What is the risk per day in trading?

Could you please explain in detail what the risk per day might be in trading, especially in the context of cryptocurrency and finance? I'm curious to understand how this risk fluctuates based on market conditions and individual trading strategies. Is there a way to calculate or estimate this risk accurately? Also, are there any specific factors or indicators that traders commonly consider when assessing their daily risk exposure? Thank you for clarifying this important aspect of trading.