Disciplined
Free Trading Tool

Risk-Reward Ratio Calculator

Calculate the risk-reward ratio for any trade. Enter your entry, stop loss, and take profit prices to see R:R ratio, breakeven win rate, and expectancy.

Track This Automatically with Disciplined

Disciplined calculates the R:R for every trade you log and tracks your average ratio over time. See which R:R ranges produce your best results.

  • Real-time metric tracking
  • Unlimited trade logging
  • Professional analytics dashboard
  • Free up to 50 trades

Understanding Risk-Reward Ratios

The Math Behind R:R

The risk-reward ratio is one of the most fundamental concepts in trading. Every trade is a bet with a defined risk and a potential reward. The ratio tells you whether the bet is mathematically worth taking.

R:R Ratio = |Take Profit − Entry| / |Entry − Stop Loss|

R:R and Breakeven Win Rate

The relationship between risk-reward ratio and the breakeven win rate is inverse. Higher R:R ratios require lower win rates to be profitable:

R:R RatioBreakeven Win RateCommon Strategy
1:150.0%Scalping
1:233.3%Day trading
1:325.0%Swing trading
1:516.7%Trend following

Finding Your Optimal R:R

The optimal R:R isn't necessarily the highest one. It's the ratio that maximizes your expectancy — the combination of R:R and win rate that produces the highest expected value per trade. By logging your trades in a journal and tracking outcomes at different R:R targets, you can find the sweet spot for your specific strategy.

Frequently Asked Questions

What is a risk-reward ratio?

The risk-reward ratio compares the potential loss (risk) to the potential profit (reward) of a trade. A 1:3 ratio means you're risking $1 to potentially make $3. It's calculated as the distance from entry to stop loss divided by the distance from entry to take profit.

What is a good risk-reward ratio?

Most professionals aim for at least 1:2 (risking $1 to make $2). Higher ratios like 1:3 or 1:4 allow you to be profitable with a lower win rate. However, there's a trade-off: higher R:R targets are hit less frequently, so the optimal ratio depends on your strategy and win rate.

What is the breakeven win rate?

The breakeven win rate is the minimum win percentage needed to break even at a given risk-reward ratio. Formula: Breakeven = 1 / (1 + R:R). At a 1:2 ratio, you need just 33.3% win rate to break even. At 1:1, you need 50%.

Should I always use a high risk-reward ratio?

Not necessarily. A very high R:R (like 1:5) means your take profit is far from entry, which gets hit less often. The best approach is to find the R:R that maximizes expectancy for your specific strategy. Some scalpers profit at 1:1 with a 60%+ win rate, while swing traders prefer 1:3+ with a 35% win rate.