Free trading calculator

Trading Expectancy Calculator

Estimate the average value of each trade using your win rate, average winner, and average loser.

Expectancy inputs

Enter your trading statistics

Enter average losses as a positive number. The calculator applies the loss as a negative component of expectancy.

Expected value per trade

$52.50

Positive expectancy

Loss rate
55%
Payoff ratio
1:2
Breakeven win rate
33.33%
Projected result over 100 trades
$5,250.00

How it works

Expectancy combines probability and payoff

A strategy can have a low win rate and still produce positive expectancy if average winners are large enough.

1. Enter win rate

Use the percentage of trades that closed profitably.

2. Enter average outcomes

Add the average dollar winner and the average dollar loser.

3. Review expected value

The calculator estimates the average amount gained or lost per trade.

Trading expectancy formula

Expectancy = (win rate × average win) − (loss rate × average loss)

The result estimates the average dollar value of one trade based on the historical inputs.

Example

  • 45% win rate
  • 55% loss rate
  • $300 average winner
  • $150 average loser
  • $52.50 expected value per trade
  • $5,250 projected result over 100 trades before costs

Why expectancy matters

Win rate alone does not show whether a strategy is strong. A high win rate can still lose money if average losses are much larger than average winners.

Expectancy combines how often you win with how much you gain or lose when each outcome occurs.

Important limitations

Historical expectancy can change as market conditions, execution, trade selection, and position sizing change.

The projected result does not include commissions, slippage, taxes, skipped trades, or future changes in performance. It is educational—not financial advice.

Measure your real performance

Track expectancy across your actual trade history.

TradeStaxx connects expectancy with setups, symbols, timing, accounts, and the decisions behind each trade.