Win rate vs profit factor: which metric actually matters?

Win rate tells you how often the model is right. Profit factor tells you whether the wins pay for the losses.

AlgoX currently shows an 81% win rate and a 2.09 profit factor on 2,261 verified trades. A high win rate with a weak profit factor can still grind an account down if losers are much larger than winners.

Look at both, then look at sample size and time in market. 20 profitable months is more informative than a two-week screenshot. Independent logging on Myfxbook is more informative than a branded PDF.

If a vendor will only show win rate, ask for drawdown, profit factor, and the full trade list. The missing metrics are usually the story.