#RiskRewardRatio #Risk-Reward Ratio = Potential Loss / Potential Gain
Or more commonly phrased as: Risk-Reward Ratio = (Entry Price - Stop Loss) / (Take Profit - Entry Price)
Example:
Entry Price: $100
Stop Loss: $95 (risking $5)
Take Profit: $115 (aiming to gain $15)
RRR = 5 / 15 = 1:3
This means for every $1 risked, you expect to make $3.