Free calculator
Is this trade
Is this trade
worth taking?
Entry, stop and target in. Your reward in R, and the wins it needs, out.
Working it out…
Runs in your browser: nothing you type is sent anywhere. Arithmetic, not advice.
How it works
Three steps, no magic.
STEP 1Risk
Entry to stop. That distance is 1R.
2.00STEP 2Reward
Entry to target, counted in R.
5.00 = 2.5RSTEP 3Break-even
1 ÷ (1 + R): the share of trades you must win.
29%
Counted for you
Every trade, in R.
Log your stop and Journalcade shows each result in R as well as dollars. Reports switch between the two with one tap.
- The trade drawer shows what’s left to record: setup, stop, grade and more
- Reports in dollars or R, and what breaking your rules cost Pro
- What-if lab: your trades replayed under rules you pick Pro
Questions
Quick answers.
What does R mean?+
R is what you risk on a trade: entry to stop. A 2R winner made twice what you risked; a −1R loser lost exactly what you planned.
What is a good risk/reward ratio?+
There isn’t one number. A 1R target can pay if you win most of the time; a 3R target can pay winning a third of the time. The ring shows the wins your target needs.
Does it work for shorts?+
Yes. Put the target below the entry and the stop above it.
What does the win rate add?+
With it, the calculator shows what you make per trade on average, in R: your wins × R, minus your losses × 1R.
Your career starts now
Your Rookie card is waiting.
Free to start. Journal your first trade today and watch the numbers fill in.