The Traderszone Network

Published in TZ Latest News 17 February, 2017 by The TZ Newswire Staff

Need help with Reward Risk Ratio (RRR)

Hi everyone

I need help with the above topic. I’m trading forex and my setups always have 2 target profits. So, when price gets to my TP1 I’ll close half of my position and the rest of it when price gets to my TP2. Now, my understanding is when people ask me what my trading system RRR is then my answer would be 1.5: 1. (When price gets to my TP1 the reward is 0.5 then another 1 when it gets to my TP2). Is this correct?
The reason why I ask this question is because I bought a trading journal…

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