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Risk & Exits

Profit Factor

Gross profits divided by gross losses — how many dollars came in per dollar that went out.

What it means

Sum every winning trade; sum every losing trade; divide. A profit factor of 1.0 is breakeven, 1.5 means $1.50 earned per $1 lost. Because it uses totals, it blends win rate and win size into one robust-ish figure of merit.

Two cautions: a few outlier winners can carry the whole number (recompute with the best trades trimmed to see if the edge survives), and untradeably-thin samples make any value meaningless. As a rough intraday yardstick, sustained values above ~1.3 on healthy trade counts deserve attention.

Why traders care

  • One number that punishes both frequent small bleeds and rare disasters.
  • Trimmed recomputation is a fast outlier-dependence test.

Educational content, not investment advice. Engine details describe how TraderWe computes this value; other platforms may define it differently.