Guide
R multiple tracking makes trade performance easier to compare.
R multiple measures a trade result relative to the amount risked. A +2R trade made twice the risk; a -1R trade lost the planned risk.
Why R multiple is useful
- It compares trades across different account sizes.
- It separates execution quality from raw currency amount.
- It makes setup review and expectancy easier to understand.
What to track with R
Track setup, direction, risk percent, stop size, target, final result, and whether the trade followed your plan.
How Elite Journaling helps
Elite Journaling tracks R multiple, win rate, average reward-to-risk, streaks, drawdown, and setup performance inside the dashboard.
Simple R multiple examples
If you risk 1% and lose the full planned risk, the trade is -1R. If you risk 1% and make twice that risk, the trade is +2R. If you move to breakeven and close near the entry, the trade may be 0R. This makes the result easier to compare even when account sizes or currency amounts are different.
Better than raw money
A 500 ETB win and a 5,000 ETB win mean different things depending on risk. R multiple normalizes the result.
Useful for prop firms
Prop-firm traders can review whether risk behavior is controlled before drawdown becomes a larger problem.
Useful for backtesting
Backtesting with R multiple helps compare strategies before real money is involved.
FAQ
What does +2R mean?
It means the trade made two times the amount risked.
What does -1R mean?
It means the trade lost the planned risk.
Why not only track profit?
Profit alone does not show whether the risk was controlled or the process was repeatable.
Does Elite Journaling calculate stats?
Yes. The dashboard uses recorded trade data to summarize performance and review patterns.