Pyramid planner
Add to a winner without raising the risk.
Free risk tools
Scale-out planner
Take half off at the first target and move the stop to break-even, or let the whole trade run? Compare four ways to manage the same trade, first on a market with no edge, then on your own hit rates.
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Your trade
The four plans
An example with typical numbers. Change any box to use your own.
With no edge, no plan wins. In a market that is as likely to go either way, every plan has the same result before costs; the plans only trade a higher win rate for smaller wins. Type in your own hit rates from your journal to compare them on your trading.
| Plan | Wins | Average win | Per trade |
|---|---|---|---|
| All out at 1 R | 50% | +0.95 R | -0.05 R |
| All out at 2 R | 33% | +1.95 R | -0.05 R |
| 50% at 1 R, then break-even | 50% | +0.95 R | -0.05 R |
| 50% at 1 R, stop kept | 33% | +1.45 R | -0.05 R |
- Chances used
- Reaches 1 R before the stop: 50% (no edge). From there, reaches 2 R before coming back to the entry: 50% (no edge).
- What the win rate hides
- Moving the stop to break-even raises the share of trades that do not lose, and cuts the size of the wins. A higher win rate feels better; only the "per trade" column pays.
Costs of 5% of the risk come off every trade. A trade stopped at break-even is counted as neither a win nor a loss. After a stop moves to break-even, a spread or a gap can still turn it into a small loss.
Education only, not investment advice. The answer comes from the numbers you typed in, not from your account or the market. Simulated results are hypothetical and have limits: real trading has slippage, gaps, changing results and emotions. Trading leveraged products can lose money quickly, including all of it. Risk warning
Educational only, not financial advice; trading involves risk.
Why the win rate is the wrong scoreboard
Closing half at the first target and moving the stop to break-even feels safe: more trades end green, fewer end red. But each early exit also gives up the larger part of the trades that would have run. In a market with no edge the two effects cancel exactly; on real trading, only your own records can say which way it leans.
Count, over your last 50 or more trades, how many reached the first target before the stop, and how many of those went on to the second. Those two numbers decide the plan. Then check what costs take, find a risk per trade that survives your losing streaks, and write the plan you choose into your trading plan.
Next tools
Cost check
What spread, commission and swap take from each trade and a year.
Drawdown simulator
How deep a normal losing run goes at your size.
Pricing
Three ways in. Pick yours.
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Baroq never holds your money and never trades for you. Educational only, not financial advice; trading involves risk.