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Home/Glossary/R-multiple

Risk management · Pro

R-multiple

By Omer Rapaport · Content updated 11 September 2026

What does R-multiple mean?

An R-multiple expresses a trade result relative to its original risk amount, called one R. It helps compare trades with different position sizes.

Example

If initial risk is $120, a $240 net gain is +2R and a $60 loss is −0.5R.

Illustrative example; not a provider’s quoted offer.

Why it matters for prop traders

Keep the original risk reference consistent; moving a stop later should not rewrite the initial measurement.

Sources and further reading

The following primary sources support the terminology. Provider rules describe their own products and may change.

  • FTMO - Trading probabilities and expectancy

Related terms

  • Reward-to-risk ratio
  • Hedging
  • Position sizing
← All 181 terms

Frequently asked questions

Should moving my stop change the original R measurement?

Keep the original risk reference consistent; moving a stop later should not rewrite the initial measurement.

Sources: FTMO - Trading probabilities and expectancy

What is a practical example of R-multiple?

Illustrative example: If initial risk is $120, a $240 net gain is +2R and a $60 loss is −0.5R.

Sources: FTMO - Trading probabilities and expectancy

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