Advanced Reward:Risk Ratio And Trading Statistics Explained
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Comments
Hello Rolf, ive been wanting to join the trading room for a while now , but i dont know why it does not work. Could you help me out please , ive been watching and learning from your videos and website for a while now.
Hello, Rolf, nice presentation, as usual. Just a suggestion here.
I think near the winrate formula Winrate = (1/(1+RRR))*100 you could have added the simple formula to calculate the RRR = (100-Winrate)/Winrate.
The reason is simple: a lot of amateur traders like me are aware of their winrate but not necessarily about their actual risk-reward-ratio.
excellent statistics!
Good job man. At first I was confused, cuz I start with Risk first, then reward. Risk:Reward ratio. Keep the videos flowing my man