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 ?
     
  2. for intraday systems:

    0-1 shitty
    1-2 good
    >2 excellent
     
  3. oh cool man...that means i'm teetering on the brink of exellence! yeeha! :)