Re: Adjusted Net profit - Strategy Performance Report

[Michael Harris <eagle_marketing@xxxxxxxxx>]

Gary:

Thanks!  You answered my next question.  It seems the
"select" makes more sense.  
Thank you again for clearing this up.
Mike
---------------------
--- Gary Fritz <fritz@xxxxxxxx> wrote:
> > On the "Analysis" page of a Strategy performance
> > Report is an item called "Adjusted Net Profit."
> Can
> > someone tell me what this is and how it differs
> from
> > the regular Net Profit?
> 
> Online help says the average losses are "inflated"
> by their 
> square root (what's up with that!?), average losses
> are 
> "deflated" by their square root, and the net is
> calculated using 
> these "adjusted" trade values.  I have no idea why
> they use the 
> square root.  They just seem to be trying to come up
> with more 
> pessimistic values.
> 
> The "Select" profit/losses might be a bit more
> useful.  Those 
> figures are calculated by discarding any outlier
> trades.  
> Presumably they use the "Outlier Trades" shown just
> above the 
> "Efficiency Analysis."
> 
> Gary
>