Quote Originally Posted by jt12 View Post
What matters most is how large the losses are in comparison with the gains. Percentage of wins to losses is secondary (it does, unfortunately affect the psychology).
The three measures: Win Rate, W/L Ratio and Profit Factor can be related to each other using a formula (see: http://www.priceactionlab.com/Blog/2...d-payoff-ratio). WinRate is not necessarily secondary to W/L Ratio from the strict point-of-view of total profit generation, tho I agree with you that it's harder to follow a system with a low Win Rate.

Trader D