Hello everyone,
I have been using this strategy in which I choose the monthly TOP 5, which are present in the TOP 5 of the week, organized by “Profit”. I do this check daily.
At first, it worked but now it is not very healthy…
To use this strategy, what is more logical? To organize the strategies by “Profit” or by “Profit Factor”?
I question this because, for example, in the TOP 5 Month organized by “Profit” I have a strategy that made 41 trades to have a profit of $540, resulting in a “Profit Factor” of 1.65.
However, if I organize by “Profit Factor”, I have a strategy that made only 5 Trades (all positive) to have a profit of $224.. Of course, we should not choose strategies with a high “profit factor” that have less than 5 trades, because it has a reduced sample.
Is it more logical to choose a Top 5 organized by “Profit Factor” that have more than 5 or 10 trades, instead of choosing the Top 5 organized by “Profit”?
What do you think?
Good profits for everyone.