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Risk/Reward Calculator

Calculate risk/reward ratio for your trades and analyze potential outcomes

Calculate Risk/Reward Ratio
Enter your trade setup parameters

The price at which you plan to enter the trade

Your maximum acceptable loss level

Track Your Risk/Reward Automatically

Stop calculating manually for every trade. Journal IQ automatically analyzes your risk/reward ratios, tracks which setups perform best, and shows you exactly how to improve your edge. Get actionable insights and your personalized Decision IQ Score.

What is Risk/Reward Ratio?

The risk/reward ratio measures the potential profit of a trade compared to its potential loss. It's one of the most important metrics for evaluating trade quality.

Understanding the Ratio:

  • • 1:1 = Risk $100 to make $100
  • • 1:2 = Risk $100 to make $200
  • • 1:3 = Risk $100 to make $300

A higher ratio means you stand to gain more relative to what you're risking, making the trade more attractive from a risk management perspective.

Calculation Formula

Formula:

Risk = |Entry Price - Stop Loss|

Reward = |Take Profit - Entry Price|

Ratio = Reward / Risk

Example:

Entry: 1.0850, Stop Loss: 1.0800, Take Profit: 1.0950
Risk = 50 pips, Reward = 100 pips
Ratio = 1:2

Best Practices

Minimum 1:2 ratio: Aim for at least 2x reward vs risk

Professional traders: Often target 1:3 or higher ratios

Avoid 1:1 or lower: Requires very high win rate to be profitable

Multiple targets: Use scaled take profits (TP1, TP2, TP3) to maximize gains

Win rate matters: With 1:2 ratio, you can be profitable with 40% win rate