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With 3-6% a day you will be the richest man known to mankind in no time yet you used the word 'measly'. With $10,000 initial capital, assuming that you are making on average of 4% a day. 1st year = $122 Million 2nd year = $1.4x10^12 In less than 2 years you will be the richest man known to...

You must be a graphic designer or something because your charts indicate so and you should be posting in a graphic designing forum called elitedesigner.com.

http://www.multicharts.com/easylanguage/

http://www.investing.com/

Those you bought in the beginning of the year and hold till date would have a net loss.

It's possible to make 30 pips a day. The question is can you make them consistently? Also it depends on your risk-reward ratio and win rate. Don't count on how many pips you could make, instead count on how many percentage of your equity you could make in a day.

You could if you have a large capital. But If you merely have enough to buy a contract or two, you can't.

Index futures are leveraged by default. Take the equity market as an example, which no leverage is being used. A stock trading at $100, if the price depreciate by 50%, you will only lose 50% (assuming that you have invested all your capital in this particular stock).

In the context of index futures, yes, I do agree.

First, the swap might diminish your profit. Second, have you considered commissions? The more leverage you use, the more commissions you pay. Why not you park your money in third world countries banks. eg. Kazakh c.bank = 12 percent.

If the trend following system (50-200) were to be adjusted to have the same level of drawdown of buy-and-hold by increasing the leverage, it will definitely outperform the buy-and-hold strategy.

And why is that? --------------------- October 9, 2007 to March 9, 2009 Nasdaq = -54.9% S&P 500 = -56.6% Dow Jones = -53.9% Based on the article, if one use a leverage of 1:2, bought-and-hold, he would get a margin call.

It was wise that you didn't invest with him.

Bill Dunn, Ed Seykota, Marty Schwartz, etc are technical traders. I have no doubt that one can make money using only technical analysis.

I disagree with the article and it is very misleading. Using trend following, you can actually risk higher, use higher leverage and obtain more returns. For the buy-and-hold, you cannot actually use much leverage, a leverage of 2 or 3 will blow your account off when the market crashes.

If you have been trading sim for only a month, I would suggest you to trade for another few more months and see how it goes. Risking 5k on a-month-tested sim trading is not very safe in my opinion.

1. How long have you been profitable in your sim trading? 2. Which market are you day trading? 3. How many percentage could you make a month on average? (This will determine if you need a funder, or you can live off of your 5K.) Out of curiosity, and I believe some of us here would like to...

Why the need of MATLAB, why not Ninja Trader?

If you day-trade, you will have a limit on the number of contracts you trade due to liquidity, hence, limited profitability. The larger your contracts, the more slippage you will experience and possibly lesser profit than expected.

My opinion is while it is good to approach trading systematically or programmatically, it could not beat the traditional discretionary trading. Systematic tradings will lose their edges over time, especially when more and more traders discover the same edges. A discretionary method based on...