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Old 03-24-2009, 10:28 PM
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Profit Factor
What does it mean when you run a detailed statement and it gives you a profit factor of 4.22?

Thx
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Old 03-24-2009, 10:33 PM
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Number of wins/number of losses
The higher the better
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Old 03-24-2009, 10:38 PM
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I have 161 wins and 15 losses so it should be higher then 4.22 shoudnt it.
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Old 03-24-2009, 10:59 PM
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Profit factor — the ratio between the gross profit and the gross loss in per cents. One means that these sums are equal;


  • Gross profit — the sum of all profitable trades in monetary units;
  • Gross loss — the sum of all unprofitable trades in monetary units;
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Old 03-24-2009, 11:02 PM
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Thanks Linuxser that makes it clear. and it works out right.
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