What is an acceptable profit factor (or indeed £/$ profit) over a period of time? - page 2
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Aren't you concerned about having almost 2 million mismatched chart errors ?
Should I be when I'm using every tick on a daily chart test? The system is a stop and reverse system that works on end of day prices only anyway so I'm not sure that would make much difference?
1) So I am working along the right lines and in the right direction? Yes.
2) My goals are realistic and achievable? Yes.
3) I right to expect a drawdown double the max drawdown?
No, Draw-Down can go lower. [Don't trade money you cannot afford to lose].
4) ..would that lead me to be too conservative and under utilize my capital?
It's perfectly fine to under-utilize the capital. The real question is would you be happy with the returns?
Historical profit is not indicative of Future results. One selects a trading-system because it didn't lose in the past . . . Not because it'll win in the future.
Thanks for your help.
Should I be when I'm using every tick on a daily chart test? The system is a stop and reverse system that works on end of day prices only anyway so I'm not sure that would make much difference?
I don't know if you should be or shouldn't be . . . . do you know what the cause is of those mismatched errors ?
I'm afraid I don't. I'll look into what causes it. Thanks.