FSP Academy
Glossary

Expectancy

The average amount you can expect to win or lose per trade over many trades.

Expectancy = (win rate × average win) − (loss rate × average loss), usually stated in R or dollars per trade. A positive expectancy means the system makes money over a large sample even if individual trades lose. It's the single most important number for judging whether an edge is real.

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Expectancy, profit factor, R — measure what matters.

Put it into practice. Log a trade, see it in your stats.

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