Profit factor for descretionary traders

[RebateMonkey]

thx.

 

[illiquid]

cps - .043 ytd

.03 12-month

.11 for May

 

[shopster]

Quote from cornixforex:

Hey RM,

Myfxbook attached to Oanda MT4 account.

oanda

-1

s

 

[cornix]

Quote from shopster:

oanda

-1

s

Who cares?

 

[tenthousandmen]

Quote from intradaybill:

Profit factor > 1 means net profit but nothing specific. Some kid with a $50 micro forex account can have a PF = 50 but net only $10 at the end of the year, so what? At the same time a hedge fund with a PF =1.1 can net $1 billion.

A pf of 50 on micro forex would be impressive. Note I said in the op that this was on a quarterly basis, which means trading more than just a few days average.

 

[ChkitOut]

Quote from Dustin:

All that really matters imo is cps (cents per share).

profit/volume

eg. $1000/100000=.01

Anything over .02 for sustained time is really good.

is that net or gross?