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Day Trading: An Honest Definition and Survival Guide
TradeOlogy Academy
Calculator · Risk & Psychology

R-Multiple Calculator

Enter your entry, stop, and exit. Returns the trade's R-multiple, dollar P&L, and percent return. R is the universal language of trade journaling - a +2R win is a +2R win whether you traded 100 shares of a $50 stock or one E-mini contract. Track the average R across hundreds of trades to know if your edge is real.

Read the lesson: Expectancy and the R-Multiple System
Expectancy

R-Multiple Calculator

Convert any trade into R units - one number that lets you compare a $50 stock trade to a $5,000 NQ scalp on equal footing.

Inputs
Result
R-multiple
+3.00R
3.00× the original risk captured as profit
Dollar P&L
$750.00
% return on entry
+12.00%
Useful as a sanity check; R is the more meaningful number for journaling.
A consistent +0.30R average across 100 trades pays $7,500.00 on this trade's 1R. Track the average over time, not the individual swing.

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