|
PureBytes Links
Trading Reference Links
|
Agreed, lots of trades is necessary.
But when the number of successful trades is say 85 for one test and 125 for another, is profit factor the best separator ?
Thanks
Peter
-----Original Message-----
From: Lawrence Lewis [SMTP:lel@xxxxxxxxxxxxxxxx]
Profit factor doesn't matter if the maximum drawdown is greater than your
account size! I look at two things first. 1) What is the maximum drawdown
and 2) how many trades. If there aren't at least 30 trades, I really
can't be confident in ther performance. I'd really like to see at least
30 winning trades and 30 losing trades so I could have some confidence in
the maximum drawdown.
After that, I look at profit.
When it comes to statistics, size matters.
Larry Lewis
|