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OP, what's your max "daily" DD for last year and this year?

I would mostly agree with your assessment. But it might still make some sense to manage OPM for a short period to bring up your account size, let's say from 1 Mil to 10 Mil.

I don't plan in becoming the richest person, and I have no intrest in "Nike sponsorship, million dollar paydays, women parachuting down from the skies..." Your all or nothing approach seems naive. IMHO even if you have a (meaningfull) sharpe of over 4 does not mean you will be the next warren...

So far there have been 2 types of comments here. Some argue that high Sharpe dosent mean a thing, others OTOH say high Sharpe is immpossibe (some actually argue both). IMHO high sharpe is possibe but dificult, and high sharpe means a lot especially if it is combined with low DD & high return...

I'm not necessarily trying to impress potential investors here & I have no intention to go into more specifics here on ET , but I'm pretty excited on my preformance so far this year, not so much the sharpe ratio, but the max DD of less then 2% P to V. Its not easy & I knew that when I made the...

Sharpe ratio close to 6 now YTD.

Position size is one thing, but there is 1 basic question. When you enter a trade do you have a solid reason why you think the trade would be profitable? Did you backtest it? Do you have a an exit strategy once it hits a profit target or loss? Are you sticking to your plans? Bottom line...

Yes, it’s easily scalable up to 10-20 Million. More then that not sure.

Return so far this year 20%+. Account size is 6 figures. How long do I need to have this type of record before start thinking about OPM?

Risk figures for first 3 ½ months of year. Sharpe 5.62, Max DD 1.81%. For how long do I need this type of record to consider managing OPM?

Going to cash account can make your life a lot easier depending on what you are trading.

Where can you see that data? Is Timber Hill the buyer when IB liquidates?

Sharpe is between 5 and 6 now, max DD is still at 1.24% for the year. Its good to see that account is stable, while market is falling.

Opened new smaller account last week, so far up 2.6%, max DD is .55%. Will see how it goes.

So all these experts here can't give me some simple advice..?

Where are all the advice givers?

Sahrpe is the return above risk free return, devided by STDV, however I'm not an expert in Sharpe. Maybe some readers here can explain better.

Just do a Google search.

Here is my advice to you. 1. For each trade you should have an edge, and a plan and stick to it. 2. Reduce your leverage. 3. Your goal should not be more then 25% per year. (If you make more that's a bonus.) 4. Risk managment should be your top priority, not return on capital.

Not automated, but I could have few accounts with 1 broker. Anyone else here has advice?