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Jean Ja
We maintain the following numbers, but I'm not sure which one is what you're
looking for. Here are our numbers for 2000 (YTD not counting any open
positions), for the system we're trading right now. We did modify it
slightly and managed to eliminate a large loss that I did include in
calculating our ROI. On one of my spreadsheets, I have the actual numbers,
but I just grabbed the last spreadsheet I had open in Excel to provide you
with our summary calculations. Without looking it up, I think our actual
trades show about 400+ points profitable and 110 points in losing trades.
When I did the stuff out for the programmer and if I remember, I'll send it
along.
2000 Statistics
Total Trades 13
# Winners 10
# Losers 3
% profitable 76.92%
Total points winners 495.20
Total points losers -29.60
Net points 465.60
Avg winner: 49.52
Avg loser -9.87
Payoff ratio: 5.02
The payoff ration is the average winner divided by the absolute value of the
average loser. Everything else is self-explanatory, I think.
Guy
Paranoia...you only have to be right once to make it all worthwhile!
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Macromnt@xxxxxxx
Sent: Thursday, May 11, 2000 3:03 PM
To: metastock@xxxxxxxxxxxxx
Subject: Profit factor
Hi Guy:
Sorry, I guess I was not clear but the profit factor is not the rate of
return on investment (not to mention on margin).
The profit ratio is interesting in correlation with the winning percentage.
Each of this statistic is not relevant on its own. Personnaly I like to look
at the Edge per Trade number that combines somewhat the two concepts.
Jean Ja
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