I'm trying to understand a trading term. Specifically, I want to know what 'RR' stands for in the context of trading. Can someone explain this acronym to me?
6 answers
Maria
Fri Nov 08 2024
It provides a method to evaluate the potential gains relative to the associated risks.
BlockchainBaroness
Fri Nov 08 2024
Specifically, the risk-reward ratio, also known as the R/R ratio, helps traders and investors make informed decisions.
Giulia
Fri Nov 08 2024
When determining the R/R ratio, traders typically use the monetary amount they could lose as the risk input.
Federico
Fri Nov 08 2024
The risk-reward ratio is a crucial concept in financial trading.
CryptoLegend
Fri Nov 08 2024
This represents the potential downside of a trade.