PropJournal
Free Tool

Risk:Reward Calculator

Calculate your R:R ratio and the minimum win rate needed for profitability. Enter your entry, stop loss, and take profit to evaluate any trade setup.

Direction
Price Levels
Account (optional)
Risk:Reward Ratio
1:2.00

Good R:R — favorable for prop trading

Risk

30 pips

$1,000 at 1% risk

Reward

60 pips

$2,000 potential profit

Breakeven Win Rate

33.3%minimum win rate to break even with this R:R
Expected Value by Win Rate
30% win rate$-100 per trade
40% win rate$200 per trade
50% win rate$500 per trade
60% win rate$800 per trade
70% win rate$1100 per trade

Track R:R on every trade automatically

PropJournal calculates R:R, R-multiples, and expectancy for every trade you log. See your average R:R across all strategies.

How to Use This Risk:Reward Calculator

Enter your planned entry price, stop loss, and take profit. The calculator shows your risk-to-reward ratio and the minimum win rate needed for the setup to be profitable over many trades. You can also enter your account size and risk percentage to see dollar amounts.

Why R:R Matters for Prop Traders

A favorable risk-reward ratio is essential for prop trading because it allows you to be profitable even with a moderate win rate. With a 1:2 R:R, you only need to win 33% of your trades to break even. This gives you a much larger margin of safety against prop firm drawdown limits.