Calculators to check your edge, size positions correctly, and understand your performance metrics. All free — no account required.
Enter your gross profit and gross loss to calculate your profit factor instantly — and find out if your edge is mathematically sound.
Calculate the exact position size for any trade based on your account size, risk percentage, entry price, and stop loss.
Enter your trade results as R-multiples and instantly calculate win rate, expectancy, profit factor, and view your equity curve.
Calculate your risk-reward ratio instantly. Enter entry, stop loss, and target to see if a trade meets your minimum R threshold.
Calculate maximum drawdown from your equity curve and understand the recovery needed to get back to new highs.
Calculate your trading win rate and find out the minimum win rate needed to be profitable at your risk-reward ratio.
Find your optimal position size using the Kelly Criterion formula based on your win rate and risk-reward ratio.
Calculate the pip value for any forex currency pair based on your position size and account currency.
Calculate your R-multiple for any trade and understand your expectancy across a series of trades.
Project account growth over time based on average monthly return, compounding frequency, and starting balance.
All these metrics calculated automatically from your real trade history.
A guide to the key metrics that separate profitable traders.
All core journaling features free forever. Upgrade for AI and analytics.