RR - Risk to reward ratio
Suppose it you have 1000$
On 3/1 RR
You decide to Risk 100$ out of your 1000$
If TP hits you will gain 300$
If SL hits you will lose 100$
Hope so its clear now !
Suppose it you have 1000$
On 3/1 RR
You decide to Risk 100$ out of your 1000$
If TP hits you will gain 300$
If SL hits you will lose 100$
Hope so its clear now !