Lets face it the Goal in Trading is not just to win but to win with the larges ratio of gains to losses (iow Profit Factor) possible.
I can't seem to get mine past 2.0. Its in the 1.0-1.5 range and I kinda feel embarrassed at what I feel is a razor thin edge.
So I ask is a long term profit factor of 2.0 or greater possible? I only ask because I've never seen it before or heard of it before because no one talks about it and no one in the P/L thread would post such info.
Another question I have is that the more frequently you trade, the less your profit factor because you simple don't hold winners long enough to become huge and more than make up for commisions and small losses. Also the more you trade the more small costs like commisions play a huge factor on the loss side.
It seems this is an issue nobody wants to talk about because everyone wants to quote number about how much money they made or some fund made but nobody wants to talk about what the gains to losses or reward to risk ratio is.
I can't seem to get mine past 2.0. Its in the 1.0-1.5 range and I kinda feel embarrassed at what I feel is a razor thin edge.
So I ask is a long term profit factor of 2.0 or greater possible? I only ask because I've never seen it before or heard of it before because no one talks about it and no one in the P/L thread would post such info.
Another question I have is that the more frequently you trade, the less your profit factor because you simple don't hold winners long enough to become huge and more than make up for commisions and small losses. Also the more you trade the more small costs like commisions play a huge factor on the loss side.
It seems this is an issue nobody wants to talk about because everyone wants to quote number about how much money they made or some fund made but nobody wants to talk about what the gains to losses or reward to risk ratio is.