Risk Reward Ratio: What Is It And How To Use It - The Basics

► Get your free Edgewonk trial now: http://www.edgewonk.com/free-trial/ » This video explains to you what a risk reward ratio is, how to interpret it and how to use it in combination with your winrate to make better trading decisions. » FIND US http://www.edgewonk.com http://www.facebook.com/edgewonk http://www.twitter.com/edgewonk http://www.instagram.com/edgewonk » OUR PLAYLISTS Free High Quality Trading Education: https://www.youtube.com/playlist?list=PLMRKLuYXATxaumJtgxzH08IsPCfHND7cC First Steps With Your Edgewonk Journal: https://www.youtube.com/playlist?list=PLMRKLuYXATxYfftd380ztOHkAcqUjkdC9 Advanced Edgewonk Journal Concepts: https://www.youtube.com/playlist?list=PLMRKLuYXATxZ4jGeZEQofWm6amXL-JXjt

Comments

1. Hello Rolf, might you kindly let me know which metatrader indicator are you using in this video at 2:45, and if it's included with the Edgewonk journal? Thanks a lot, Mat
2. I think you should update the info in this video. You claim a RRR of 2:1 can be profitable at 33%. This is incorrect.
   
   If I risk $50 on 3 trades and win 1. I lose $100 plus commissions of say $10 so I'm down $110 I win $100 less commissions of $5 for a win of $95. $95-$110= -$15 so you are down $15 not including your other costs. I'm a prospective customer and expected better math from you guys.