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Free trading tool

Risk reward calculator:your stop, your target.

Enter where you are getting in and where you are wrong, choose a reward-to-risk ratio, and this places the take profit, prices both outcomes in dollars and shows the win rate the trade needs to break even.

Take profit at 1.08400. Risk $200.00, reward $400.00. Break-even win rate 33.3%.

Take-profit price

1.08400

40 pips from entry

Stop distance

20 pips

Risk / reward in dollars

$200.00 / $400.00

Before commission

Break-even win rate

33.3%

Win more often than this at 1:2 and the trades are net positive before costs

Spread, commission and slippage are not deducted.

How it works

The formula behindthe numbers.

The stop sets the risk. The ratio sets how far away the target is. The two together set the win rate the trade needs.

Stop distance = |entry − stop loss|. Take profit = entry + stop distance × R for a long, entry − stop distance × R for a short. Break-even win rate = 1 ÷ (1 + R): at that win rate the winners exactly pay for the losers, before costs.

Worked example. Long 1 lot of EUR/USD at 1.08000 with a stop at 1.07800 is a 20-pip stop, or $200 at risk. At 1:2 the target sits 40 pips away at 1.08400, worth $400, and the trade breaks even winning 33.3% of the time. Short 0.2 lots of gold at 3,500 with a stop at 3,510 risks $200; at 1:1.5 the target is 3485.00 for $300.

A ratio says what a trade pays if it works. It says nothing about how often it works - that part is the strategy, and no calculator supplies it.

Reference

Break-even win rateby ratio.

The win rate each reward-to-risk ratio needs just to break even, before spread and commission.

Reward to riskBreak-even win rate20-pip stop: target distance
1:0.566.7%10 pips
1:150.0%20 pips
1:1.540.0%30 pips
1:233.3%40 pips
1:325.0%60 pips
1:420.0%80 pips

The rules behind the maths

Where this meetsa GFN account.

The dollars at risk are what a stopped-out trade takes from the day. On a $100,000 1 Step the daily loss limit is $5,000, so a $200 stop uses 4% of it - and commission counts too.

Common questions

Risk and reward,answered.

Measure the distance from entry to stop, multiply it by the reward-to-risk ratio you want, and add it to the entry for a long or subtract it for a short.

There is no single answer. It depends on the win rate: a 1:1 trade needs to win more than half the time, a 1:2 trade more than a third, a 1:3 trade more than a quarter - before costs.

You stand to make twice what you stand to lose. With a 20-pip stop, the target is 40 pips away.

The dollars at risk are what the trade takes out of the day's loss buffer if the stop is hit. On a GFN 1 Step account the daily loss limit is 5% of the starting balance, and commission counts toward it.

Ready when you are

Your capital stays yours.The risk is ours.

One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.

No subscriptions or hidden fees

Payouts every 14 days

$400,000 max total allocation