Anybody got a system with Profit Factor 2.0+ over 2000 trades?

OddTrader · Sep 10, 2006

Quote from fletch2:

Well I have a PhD in math, so...

I also have a few PhDs in maths/ music/ trading/ etc. at XYZ University (who teach my kids), a President at White House, a few brokers at ABC brokerage firm, so ...

Trader666 · Sep 10, 2006

Quote from JimmyJam:

Actually as Raystonn and Fletch2 have both already made mention (and other experienced traders have discoverd for themselves) the key to increasing your profit factor is not tweaking/massaging your entry/exit signals, but rather by using non-constant position sizing.

You might think they are BSing, but they are actually doing the readers a service by even bringing the concept to their attention.

Best Regards,

JJ

Here's what he wrote:

Quote from Raystonn:

Honestly, one of my better systems (3.80 profit factor, 75.61% of trades profitable, 0.86 Avg Win:Avg Loss ratio, about 26 round trip trades per year, about $570 profit per trade per contract) would need to be traded for 76 years before it hit approximately 2000 trades. Your definition of what makes a good system is a bit skewed.

That's not what he was doing in that post. While it's true that PF can be improved through position sizing, Raystonn's system is a lousy one to do it with because it trades too infrequently... and for that reason even if those numbers did add up, I wouldn't trade it. So in reality, Raystonn's definition of what makes a good system is more skewed than the OP's. FYI, TRULY experienced traders know that there are ways to improve PF (and Sharpe) above and beyond entries, exits and position sizing. And that those ways should be applied first, before position sizing.

Trader666 · Sep 10, 2006

Quote from OddTrader:

I also have a few PhDs in maths/ music/ trading/ etc. at XYZ University, so ...

I'm better than you... I have a PhD in EVERYTHING... every academic field that ever was or ever will be!

pairtracker · Sep 10, 2006

I'm better than you... I have a PhD in EVERYTHING... every academic field that ever was or ever will b

pairtracker · Sep 10, 2006

Quote from Trader666:

I'm better than you... I have a PhD in EVERYTHING... every academic field that ever was or ever will be!

Cool!

fletch2 · Sep 10, 2006

Quote from Trader666:

Now I also know you're a liar.

Interesting. You know this how?

Fletch

swtrader · Sep 10, 2006

Quote from fletch2:

Interesting. You know this how?

Fletch

what % of threads on ET are p*ssing matches leading nowhere?

I'll be that's a pretty high number

tacmot · Sep 10, 2006

I have a mechanical FX trading system built in Tradestation that has done 270 trades (not 2000) over 4 years with a profit factor of 302.50, 92.78% profitable,Return on Initial Capital 18:09,Sharpe Ratio 0.44,tacmot

fletch2 · Sep 10, 2006

Quote from swtrader:

what % of threads on ET are p*ssing matches leading nowhere?

I'll be that's a pretty high number

Agree. ET is 99.9% a waste of time. But maybe if people who go around slinging insults and calling people liars get called out from time to time, they'd behave better.

Fletch

man · Sep 10, 2006

Quote from tacmot:

I have a mechanical FX trading system built in Tradestation that has done 270 trades (not 2000) over 4 years with a profit factor of 302.50, 92.78% profitable,Return on Initial Capital 18:09,Sharpe Ratio 0.44,tacmot

is this post supposed to be funny?

regarding bashing: identify the guys you do not feel good about and use the ignore list. from those you do not like at all you usually do not learn at all. so you do not give up anything but ... bashing.