BSL 2.38% $20.62 bluescope steel limited

bsl chart by robbbbbbb (bhp & asx gen poster) , page-6

  1. 643 Posts.

    Hi hsvls1255 & Co,

    For what its worth, RRR stands for Risk Reward Ratio.

    Withs Robbbbbbb's figures the ratio is calculated as the Reward (the profit) divided by the Risk (what youre willing to lose). The numbers are $1.17 / $0.18 which makes a ratio of 6.5 times.

    Hope that helps,

    talktome

    PS. Robbbbbbb or anyone, what does P2 mean in Robbbbbbb's post?
 
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