 However, he highlights the difficulties in using these concepts, mentioning that "the analysis of commodity markets is prone to pitfalls in statistical inference, and if one uses these tools without having a good foundational understanding, it's easy to get in trouble".Prior to founding ETC, Eckhardt was also involved in the Turtle Trading experiment, set up by partner, friend and fellow trader Richard Dennis.The goal of that experiment was to settle a philosophical disagreement between the two partners, to determine whether the skills of a successful trader could be reduced to a set of rules (i.e.