Risk Reward Ratio Tracker for Traders
Track and analyze your actual risk-reward ratios across trades. Are you achieving the R:R you planned?
Planned risk-reward and actual risk-reward are usually different. You plan for 2:1, but you cut the winner early at 1.2:1 or let the loser run to 1.5:1. Tracking the GAP between planned and actual R:R reveals your execution discipline.
How to calculate actual R:R: Risk = Entry Price - Stop Loss Price (× multiplier × contracts). Reward = Exit Price - Entry Price (× multiplier × contracts). R:R = Reward / Risk. Track this for every trade and calculate your average planned R:R vs average actual R:R.
If your planned R:R is consistently 2:1 but your actual averages 1.2:1, you're leaving money on the table by exiting too early. The data tells you exactly how much: if you'd held to your original target on winning trades, your annual P&L would be X% higher.
What TradeRipper Gives You
- Auto-capture for Tradovate on TradingView
- CSV import for any broker
- Real-time psychology tagging
- 14+ analytics charts
- Trade review workflow
Ready to start journaling?
7-day free trial. No credit card required. Full access to everything.
Start Free Trial$14.99/mo or $119.99/yr after trial. Cancel anytime.
Frequently Asked Questions
How does a trading journal help?
A journal reveals patterns in your trading that are invisible without data: which setups work, how emotions affect your P&L, and whether your discipline is improving over time.
Is there a free trial?
TradeRipper offers 7 days of full access, no credit card required. But you can also start with a free spreadsheet — the tool matters less than the habit.