Gold Risk-Reward Calculator
Check whether a gold trade is worth taking before you place it. Enter your entry, stop loss and take profit, and see the risk-to-reward ratio, the dollars at stake on each side, and the win rate the setup needs just to break even.
Risk-Reward Calculator
Plan your trade with entry, stop loss, and take profit levels.
How to use it
- Choose long or short.
- Enter the entry, stop loss and take profit prices.
- Enter your lot size to see the risk and reward in dollars.
- Compare the break-even win rate with how often setups like this actually work for you.
The formula
R:R = |target − entry| ÷ |entry − stop|
Dollars = price distance × 100 × lots
Break-even win rate = 1 ÷ (1 + R:R)
Worked example
Long at 4,150.00, stop at 4,135.00, target at 4,180.00: risk is $15 and reward is $30, so R:R is 1:2.
At 1 lot that is $1,500 at risk for a $3,000 target.
Break-even win rate is 1 ÷ (1 + 2) = 33.3%. Winning more than one trade in three is profitable before costs.
Good to know
- A high ratio is not automatically better. A distant target is hit less often, so the real test is the ratio together with your win rate.
- Costs move the break-even point up. Add the spread to the risk side for a more honest number.
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For education only, not financial advice. Results assume a 100 oz standard lot and exclude spread, commission and swap. Check your broker’s contract specification before trading.