Risk Measuring

Risk is involve in all business. Because profi and loss both are the major part of your business even they are essential of the business. My understanding is that risk is a quantifiable thing, which allows traders to compare relative risks of certain Forex transactions.
We can also do it through some mathematic formulas which is more beneficial for us.which are either integrated in trading platforms, or independent programs which can perform risk measurement without requiring active computations from the trader? So always take work by your hands which show you that now where are your account goes. In loss or profit. If loss so how much?
and in case of profit so how much you are getting?