I think win rate is more important when starting out (agree with Hari here). That said, they are two metrics assessing very different things and focusing too much on either can be detrimental – if you focus exclusively on win rate, you may take large losses because you are stubborn about taking losses. If you focus too much on profit factor, you may try and take a lot of small losses on trades that would’ve turned into winners, or you will become too selective trying to be a “perfect” trader. I would focus more on win rate and look at the consistency of your profits at the end of the day. If you see small green days sprinkled in with some huge red days, then you know you must focus more on cutting your losers earlier. But that has to be combined with your walkaway analysis.

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