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Free Risk-Reward Ratio Calculator

Calculate the risk-reward ratio of a trade from its entry, stop-loss, and target prices.

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Key Features

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Risk-reward ratio answers a simple but crucial question before entering any trade: how much am I risking compared to how much I stand to gain? A favorable ratio means a trading strategy can still be profitable even with a lower win rate.

This calculator finds the risk-reward ratio of a planned trade from its entry, stop-loss, and target prices, with a full step-by-step solution.

How it works

Enter your planned entry price, stop-loss price, and target (take-profit) price. The calculator finds the risk (distance from entry to stop-loss) and the reward (distance from entry to target), then expresses their ratio.

  1. Enter entry price.
  2. Enter stop-loss price.
  3. Enter target price.
  4. Click Calculate to see your results.

Examples

A 1:3 risk-reward trade

With an entry of $50, a stop-loss at $48, and a target of $56, the risk is $2, the reward is $6, giving a risk-reward ratio of 1:3 — a favorable setup risking $1 to potentially make $3.

Who should use it

  • Evaluating whether a planned trade's potential reward justifies its risk before entering.
  • Comparing risk-reward ratios across multiple potential trade setups.

Industry applications

  • Trading and risk management
  • Financial market education

Advantages

  • Simple, clear ratio calculation from three price points.
  • Includes a complete, formula-based step-by-step solution.

Limitations

  • Doesn't factor in win rate — a good ratio alone doesn't guarantee a profitable strategy.

Common mistakes to avoid

  • Focusing only on the risk-reward ratio while ignoring the strategy's actual historical win rate.
  • Moving the stop-loss or target after entering a trade, which changes the ratio from what was originally planned.

Best practices

  • Decide on your entry, stop-loss, and target prices before entering a trade, and check the resulting risk-reward ratio meets your minimum threshold beforehand.

Tips

  • A strategy with a 1:2 risk-reward ratio can be profitable even with a win rate as low as roughly 34%, since the wins are twice the size of the losses — pair this calculator with your own tracked win rate to judge real profitability.

Frequently asked questions

Yes, with no signup and no limit on how many calculations you run.
Many trading approaches favor a ratio of at least 1:2 or 1:3 (risking $1 to potentially make $2-3), since this allows a profitable strategy even with a win rate below 50%.
No — the ratio alone doesn't determine profitability; it must be combined with a reasonable win rate. A great ratio with a very low win rate can still lose money overall.
They work together — the Position Size Calculator determines how many shares to buy for a given risk amount, while this calculator evaluates whether the potential reward justifies that risk in the first place.

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