If you want me to manage 10 million for you, I would have no problem showing you an actual statement. I have provided allready my equity curve once in March based on your request. As for motivation, I hope to learn more from other traders how to adjust size, risk, and goals. Just because I have had a very good 4 months dosent mean I "have all the answers". (neither does it mean I'm in fantasy..) There is a lot of traders that had good 4 months, and then some nasty surprises.
An equity curve means nothing without attribution to a series of trades which remain unverified. Amazing how you are prepared to go from learning as you say is your motivation with a small account to willing to manage $10m while still learning. If I offered you $9m will you be willing to make an exception and show me your statements? Any way this dialogue is counter productive; however, my only motivation is to cast doubt as any person viewing this thread should have. I would hate for you to be able to entice someone reading this thread to somehow give you money to manage without providing the necessary due diligence. Good luck and lets see with a full broker statement how you are doing at the end of the year.
I think I have a very good strategy, but that does not mean I can't learn from others. As I have stated before I would NOT go into more details about strategy, trades etc here on ET. If you realy want to know more, you can send me a PM
Mickson, Sharpe of 5+ is possible on a small account. I know multiple people who exhibit such or even better sharpe, especially for a small account. Its not fair for you to question OP's integrity without any basis. Also it is still only 4 months, his sharpe might go below 4 or even below 3 by the time year is over. So not fair to raise questions on his credibility at this stage. Imho, the best way to use this journal for most people on ET is to see that yes such sharpe is possible. When you start out becoming consistent and successful in trading, you never know the horizons. OP is showing some horizons and its best to use this as a way to break our beliefs that such high sharpes are impossible to achieve.
Does Sharpe ratio take into effect intraday risk? Meaning if you lever up big intraday, make some good profits, then take your risk down significantly at the close, wont that skew your sharpe ratio to make it look better?
Here are the exact numbers YTD including returns and some risk measures. Return YTD 31.82% Max Drawdown: 2.12% Recovery: 1 Day Sharpe Ratio: 5.78 Sortino Ratio: 15.87 Calmar Ratio: 109.21 Mean Return: 0.33% I am at a cross road right now. I feel very comfortable with my strategy for now, but I am not sure how long I will able to practice this edge before it gets neutralized. There are 2 ways how I can expand. One option is to switch to portfolio margin and increase size substantially (I am on Reg-T now and I am maxed out). The second option would be to get some new money. I have someone close to me that could probably invest a 7 figure amount if it makes sense. Iâm not sure which option is better. Would like to get some advice here which route to take. (Private Massage is welcome)
The correct way to invest with someone showing your return characteristics is to set up a tight max DD limit and if you breach that without making decent returns first, to immediately pull the plug and take out the capital. if I am your investor, looking at your track record, I will set a max DD limit of 5% and if you hit that without much returns to show for, I will withdraw my capital. Go for 7 figure investment and take it forward from there. Especially because you seem so unsure about the longeveity of your edge - so if you think the edge is there 'possibly' only for a short period, man milk the cow before the milks dries - Farmers have known this for centuries Good luck. Send me a 1000$ check for this valuable advice!