I like to collect quotes from books I read, and here you have some good quotes from the book:

1. …we were taught how to think in terms of the long run whan trading and we were given a system with an edge. (page 34)
2. The Turtle Way views losses in the same manner: they are the cost of doing business rather than an indication of a trading error or a bad decision. ……In fact, we were taught that periods of losses usually precede periods of good trading (page 37)
3. The secret of trading and of the Turtles’ success is that you can trade successfully by using ideas and concepts that are well known and have been around for years. But you have to follow those rules consistently (page 39)
4. Over the years I kept finding evidence that emotional and psychological strength are the most important ingredients in successful trading. This was my first exposure to that idea and the first time I had seen it in action (page 44).
5. Good trading is not about being right, it’s about trading right. If you want to be successful, you need to think of the long run and ignore the outcomes of individual trades (page 44).
6. ….It takes a lot of time and study before one realizes just how simple trading is, but it takes many years of failure before most traders come to grips with how hard it can be to keep things simple and not lose sight of the basics (page 115).
7. Keep it simple. Simple time tested methods that are well executed will beat fancy complicated methods every time (page 131).
8. In a similar manner, simple rules make systems more robust because those rules work in a greater variety of circumstances (page 212).
9. People have a tendency to believe that complicated ideas are better than simple ones….Some of us thought that trading successfully couldn’t possibly be that simple; that there must be something else to it (page 224).
10. The primary goal of trading should be to stay in the game (page 116).
11. Luck or random effects play a large role in the performance of actual traders and actual funds even though the best traders do not like to admit that to their investors (page 159).
12. They often do not realize how markets go through phases and change over time, often returning to conditions that previously existed….In trading as in life, the young often fail to see the value in studying the history that occurred before they existed (page 193).
13. The reality is that you don’t know and can’t predict how a system will perform. The best you can do is use tools that provide a sense of the range of potential values and the factors that affect those values (page 196).
14. There are many successful discretionary traders, but there are far more unsuccessful ones. The biggest reason for this is that the ego is not your friend as a trader. The ego wants to be right, it wants to predict, and it wants to know secrets. The ego makes it much more difficult to trade well by avoiding the cognitive biases that hinder profits (page 224).
15. One of the ways in which good traders differ from those who are less successful is that they are not afraid to be different (page 235).
16. Nothing ventured, nothing gained. Risk is your friend (page 236).
17. Most successful traders use a mechanical trading system…..It makes it easier for a trader to trade consistently because there is a set of rules that specifically define exactly what should be done (page 245).