Trading journal: private, in R multiples
Log entries, stops and exits and see your realised win rate, average R, profit factor and drawdown. Everything stays in this browser.
Why journal in R
Recording each trade as a multiple of the amount you risked (R) makes trades of different sizes comparable. A +2R win is twice what you risked, whatever the share price or the account size. Over a few dozen trades, your average R and win rate tell you whether your rule has an edge, and the cumulative R curve shows how bumpy the ride has been.
How to use it
- Press + Add trade, or save a plan from the Trade Planner.
- Fill in the entry and stop when you open the trade, and the exit when you close it. The result in R is calculated for you.
- Use tags such as “breakout”, “news” or “early entry”. The By tag line shows the average R of each tag, which is often the most useful number in the journal.
The statistics
- Win rate: share of closed trades with a positive R.
- Average R: total R divided by the number of closed trades; this is your realised expectancy.
- Profit factor: winning R divided by losing R.
- Max drawdown: the largest fall in cumulative R from a previous high.
Small samples mislead. Twenty trades can show a 60% win rate by luck alone. Compare your numbers with the Risk Lab to see what range of results the same edge could produce.
Example
Four closed trades: +2R, −1R, −1R and +3R. Win rate 50%, total +3R, average +0.75R, profit factor 5 ÷ 2 = 2.5, and a maximum drawdown of 2R after the two losses.
Frequently asked questions
Where is my journal stored?
In your browser’s local storage on this device only. TradeProfy has no copy. Export to CSV regularly if you want a backup or want to move to another device.
How is the result in R calculated?
For a long trade, R = (exit − entry) ÷ (entry − stop). For a short trade, R = (entry − exit) ÷ (stop − entry). A trade stopped out exactly at the stop is −1R; costs are not included unless you adjust the exit price for them.
What is profit factor?
The sum of winning R divided by the sum of losing R. Above 1 means the winners outweighed the losers over the trades you logged.
Can I import from my broker?
You can import any CSV with columns named date, symbol, side, entry, stop, exit, tag and note. Extra columns are ignored.
Is the CSV export safe to open in a spreadsheet?
Yes. Cells that start with =, +, − or @ are prefixed with an apostrophe so a spreadsheet does not treat them as formulas.
Written and maintained by Mantu Kumar
Mantu builds the TradeProfy calculators and checks every formula with worked examples. Each page lists its data sources and assumptions. TradeProfy explains costs and maths but never tells you what to buy or sell.