what is the one strategy on collective, that has over 750 trades banked, and a profit factor of at least 1.5 or greater, direct me to the system?
PaulaHi Paula. You can find this out using the Grid - https://collective2.com/grid.
Type any number under column Profit Factor and # Trades.
If you do not see these columns in your current view, click the wrench icon under the instruments tab then select them from the list.
Here you go
Paula,
You might be interested this one: JY trading10 which trades dozens each day with over 80% of winning trades.
Is the number of trades an indicator you use to gauge the account activity? Wouldn’t you be better off worrying about the age of the account instead of the number of trades? Fewer trades means paying less commissions, no?
With Progressive Analytics https://www.collective2.com/details/93673804 I will make about 100 trades a year. The track record on Collective2 is still fairly young, but the profit factor is a solid 3.3 and with moderate trading, trade commissions are minimal.
At ~$5/trade, that’s about $500/year which means somewhere around 10% of your return is gone just like that (assume a $25 000 account with 20% return). A lower return means a higher percentage, and an increased number of trades raises that percentage even more. This is just me thinking out loud…
I’d love to hear what others think. Is the number of trades a stronger indicator of performance than age?
The number of trades is important because the larger the sample size the more statistically valid the system is.
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A system needs at least 30 trades to be statistically significant. The more trades the better. The longer the time period the better.
