Win Rate
Win rate is the percentage of trades that closed as winners: the number of profitable trades divided by the total number of trades, expressed as a percentage. A 60% win rate means 6 out of every 10 trades, on average, closed with a profit.
Win rate says nothing about how large the wins or losses were — it's purely a frequency count. A trade that wins one tick and a trade that wins fifty ticks count identically toward the win rate.
Why it matters
Win rate is the most commonly cited trading statistic and also the most commonly misread one, because a high win rate can hide a losing strategy and a low win rate can hide a profitable one. A strategy that wins 80% of the time but loses far more on the 20% of trades that go wrong can still lose money overall; a strategy that wins only 35% of the time but lets winners run well past losers can be solidly profitable.
The honest read on win rate is that it's only useful alongside average win size and average loss size — on its own it answers 'how often,' not 'was it worth it.' It's also sample-size sensitive: a win rate from 15 trades can look dramatically different from the same strategy's win rate over 300 trades.
In MimikTrader
Win rate is one of the KPIs on the Pro plan analytics dashboard, computed from a connected account's actual broker fills.
Example
Example: a strategy closes 7 winning trades and 13 losing trades out of 20 total. Win rate = 7 ÷ 20 = 35%. Read alone, that looks weak — but if the 7 winners averaged $400 and the 13 losers averaged $100, the strategy is still comfortably profitable, which is why win rate needs expectancy or profit factor alongside it, not instead of it.
Related terms