I day trade the Stock Index Futures. I also trade some FX and Oil futures but the majority of my trading is with stock index futures. I am hoping to make a 120% return this year with a maximum draw down of 30%. Although the max draw down i am prepared to take is 30%, initially i donât want to lose more 15% of my starting capital, so i will be trading more defensively at first and then more aggressively as i begin to book profits. Even if i trade my plan with perfect execution and discipline the 120% upside target is still dependant on how the markets behave. I could struggle to make my target over the whole year or it could come easily in the first six months (or even in the first three months). Trading results are highly probabilistic and you never know when the winning and losing streaks will hit your account. In the tradition of neke's great ET journal threads i will post P/L updates at the end of each week.