2.5:1 historically, over the last few years, its improving and lately is high Contracts turnover varies a lot, atm its about 35 roundturns pm (but I'd have done that in the last week), I'm very picky about my exposure. And a few Sp500 etc
You are clearly in the 3F-bracket (friends, fools and family). And with 12 trades, not even that. However, I have been on the same track as you. Started out getting good results over a long period, talked with a few potential investors to back me with a few grand each, and slowly built from there over the last 4-5 years with good results each year. That way I have built a track-record, and can attain larger and larger investors. However, I have still not started approached the "big investors" yet. But I am getting closer. I still have my job (I do algotrading, so no need sitting and watching the screen all day). But I probably could quit it within not too long. But I am not going to do so for another while. I am focusing on building a longer and better track-record. That's what you should focus on as well. Build slowly and steadily. 12 trades haven't proved anything, and for any investor that isn't your mother, I think that is a very hard sell. You haven't shown that you can psychologically handle the trades that go against you. You haven't really traded in much of a challenging market. So wasting time trying to get "real" investors at this time is just that; wasting time. Spend that time building a track-record and proving that you can handle a variety of markets.
Sharpe of 2.5 is reasonable (though Sortino of 1 is kinda low). It’s the low turnover that would scare me. If it’s systemic, have you thought of approaching a PM team at some prop shop? What’s your background?