Average Win / Average Loss
The mean profit on winning trades and mean loss on losing trades.
Formula
Avg Win = Total Profits / # Winners; Avg Loss = Total Losses / # Losers
More Details
What is Average Win/Loss?
Average Win is the mean profit on winning trades. Average Loss is the mean loss on losing trades. Together with win rate, they determine profitability.
Why This Matters
Two traders with identical win rates can have opposite results:
| Metric | Trader A | Trader B |
|---|---|---|
| Win Rate | 50% | 50% |
| Avg Win | $100 | $300 |
| Avg Loss | $200 | $100 |
| Result | Losing | Winning |
The Ratio (Reward-to-Risk)
W/L Ratio = Avg Win / Avg Loss
| Ratio | Meaning |
|---|---|
| < 1.0 | Losses bigger than wins |
| 1.0 | Equal sized wins/losses |
| > 1.0 | Wins bigger than losses |
| 2.0+ | Strong edge |
Problems with Simple Averages
- Outliers skew data: One huge win inflates average
- No context: Scalp vs swing averages aren't comparable
- Position size ignored: Dollar amounts vary with sizing
TradesViz Analysis
- Median win/loss (outlier resistant)
- Distribution charts
- Per-setup averages
- Trimmed means (excluding outliers)
- Time-based breakdown
Where to find it in TradesViz
Summary > Overall Statistics displays Avg Win and Avg Loss. Performance Metrics & Ratios > Returns Distribution shows the full distribution of wins and losses. Use Pivot Grid to calculate per-setup, per-symbol, or per-tag averages with median and trimmed mean options.
Example
500 total profits from 5 winners equals 100 avg win. 300 losses from 3 losers equals 100 avg loss.