Think in R, not dollars
Lesson 7 of 14 in The Journal. Operator grade, 120 XP. Free to read, mission runs live in the terminal.
» R = your risk on the trade. If you risked $100 and made $200, that's +2R.
» Thinking in R makes every trade comparable, no matter the size.
» Good traders chase R, not dollar amounts. The dollars follow.
» Log a trade in R-multiples and feel how it reframes the win.
Watching a concept is not the same as running it, so every Academy lesson ships with a live mission inside the Tapeboard terminal. This one runs on the trade log in the trade journal (/journal/log). Reading is free; running missions takes a free account.
What is "Think in R, not dollars" about?
"Think in R, not dollars" is lesson 7 of 14 in the The Journal module of Tapeboard Academy's Operator grade. R = your risk on the trade. If you risked $100 and made $200, that's +2R.
How do I practice this lesson?
Every Academy lesson pairs with a hands-on mission inside the Tapeboard terminal. This one runs on the trade log in the trade journal. The lesson text is free to read on this page; running missions requires a free Tapeboard account.
Do I need a paid plan to read Academy lessons?
No. Every Academy lesson page is public and free to read. Running the live missions inside the terminal requires a free Tapeboard account, and some advanced mission panels sit on paid plans.
Learn by doing, inside the terminal.
Free to start, no card, cancel anytime.
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