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Film Update

Michael Covel (January 05, 2008)

The first ever film documentary to really analyze investor behavior along with the winners and losers in the market is underway.

Turtle Curtis Faith: Former Firm Acceleration Capital Faces CFTC Investigation

Michael Covel (February 02, 2007)

Curtis Faith started Acceleration Capital with Yuri Plyam in 2003. Faith talked about that firm's beginning in July 2003:

...I approached Yuri Plyam at Castle Trading several weeks ago about the possibility of our partnering to form a series of commodities pools targeted at the investor with between $25K and $1 million.

Curtis Faith was a managing member of Acceleration Capital (website listed Curtis Faith's name through Feb 07; website now removed). Firm disclosures dated in 2003 stated:

Acceleration Capital, LLC has also been registered with the National Futures Association since 09/08/03. Curtis Faith and Yuri Plyam are both listed principals and registered Associated Persons of Acceleration Capital, LLC since 09/08/03 and associate members of the NFA. The Managing Members of the partnership are Curtis Michael Faith (Mr. Faith), and Yuri Plyam (Mr. Plyam). They will supervise all the Partnership's investment and administrative functions. Currently, the managing members have not invested in the pool, but reserve the right to do so in the future. Curtis M. Faith is a managing member of Acceleration Capital, LLC, an investment management company and the General Partner of the Partnership.

Hedge Fund Alert ran with the headline "Commodities Whiz Back in Business" on May 19, 2004. An excerpt:

Curtis Faith, a trader who cut his teeth under commodities luminary Richard Dennis, has started his own managed-futures fund. Faith launched his Acceleration Mercury 4X last month with a small amount of cash. He has just now started to market the vehicle and believes he can raise $100 million by year end - although he hasn't set a formal fund raising goal.

This excerpt was reported in HedgeWorld Daily News on May 20, 2004:

Mr. Faith manages the fund with Yuri Plyam, managing member of Acceleration Capital and president of Castle Trading Inc., Northridge, Calif. Mr. [Curtis] Faith also is...a managing member of Turtle Trading Software, according to the firm's web site. Mr. [Curtis] Faith previously worked with noted futures trader Richard Dennis and had taken a 15-year break from the business, he said.

This relationship was discussed online in 2004 (A screen shot backup of the post in question).

Acceleration Capital Investigated by Government

Acceleration Capital's performance history (EXCEL) showed significant losses from April 2004 until July 2005. Routine NFA examinations of Acceleration Capital started on August 22, 2005. Curtis Faith's NFA associate member status, associated person status and principal status were withdrawn August 23, 2005.

Acceleration Capital permanently surrendered registration with the CFTC via settlement in January 2007 for what the CFTC believed were violations of the Commodity Exchange Act.

Curtis Faith Background

Curtis Faith documents.

Hedgestreet Binaries - New Opportunity

Michael Covel (August 10, 2006)

Don't fixate on the buy/sell logic in the following PDF report (trend following is just the opposite). But do look at the concept of the instrument they are discussing. The wider variety of financial instruments available, the better opportunities we all have for managing risk in a portfolio - ...

Guidelines for Investors: Psychology Pointers

Michael Covel (August 02, 2006)

I found this untitled document PDF buried in Google. It does make some very good points regarding trading psychology. However, I am not on board with their desire to find "fair value" (whatever that means!), but the simple old ...

Russell Sands: Original Turtle Taught by Richard Dennis

Michael Covel (November 03, 2005)

Russell Sands was an original Turtle taught by Richard Dennis in 1984. He was a Turtle for one year. Sands provided unique insights for the TurtleTrader book. He was candid and open. He expanded on much of the behind the scenes ...

FX Basics from FXCM

Michael Covel (August 31, 2005)

FXCM.com offers a forex basics class that can help the new trader or beginner get a better handle on a foundation level FX understanding.

...

Forex v. Futures: The History

Michael Covel (August 29, 2005)

Compliments of FOREX.com

The global foreign exchange market is the largest, most active market in the world. Trading in the forex markets takes place nearly round the clock with over $1 trillion changing hands every day. It is the main event.

The benefits of forex over ...

Forex v. Equities: History

Michael Covel (August 29, 2005)

Compliments FOREX.com

If you are interested in trading currencies online, you will find that the Forex market offers several advantages over equities trading.

24-Hour Trading

Forex is a true 24-hour market, which offers a major advantage over equities trading. ...

CSI Price Data Discount from TurtleTrader

Michael Covel (June 09, 2005)

We have developed a solid relationship with CSI data over the years. All of our clients and readers will receive a 10% discount off of published CSI data subscriptions rates. The 10% does not apply to the one-time license fee.

To receive the 10% discount simply contact CSI ...

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  • Market Wizards Paul Tudor Jones

    When I was in college I read an article on Richard Dennis, which made a big impression on me. I thought that Dennis had the greatest job in the world. (Read more)

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