Win Rate Calculator [Free Tool]
Log your closed trades and see your winning percentage — then combine it with average win and loss to find expectancy. The number that matters is not how often you win.
Disclaimer: Trading financial instruments involves risk, and everything on this page is provided for educational purposes only. Nothing here is financial advice or a recommendation to buy or sell any instrument.
Win Rate
60.0%
3 wins / 2 losses / 5 total
How is this calculated?
Win Rate = Wins ÷ Total Trades × 100
Read the full user guide
Every parameter, formula, and worked example — a complete reference for this tool.
What is a trading win rate?
Win rate is the percentage of closed trades that end in profit. It is one of the most watched statistics in trading — and one of the most misunderstood, because it says nothing about how much was won or lost on each trade. A strategy can win 70% of the time and still bleed money if its average loss dwarfs its average win, while a 30% win rate can still be profitable when winners are three times the size of losers. This calculator computes your win rate, and pairs it with the win/loss amounts so you can see expectancy — the number that actually tells you whether the approach pays.
Key concepts
Win rate
Winning trades divided by total closed trades, as a percentage.
Payoff
Average win size relative to average loss — the missing half of win rate.
Expectancy
What the strategy earns per trade on average, combining win rate and payoff.
A worked example with real numbers
- 1
Count the closed trades
Over your last 50 closed trades, 18 were profitable and 32 were losers.
- 2
Divide wins by total
18 ÷ 50 = 36%, so your win rate is 36%. In isolation that sounds weak — but the story is incomplete.
- 3
Add the average win and loss
Your average winner makes $60 and your average loser costs $20. Expectancy is (36% × $60) − (64% × $20) = $8.80 per trade.
- 4
Read the conclusion
A 36% win rate with a 3:1 payoff is solidly positive. The win rate alone was misleading; expectancy is the number that matters.
How to use it
Enter wins and losses
Count of profitable and losing closed trades.
Read the win rate
The resulting percentage of profitable trades.
Add amounts for expectancy
Combine with average win/loss to judge profitability.
The formula, step by step
Win rate
Win rate = Wins ÷ (Wins + Losses) × 100%
Breakeven view
Profitability ≈ Win rate × Avg win − (1 − Win rate) × Avg loss
Win rate alone is never enough.
Mistakes traders make
✗ Chasing a high win rate because frequent wins feel better
✓Feelings are not returns. A 70% win rate can lose money if the rare losses are large; a 30% win rate can print if winners dwarf losers.
✗ Judging a win rate from ten trades
✓Small samples are noise. A streak of wins or losses on ten trades says almost nothing about the true hit rate.
✗ Ignoring the payoff half of the equation
✓Win rate without average win vs average loss is like reporting half a score. Both numbers together produce expectancy.
When this tool fits — and when it does not
Use it when
- ✓After you have at least 30-50 closed trades, to get a stable estimate of your hit rate.
- ✓Combined with average win/loss to calculate expectancy per trade.
- ✓As a diagnostic — a falling win rate can reveal a changing market regime.
Skip it when
- ✗Reading too much into a win rate built from a handful of trades.
- ✗Optimizing a strategy purely for win rate while silently shrinking the average win.
- ✗Using it alone to decide whether a strategy is worth trading.
Practical tips that actually help
Track expectancy, not the percentage
Write down wins, losses, and their sizes. The per-trade expectancy is the habit to build; the win rate is just one input to it.
Expect your win rate to drift by regime
Trend strategies win less often in chop, and mean-reversion wins more. A changing hit rate is information about the market, not proof the strategy broke.
Separate sample noise from edge
Until you have enough trades, resist changing the rules after every bad week. Set a review threshold and only judge the win rate at that point.
Related & next steps
Frequently asked questions
Is a high win rate better?▾
Not by itself. A 30% win rate can be profitable with a 3:1 payoff, while a 70% win rate can lose money if losses are much larger than wins.
How many trades make a reliable win rate?▾
A small sample is noise. The win rate needs enough trades across different conditions to be meaningful.
What win rate should a beginner expect?▾
There is no universal target. New traders often chase a high hit rate because frequent wins feel good, but expectancy — win rate combined with payoff — matters far more than the percentage alone.
How is breakeven win rate related to risk-to-reward?▾
They are two sides of the same math. A 1:2 risk-to-reward trade breaks even at about a 33% win rate, a 1:3 trade at 25%. The higher your payoff, the lower the win rate you need to stay ahead.
Can my win rate improve over time?▾
It can, but the honest path is usually through process, not prediction — clearer entry rules, better filters for low-quality setups, and consistent position sizing tend to improve both the win rate and the payoff together.
Why do I feel worse when a high win rate loses money?▾
Because losses are rare but large, each one stings and it is easy to dismiss them as bad luck. Tracking expectancy forces you to see the average trade, not just the win count.
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Win rate is a descriptive statistic of past trades and does not predict future results.
Disclaimer: The tools and content on this site are provided for educational purposes only and do not constitute investment advice. Trading and investing involve a substantial risk of loss, and past performance does not guarantee future results.