I glanced at the dissillusioned thread, and no wonder so many traders are dissillusioned. I'm still dissillusioned 16 months into this. 8 weeks of consistent profitability has taught me that the most important thing in trading is to have realistic goals. When first starting out i wanted to make 200% unleveraged returns and 1000%+ leveraged and consistantly failed. Now I only go for about 1 point a day in the ES on average which is about 20% a year unleveraged and the only time i fail is when i get too freaking greedy , abandon system, and overtrade like this past friday. The biggest scam about the hedge fund business and all this talk of double digit returns is that there are almost all leveraged. The guy who made 40%+ (like VN), may have done it on 5* leverage with is like a less than 10% unleveraged return with shit like DDs and consistancy - but the guys a freaken multimillionaire. I don't know why all you guys here with tons of money and experience and consistant profitability aren't exploiting this hedge fund business to the max. All you have to do is beat the S&P index and inflation (which isn't asking for much) month after month and you'll be a multi.