Mastering the math behind trading is key to building a profitable system with an edge. Here you’ll find the essential formulas every trader should know curtesy of Edgewonk.

By understanding the numbers that drive performance, traders can shift focus to what really matters: risk per trade, win rate, losing streaks, drawdowns, expectancy, and growth.

The good news is, the math isn’t complicated. It comes down to a handful of core principles that can fit on a single cheat sheet.