It depends on how much you are investing each trade.
If for example you invest more on the loosing trades, you could have
such a result.



--- In [email protected], "flowridej" <[EMAIL PROTECTED]> wrote:
>
> I am working on a system and have come up with some results that seem 
> impossible.  54.58% of the trades are winners and avg profit/loss is 
> 1.72%  With these numbers the annual return is negative.  How can this 
> be?  Since more trades are winners and the average trade is positive 
> doesn't the return HAVE to be positive?  What am I missing here?
> 
> thanks,
> Jason
>


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