Meaning that for every dollar lost you make one and a half dollars.
Not good enough. I wouldn't trade anything with a profit factor less that 2.00 minimum.[/QUOTE]
You can't make an assessment of "not good enough" without taking into account trade frequency, and I would contend that your "profit factor" is a less useful indication than expectancy (avg win x win%)-(avg loss x loss%). With expectancy you can get to a total expected profit figure by multiplying out by the number of trades expected during a given period. With profit factor you've just got some number.