Manhattan, KS
Experience: Intermediate
Platform: NinjaTrader
Broker: CQG
Trading: NQ, ES, CL
Posts: 2 since Jan 2022
Thanks Given: 22
Thanks Received: 0
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As with all things. It depends on your system. Personally, I am working on automated scalping strategies (typically only holding 1-2 bars on any timeframe I'm trading). I do pay attention to it and target a 1 in backtesting but I value my profit factor much more, I've found I can be under a 1 on Sharpe and very profitable still day trading but the higher the Sharpe ratio in my backtests the less painful the drawdowns are in real time typically (for me).
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