Hello All, I'm having some difficulty wrapping my head around this and would appreciate some feedback. To be clear I know how to calculate R:R, just not how to best track it as it applies to my trading. Should I be calculating my risk every time at the price at which I place my stops. i.e. total risk. Or is my risk on the trade the max drawdown? Or the price I exit at if it's a loss? Perhaps an example would help. Today I had 4 trades each with 2 contracts (eight total). I had one winner and 3 scratch trades. On two trades I had an initial stop of 10 ticks. On the other two I had an initial stop of 15. A total potential risk of 50 ticks. I'm usually shooting for 2:1, but if things are breaking down and I don't like what I'm seeing. I will often mitigate my risk by exiting one contract close to 10-15 ticks and letting the second contract prove me right or wrong on a risk free trade. So today, my 3 scratches were, $0, -$50, and $40. My winner was $387.50 or 31 ticks. Thus, giving me a R:R ratio of 1.55 with the winner since my stop was 10 ticks. But what about the other trades? Should I look at this as I made 35 ticks today and lost 4? Or should I look at this as I made 35 ticks today and risked 50? I'm leaning towards the first one since It's not as if I factor unrealized gains as maximum potential rewards, so therefore perhaps I shouldn't worry about maximum potential risk unless it's being hit. I'd love to hear what others do. Thanks for taking the time to read and reply. I appreciate it.