Profit Factor is a simple and useful measure to evaluate your trading performance, which is shown on each statement from your broker.
Profit Factor =
Gross Profit
---------------
Gross Loss
Profit Factor = 1 is breakeven level.
Profit Factor < 1 is Losing.
Profit Factor > 1 is Winning.
What is your Profit Factor target? (Be realistic for something achievable please)
Profit Factor =
Gross Profit
---------------
Gross Loss
Profit Factor = 1 is breakeven level.
Profit Factor < 1 is Losing.
Profit Factor > 1 is Winning.
What is your Profit Factor target? (Be realistic for something achievable please)