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R-Multiple
Profit or loss measured in units of your initial risk — the honest way to score trades.
What it is
R is your risk per trade: the distance from entry to stop, in dollars. A trade that makes twice what it risked is +2R; a full stop-out is −1R. Measuring in R normalizes every trade regardless of size, instrument, or account.
Why it matters
A 40% win rate is profitable at 2R average wins and ruinous at 0.5R. Thinking in R exposes whether your system's math actually works — points and dollars hide it.
NQ example REAL SCENARIO
Entry 15,250, stop 15,215 (35 points = 1R). Exit at 15,320 is +70 points = +2R. Ten such trades at a 40% win rate net +2R overall even with six losers.