I've been hearing a lot about crypto and I see the letter R used a lot. I'm not sure what it stands for or its significance in the world of cryptocurrency. Can someone explain what R means in this context?
6 answers
DigitalLegendGuard
Tue Dec 17 2024
The risk/reward (RR) ratio serves as a vital instrument for crypto traders.
Martina
Tue Dec 17 2024
It aids in making informed decisions regarding trade entries and exits.
Carolina
Tue Dec 17 2024
By gaining insight into the RR ratio, traders can avoid blind trading.
Margherita
Mon Dec 16 2024
This ratio helps in quantifying the potential losses and gains.
GangnamGlamour
Mon Dec 16 2024
Before initiating a trade, traders must evaluate the RR ratio.