Hello peeps,
Quick question: What is risk Range and how do I calculate it?
Many thanks,
Me
Hello peeps,
Quick question: What is risk Range and how do I calculate it?
Many thanks,
Me
Iāve heard of ārisk rangeā in other fields (e.g. in statistics, and in medical research), but Iām not aware of ever having heard or seen this expression in a [I]trading[/I] context at all.
Google gave me no help, either, in this context.
So I suspect that youāre probably asking about something thatās well-known under another name/term/expression, but I canāt work out what it might be! Sorry ā¦
If you can give some more details of what youāre asking about, and perhaps an example, it may help people to reply.
The fact that even Google couldnāt clue me in on this, as youāre asking about it, suggests that itās not going to be easy otherwise! :8:
Maybe you meant risk-reward or risk-of-ruin ratio or price range?
My guess was ārisk-to-reward ratiosā, but I thought Iād better ask for clarification, before writing some long post about them, in case something else was intended ā¦
Sorry folksā¦ how to confuse everyone in 1 sentence.
It is a term I have heard a couple of times recently and something I have no clue about. BUTā¦ after doing a little digging it appears it is also known as āDaily Trading Rangeā. I still donāt have a clue what that means so any help whatsoever would be much appreciated.
What is risk Range
its range of risk
how do I calculate it?
by calculator
[QUOTE=Markaria400;799857]its range of risk
by calculator[/Q]
Well said, Captin Obvious :35:
Quick question:
quick answer
There are some sites like autochartist that allow you to see the average daily movement of various currency pairs. Then you can see how far on average this pair moves in a week/day/hour etc
Some people use ATR indicator (Average True Range) to see range distances.
Useful for putting in stops and setting profit targets.
If you want to be really creative you can use it as an entry strategy and put in an order when itās āsupposed to have reached the top/bottomā. Risky tho because picking tops and bottoms is dangeroooooooos.
i dont know, the way i look it its more like the range of risk taken per trade, lets say between 2-10% per trade but i might be wrongā¦