Once again, thank you kevinkdog for posting this wonderful curve.

This is how it is done everyone, if you want to help the traders, you have to show the proof of live trades and equity curve first, then let the trader work extremely hard to find their own edge(s). You can not give advice and be unprofitable yourself.

Thanks for all your kind help kevindog and I am definitely reading your book as we discussed. I was an idot for not reading 4 years ago, but I did not know any better and thought I can do it alone, listening to my unprofitable trading friends. WRONG. I need edges to trade. Now I only listen to people like Kevin, Jim Simon, and any other profitable traders. So far, I only see algo traders have the edge. I do not see discretionary traders showing any thing, just lots of talking and posting ideas. I only listen to algo traders now.

Thank you everyone.

I hope one day, I can get profitable and stay profitable, so I can help other traders. I want dare help traders now cause I make no money.

Once again, thank you kevinkdog for posting this wonderful curve.

This is how it is done everyone, if you want to help the traders, you have to show the proof of live trades and equity curve first, then let the trader work extremely hard to find their own edge(s). You can not give advice and be unprofitable yourself.

Thanks for all your kind help kevindog and I am definitely reading your book as we discussed. I was an idot for not reading 4 years ago, but I did not know any better and thought I can do it alone, listening to my unprofitable trading friends. WRONG. I need edges to trade. Now I only listen to people like Kevin, Jim Simon, and any other profitable traders. So far, I only see algo traders have the edge. I do not see discretionary traders showing any thing, just lots of talking and posting ideas. I only listen to algo traders now.

Thank you everyone.

I hope one day, I can get profitable and stay profitable, so I can help other traders. I want dare help traders now cause I make no money.

@goodoboy

Some things to point out about the curve. First this shows very little to no evidence of profit? Equity curves by themselves are very limited in information.

Some questions you should ask (Just a few):
...there are no details on type of strategy ( Swing, Breakout, mean reversion, etc.)
...does it use stops, if not what is the MAE per trade? This alone will kill a strategy.
...what about rollover, the curve gives no details of this. (losses or gains)
...Frequency of trades (high commission/slippage)

One thing it does show is nearly a $25,000 drawdown. That is very high considering soybeans. If you are diversified it might not be to bad, but if you like the heat then that is different.

I use maintenance as a guide to drawdown, but that is me.

So my point is, until you know more about an equity curve...its really just a squiggly line.

Maybe @kevinkdog will answer these questions for you, I asked but have not seen a response yet.

Thanks for the kind words, BUT...

Please do not put me on a level with Jim Simons. I doubt he posts HYPOTHETICAL equity curves on trading forums, he is too busy counting his billions.

Second, be skeptical of everything you see and read. My equity curve doesn't prove much - it alone certainly does not prove I am a profitable trader (or not). "Hypothetical" definitely applies here, as does the phrase "past performance is not indicative of future results."

Third, success and advice-giving are 2 different things. Tom Brady has gotten excellent advice from a few QB coaches, none of whom won a Super Bowl, let alone 6 of them! I've gotten plenty of good advice from people who probably never made money trading. (I judge the advice itself, not the person or their motives.)

Fourth, algo trading is far from the Holy Grail, just as is any other type of trading. The sad fact is most people lose, regardless of how they trade.

Finally, I worry about you jumping to a new approach too quickly. A few days ago you said you were only going to follow educators who've shown you the most recent 1 year of brokerage statements. (I have never shown any statements like that). Now you say you only listen to algo traders now. That is a rapid switch in thinking. I'm not sure either is the answer for you.

My advice: step back from trading for a few months, live or otherwise. Take a break, clear your head. You'll be amazed at how your perspective will change when you are no longer in the thick of it.

Hello WoodyFox,

You said a few days ago, you was going to show me some equity curves of intraday trading systems. Please show these curves please when you get some free time.

Thank you WoodyFox