Can this result be used as a trading recommendation?

No. Results are simplified educational illustrations, not recommendations or a complete analysis.

Performance · Advanced

Trade Expectancy Calculator

Q: Does this calculator use live market data?

No. Every value comes from the assumptions entered by the user.

See how win rate, average win and average loss combine across a sample of similar trades.

05 · SYSTEM QUALITY

Trade Expectancy

How to use it: Enter how often you win, your average win, your average loss and the number of trades you want to examine. It estimates whether those results make or lose money over many similar trades. Example: Winning 45% at $300 and losing 55% at $150 averages about $52.50 per trade, or $1,050 over 20 trades.

Win rate (%)Average winning tradeAverage losing tradeNumber of trades

Expectancy per trade$52.50

Expected result over sample$1,050.00

Break-even win rate33.33%

What this result meansExpectancy summarizes the average implied by the win rate and payoff assumptions over many similar trades. A small sample can differ sharply.

How to use this calculator

See how win rate, average win and average loss combine across a sample of similar trades. Change one assumption at a time, compare the result and consider what the formula leaves out.

Formula and assumptions

Expectancy = (win rate × average win) − (loss rate × average loss). Results are simplified illustrations and may exclude taxes, changing rates, liquidity, spreads, market impact, assignment, broker rules or other real-world factors.

Common questions

Does this calculator use live market data?

No. Every value comes from the assumptions you enter. A ticker symbol, when shown, is only a label.

Can I make a trade based on this result?

The result is an educational illustration, not a recommendation or a complete analysis. Verify current facts, account rules, costs and risks independently.

Why might the actual result be different?

Real outcomes can be affected by execution price, spread, slippage, fees, taxes, liquidity, volatility, financing costs, corporate actions and changing market conditions.

Educational illustration only. This calculator does not use live market data and does not provide investment, trading, tax or legal advice. Verify formulas, rules, fees and product details with current primary sources and regulated providers before acting.

Lesson: Inflation Explained Definition: Inflation Calculator: Inflation-Adjusted Return Calculator

Trade Expectancy Calculator

Trade Expectancy

How to use this calculator

Formula and assumptions

Build context around the result.