I’m clearly winning more than I’m losing, but my account just won’t grow. Why? After enough trades, you’ll realize the problem isn’t your win rate—it’s your risk-to-reward ratio. Win rate is just how many times you’re “right,” but the risk-to-reward ratio determines how much you take away every time you’re right. If your risk-to-reward ratio is only 1:1, you need to win at least half your trades just to break even. If you improve your ratio to 2:1, you only need a 34% win rate to make money. And if you push it to 3:1, you can have a win rate as low as 25%, and your account will still grow. This is why many great traders have low win rates but are consistently profitable, while many retail traders have high win rates but their accounts keep shrinking. Because if your stop loss costs you 1R, but your take profit only gives you 0.5R, even if you win more often, this math structure will keep dragging your curve down. Trading isn’t about who wins more often—it’s about who, when they win, can let their profits cover all their mistakes. As long as the risk-to-reward ratio is in your favor, the market allows you to make mistakes. If the ratio is against you, the higher your win rate, the more dangerous it becomes. To put it simply: small wins, small losses, occasional big wins, and absolutely no big losses. *R stands for RISK and REWARD.