That's great, but it should be backed-up when someone is claiming a level of performance. He states it in half his posts but doesn't produce. Nothing to claim then no need to post performance.
Ok, so a LLC can be set up as an 'Advisor/Management' entity where you pay yourself a salary. The salary is subject to Self-Employment tax, but provides K401 and Health Insurance Benefits. Fine. Another LP or LLC is set up as the trading account and generates only unearned income. What tax rate is this subject to? The corporate tax and individual taxes are not so far apart... Are profits that are rolled over into the entity for another year taxed the same as withdrawn profits. What is the effective tax rate of the trading account? Great thread.... thanks.
Really great job, and comments from heech, epic etc. Good luck with setting up the business. Doublet posted his ib portfolio analysis...to me it looks darn real as can be. Hope you can continue!
Here you go. As I've said before, this is my main IB account, reflects most of my assets and profits, but doesn't reconcile perfectly with the consolidated numbers I'm citing.
Without looking at the old screen shot again, I'd assume its because of withdrawals. Comon I think a Quantwizard would be able to figure that out =P
This thing says I have a sharpe ratio of 4.8, with mean monthly return of 10.15%, and stdev of 7.32%. I've long believed sharpe to be a useless metric for me and typically an overused metric for most strategies, as it assumes returns to be normally distributed and does not account for various unquantifiable risks.