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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jay Lyons who wrote (9580)3/4/1999 9:40:00 AM
From: TonyM  Read Replies (1) | Respond to of 43080
 
He also wrote once that backtesting showed that 5% winners and 32% losers provided the greatest profit

That seems counter to my fiddling with different strategies. Shouldn't a metric of evaluating a system be how long it takes for the winners and losers to resolve themselves? In my analysis trying to develop different strategies, I have found that this "transaction time" drives a strategy's return per unit time (Shorter is better). Do people agree that profit per unit time is more important that % winners, or just total profit?