Risk Reporting

Users of the Gold subscription plan have the ability to switch the reporting type to R, on all of the available reports.

R

In Tradervue, R is defined as the amount of initial risk you put on in a trade. If you enter a trade with 200 shares, and your stop is $0.10 away from your entry, then your R is $20. You should enter this total risk value ($20) for the individual trade, by clicking "Edit" next to "Initial Risk" when viewing a trade.

If you normally use the same total risk for every trade, you can set your default risk by going to Settings, click the "Trade Settings" tab, and fill in your default per-trade risk value. This value will be used for all trades imported after that point.

Return calculations

On a trade, you may see a "Gross Return" value of, say, 2.5R. This means your P&L for the trade was 2.5 times your initial risk. So continuing the example from above, if you have 200 shares with a $0.10 stop (so R is $20), and you sell the position up $0.35 from your initial entry, your return would be 3.5R.

Using these return calculations based on R is a good way to normalize your analysis between trades, where you might be using different position sizes or initial risk.

Risk Reporting

In the Reports View, if you select "R" instead of "$" for the report type, all of your performance metrics will be reporting in R instead of in absolute dollar terms.

It is important to note that if you are using different risk values for different trades, running the reports in R mode completely normalizes out the differences. So for example, suppose you had two trades:

  • SPY: initial risk $20, gross P&L $40. Gross return = 2R.
  • AAPL: initial risk $200, gross P&L $300. Gross return = 1.5R.

In $ mode, the total P&L for these two trades would be $340, and the average per-trade P&L would be $170.

In R mode, the total for the two trades would be 3.5R, and the per-trade average would be 1.75R.

Important! When running reports in R mode, only trades that have an initial risk set will be included in the report data.

Read more about the risk features and reports on the Tradervue blog.

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