What Is an R-Multiple? A Plain-English Guide
Why professional and serious retail traders measure results in R instead of dollars or percentages, the formula, worked examples, and why win rate alone can be misleading.
Belfed Learn: plain-English guides to trading and market research.
Belfed Learn is where we explain the concepts behind our research, in the same plain, no-hype language we use in our reports. These guides are educational only — they are not investment advice, and nothing here is a recommendation to buy or sell any security or digital asset. If you want to see the research in action rather than just the theory, every idea we publish is logged on our public track record, wins and losses included.
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Risk & performance measurement
How to read a track record properly: R-multiples, win rate, expectancy, and position sizing.
1 guide publishedTrading strategy & timeframes
Swing, day, and position trading explained — how they differ and which risks come with each.
1 guide publishedVetting research & signal services
What to check before paying for anyone's trade ideas, including ours.
Coming soonPublished guides
What Is Swing Trading? Strategy, Timeframes, Risks and Examples
A neutral look at swing trading: how it differs from day trading and position trading, realistic risks and drawdowns, and what a swing setup actually looks like.
Want to see this applied, not just explained?
Every setup we publish follows the same risk-based framework covered in these guides — and every closed trade, win or loss, is on the public record.
See the public track record Start 14-day free access →Belfed Learn is educational and informational content only. Nothing on this page or linked from it is investment, financial, tax, or legal advice, and none of it is a recommendation to buy or sell any security or digital asset. Trading involves substantial risk of loss, including the possible loss of your entire investment. See our full Disclaimer.