profit factor

Discussion in 'Trading' started by sabena, Aug 30, 2002.

  1. sabena

    sabena

    suppose you make 100 points netto

    with 120 positive points
    and 20 negative points

    then the profit factor = 120/20 = 6 ,correct?


    What's an average,good and very good value
    for this factor ?
     
    #1     Aug 30, 2002
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  2. o_2_b_sean

    o_2_b_sean

    for intraday systems:

    0-1 shitty
    1-2 good
    >2 excellent
     
    #2     Aug 30, 2002
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  3. daniel_m

    daniel_m

    oh cool man...that means i'm teetering on the brink of exellence! yeeha! :)
     
    #3     Aug 30, 2002
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