$BTC $ETH $XRP #RiskRewardRetio #RiskRewardRatio ๐Ÿ“ˆ What is the Risk/Reward Ratio?

๐Ÿงฎ How to Calculate the Risk/Reward Ratio

Risk/Reward Ratio = (Entry Price - Stop Loss) / (Take Profit - Entry Price)

Example:

Entry Price:

Stop Loss:

Take Profit:

Calculation:

Risk:

Reward:

RRR:

โœ… What is an Ideal Risk/Reward Ratio?

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๐Ÿง  Applying Risk/Reward Ratio on Binance

Set Entry, Stop Loss, and Take Profit Levels:

Calculate the RRR:

Execute the Trade:

๐Ÿ“Œ Note for Binance Trading

If you need further assistance or examples, feel free to ask!