From Richard Dennis to Today: The Evolution of Mechanical Trading

The Early Days

In the days of Richard Dennis, mechanical trading was a manual process. The Turtles had to manually calculate their entry and exit signals and then phone their orders in to a broker. This was a slow and cumbersome process.

The Rise of the Personal Computer

The advent of the personal computer in the 1980s and 1990s reshaped mechanical trading. Traders could now use software to backtest their systems and to generate their entry and exit signals. This made the process much faster and more efficient.

The Internet and Algorithmic Trading

The internet and the rise of algorithmic trading have taken mechanical trading to a whole new level. Traders can now connect their computers directly to the exchange and have their trades executed automatically. This has opened up a world of possibilities for mechanical traders.