An attempt to rank systems

C2
21

The weighted average in your example above with the two trades, would bump the PL per unit up to:



10000.01/10001 = 0.999999.



I think the P/L per unit of 0.505 is more accurate than one of 0.99999, because if I trade 100 (or 1 for that matter) stocks per signal, my PL per trade would 0.505 and not 0.999999.



Regards

- Fanus

22

OK. I’ll need to change it. It’ll get done eventually. There are a few higher-priority items first.

23

Fanus,

I see your point. However, the previous arguments of Hans and me are valid too: What if someone scales all trades proportional?



Matthew,

Thanks. Given the point of Fanus, it would perhaps even be better to report both statistics. I understand that this has no priority.

Jules

24

I can also see the value of having an “Average Trade” together with the Average Win and Average Loss already displayed in addition to keeping the PL per Unit.



Regards

- Fanus