Trade JournalR-Multiples
Trade Journal Questions for R-Multiples
R-multiples normalize every trade to risk units so P&L noise does not hide process quality. These questions help you log planned R at entry, actual R at exit, and the gap between them. VaultCharts journal fields support R tracking — use these prompts to interpret the numbers.
📈 Why Track R-Multiples in Your Trading Journal?
- ✓Compare trades across different account sizes and symbols
- ✓See if you cut winners or let losers exceed 1R
- ✓Calculate expectancy from average R, not dollar P&L
- ✓Grade execution separately from market outcome
- ✓Identify setups with positive R expectancy
1
Planned R
Define risk and reward before entry
1What is 1R in dollars for this trade?
2What is my planned R to first target?
3What is my planned R to final target?
4Is planned R at least 2:1 for this setup grade?
2
Actual R
Record what you actually captured
1What R did I exit at (win, loss, or scratch)?
2Did I hit stop, target, or manual exit?
3What was max favorable excursion (MFE) in R?
4What was max adverse excursion (MAE) in R?
3
R Gap Analysis
Understand planned vs actual divergence
1How many R did I leave on the table (MFE minus exit R)?
2Did I risk more than 1R due to stop adjustment?
3Was poor R a planning error or execution error?
4Would following the plan have changed the R outcome?
4
Portfolio R
Aggregate R over time
1What is my total R this week?
2What is my average R per trade this month?
3Which setup has the best average R?
4Am I positive expectancy on R over 20+ trades?
💡 Tips for Better R-Multiples Journaling
→Always define 1R before entry — never after the trade
→Track R separately for longs and shorts
→A -1R loss with perfect execution is a good trade
→Review MFE weekly to tune targets and trailing rules
→Use VaultCharts stats to filter by setup and average R
📋 Ready-to-Use R-Multiples Journal Template
## R-Multiple Journal **Date:** ___________ **Symbol:** ___________ **Setup:** ___________ | Metric | Value | |--------|-------| | 1R ($) | | | Planned R (target) | | | Actual R (exit) | | | MFE (R) | | | MAE (R) | | | R left on table | | ### Analysis - Exit reason: Stop / Target / Manual - Execution quality (1-5): ___ - Planning vs execution issue: ___________
Copy this template into your trading journal or note-taking app. Customize it to fit your trading style.
📓 Built-In Trade Journal in VaultCharts
VaultCharts includes a powerful trade journaling feature with customizable templates including r-multiples tracking. Attach notes directly to your charts and track your progress over time.
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