Quote from steve46:
I am always amused at the range of comments from the fantasy traders.
As many of you know I am retired (recently), but I am pretty sure that in my office today, they are still using CQG as the primary feed, Esignal as backup, and until recently Qcharts as a third alternative.
I think the idea that a trader needs to be adequately capitalized is correct, however I am skeptical that a number can be pulled out of the air. Frankly the minimum level of capitalization depends on the market the kind of edge the trader has, and the strategy.
For retail traders a good rule of thumb is to backtest, obtain your max drawdown figure and double it. better yet, if you can put a monte carlo engine to work on the problem you will find it worth the effort as it will produce a more accurate figure than a standardized retail product like Tradestation.
Good luck
Steve