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pianotech

why is my profit factor bad?

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pianotech

According to what I am reading my profit factor is not considered to be good. Since starting  my portfolio on June 23, and with only 96 trades, my profit factor of 7.22 is unrealistic. Why so? I am trading very conservatively . . . using very small size 100 to 200, exiting bad trades with a tight stop loss, trading only mid-cap stocks that have good price action and high volume. Always wanting to improve, I am grateful for any help in understanding what I am not seeing.

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pianotech

Thanks Peter for your reply. I have entered all my trades into my Tradersync account and that's where I'm getting the 7.22 figure

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