Anything that consistently gives you noticeably greater net ROI than the interest rate you get from your local friendly bank, and such that you don't incur a dangerous drawdown which threatens your ability to continue trading (ie a margin call).
winning percentage is meaningless without discussing drawdown
2-3 profit factor with 65-85% consistency is amazing, with any system (discretionary/automated) IMO.
Now can it be done going forward is the question? Also, how long was your lookback for your testing?
You probably aren't familiar enough with NT's "gotchas" and have fallen into a trap of limit orders, 1 bar targets, or exotic bar types, among others.
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The following user says Thank You to Big Mike for this post:
This is an interesting question what was on my mind also. I'am very interested in what the experienced traders on this board would view as a cutt-off point of the testing and would trade a method - automated or discretionary - with real cash.
If you take into account the following parameters:
3.profit factor ( combination of 1&2)
4.number of trades the method generates per unit of time per instrument
What would be your minimum requirements of these parameters, to start trading your method live?
What is realistically attainable?
One of my worst enemies are my own false assumptions