Win rate is the share of positions that closed green. Sixty-two winners out of a hundred positions is a 62 percent win rate. It is the most intuitive metric on a strategy page, and the easiest one to read wrong.
A high win rate does not mean a profitable strategy. A strategy that wins 70 percent of the time but lets losers run three times bigger than winners loses money. A strategy that wins 30 percent of the time but lets winners run five times bigger than losers makes money. The number on its own is not the answer.
What win rate actually tells you is how often you will be right, which translates into how the equityEquityThe live value of your broker account, including the floating profit or loss of open positions.Click the word to learn more curve feels day to day. High win rate means many small wins, more frequent reinforcement, fewer losing streaks. Low win rate means longer cold streaks broken by occasional larger wins. Same end state, different lived experience.
This is why Javlot never displays win rate alone. It sits next to risk-reward, profit factorProfit FactorGross winning amount divided by gross losing amount over a period. Above 1 means net positive.Click the word to learn more, and the equity curve. Read the four together and the strategy starts making sense. Read win rate by itself and you will end up either too optimistic or too dismissive about the wrong strategy.