I have asked about Profit Factor Target data a while ago http://www.forexfactory.com/showthread.php?t=179445.
Yes, why not ask for your current Profit Factor itself instead.
Profit Factor is a simple and useful measure to evaluate your trading performance, which is shown on each statement from your broker.
...................... Gross Profit
Profit Factor = --------------
...................... Gross Loss
Profit Factor = 1 is breakeven level
Profit Factor < 1 is Losing
Profit Factor > 1 is Winning
Remarks:
1. If you make only one winning trade, you Profit Factor will be infinity, to be meaningful poll your profit factor only if you have made a few dozen of independent trades.
2. You see a significant proportion of votes go to >50. This may be due to the employment of no-stoploss strategies by some voters here. Don't worry about it, and just make your vote.
Yes, why not ask for your current Profit Factor itself instead.
Profit Factor is a simple and useful measure to evaluate your trading performance, which is shown on each statement from your broker.
...................... Gross Profit
Profit Factor = --------------
...................... Gross Loss
Profit Factor = 1 is breakeven level
Profit Factor < 1 is Losing
Profit Factor > 1 is Winning
Remarks:
1. If you make only one winning trade, you Profit Factor will be infinity, to be meaningful poll your profit factor only if you have made a few dozen of independent trades.
2. You see a significant proportion of votes go to >50. This may be due to the employment of no-stoploss strategies by some voters here. Don't worry about it, and just make your vote.