I'm interested in investing and I came across the term 'RR'. I'm not sure what it stands for or how it's relevant to investing. Can someone explain what RR means in the context of investing?
7 answers
Raffaele
Sat Nov 09 2024
The risk/reward ratio serves as an indicator of profitability in relation to the risk taken in a trade.
CryptoTitan
Fri Nov 08 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its users.
JejuSunshineSoulMate
Fri Nov 08 2024
This ratio allows traders to understand how much they can potentially earn for each dollar they put at risk.
EmilyJohnson
Fri Nov 08 2024
By calculating this ratio, traders gain insight into the potential risks and rewards associated with each trade.
HanRiverVisionaryWaveWatcher
Fri Nov 08 2024
Among these services are spot trading, futures trading, and a wallet for storing cryptocurrencies.