Hi All,
After a long long slog I am finally making a profit. Over roughly 300 trades I am posting a profit factor of 1.2. To get to the point I am trying to discover whether or not that is good? What is the industry standard, what should I be aiming for? I don't really know anyone from the industry so I would love some input. I have searched online but everyone seems to have a PF of 2+ .
Help please!!!
After a long long slog I am finally making a profit. Over roughly 300 trades I am posting a profit factor of 1.2. To get to the point I am trying to discover whether or not that is good? What is the industry standard, what should I be aiming for? I don't really know anyone from the industry so I would love some input. I have searched online but everyone seems to have a PF of 2+ .
Help please!!!