Stop-loss, take-profit and reward : risk
Where to put stops and targets, and why a 40% win rate can still be profitable.
Every trade needs three numbers before you enter: entry, stop-loss and target. On Greenback Terminal, if you publish an idea with these three levels, it is tracked automatically and counts toward your public win rate.
Where to place the stop
Put your stop where your idea is proven wrong, not at a random distance. For a long at support, that is just below the support zone or the last swing low. Add a small buffer for spread and wicks. If that stop is too far for your risk budget, take a smaller position or skip the trade; never move the stop closer just to make the numbers work.
Where to place the target
Aim for the next obvious obstacle: the next resistance (for a long) or support (for a short), a previous swing, or a round number. Targets beyond major levels rarely get hit.
Reward : risk (R)
If you risk $50 to make $100, the trade is 2R. Win rate and R work together:
- At 1R, you need to win more than 50% of trades to make money.
- At 2R, you break even at about 34%.
- At 3R, you break even at 25%.
Look for setups of at least 1.5–2R. The leaderboard shows each trader's total R, which is a fairer score than win rate alone.
Educational content only, not financial advice. Trading involves risk of loss.