1.61x means i average making 1.61 units per month of whatever i'm betting. ie- if i trade with a 4% of my account puke / day, then i'm averaging about 6.4% / month. can't really compare my simple annual rate of return because at times i ramp up my leverage so much during hot streaks so as to make that number completely out of context. i'm trying to figure out what my realistic expected returns could be if i tried to start my own hedge fund, so it would take all of my high leverage "shots" at moving up in size out of the equation and leave me with a more fitting leverage to the more unlimited bankroll a hedge fund would start. i mean once i took a shot jumping up to as high as 17% account balance puke point (and it paid off)- so just doing yearly returns is quite out of context.