh, one of Richard Dennis' favorites statements was, "Do the hard thing, do the right thing." And I think, um-- And then I posted something on my Twitter recently that's a little bit different.
Jerry ParkerGUEST
I can't really remember it.
Jerry ParkerGUEST
Let me see.
Ben LichtensteinHOST
Well, no, that I actually, I, I kinda took it as a little bit of a kick in the butt.
Ben LichtensteinHOST
I kinda, I, I in some ways took it personally or, or definitely had a personal application that I could, uh, you know, had with that.
Ben LichtensteinHOST
And, um, eh, you know, I hate-- I sometimes feel like a broken record when I constantly reference that the, the, um, [clears throat] the article or the comment, I should say, the comment that Richard Dennis originally made about how he could post a system, his rules in the paper, and nobody would follow him because I kinda feel like that kinda feeds back into it again.
Ben LichtensteinHOST
It's like you have these-- You, you see the right way to do it, but yet it's not, it's not what you expected it to be, and so you don't follow them.
Christopher UhlHOST
And then going over to here, discipline.
Christopher UhlHOST
So this is Richard Dennis.
Christopher UhlHOST
Richard Dennis is famous for having created the turtle experiment.
Christopher UhlHOST
In the 1980s, Richard Dennis and William Eckhart, Bill Eckhart said, they basically had a bet.
Christopher UhlHOST
Richard Dennis said, hey, I can teach anybody to be a trader.
Christopher UhlHOST
And Bill Eckhart's like, no, you're either born with it or not.
Christopher UhlHOST
And Richard Dennis is like, hold my beer.
Christopher UhlHOST
So what he did was he got basically random people from all over the US, maybe even all over the world.
GaryHOST
And you can see when they get to stage two for the breakout.
GaryHOST
Richard Dennis, he is the founder of Turtle Trading.
GaryHOST
Go and Google it.
GaryHOST
Use AI.