I'm trying to understand the meaning of 'RR' in the context of trading. I've encountered this term several times but I'm not sure what it represents or stands for in trading.
5 answers
KatanaGlory
Sun Nov 10 2024
Risk management is crucial in trading, and understanding the RR ratio helps traders make informed decisions.
DreamlitGlory
Sun Nov 10 2024
The acronym RR is widely used to represent the concept of "Risk vs Reward".
Stefano
Sun Nov 10 2024
In the realm of trading, this term is essential for assessing potential gains and losses.
Dario
Sun Nov 10 2024
When a trader mentions a trade making 3R, they are indicating that the trade has generated profits equivalent to three times their initial risk assessment.
Ilaria
Sat Nov 09 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to traders looking to maximize their RR.