7 min read
R-multiple thinking without the jargon trap
Frame wins and losses in units of initial risk so expectancy stays honest when size changes.
By TradaxLab
Risk is the unit
If you risk $100 to the stop, a +$200 winner is +2R regardless of how many coins you bought. That keeps stats comparable when account size changes.
TradaxLab journal fields and desk tools are built around risk-defined size so R stays meaningful.
Where people cheat
Moving the stop after entry rewrites R mid-trade. Log the planned risk and the realized outcome separately if you want honest expectancy.
Journal fields for clean R tracking
Record planned stop and planned size at entry.
Record realized exit and realized PnL at close.
Store both planned R and realized R so you can detect execution drift.