If you have seen reward to risk used and nodded along, here it is properly.
Reward to risk is what you stand to make against what you put at risk.
Measure from the entry to the target and from the entry to the stop, then divide. At two to one you can be right less than half the time and still finish ahead over a long enough run.
Decide the ratio before you enter. Working it out afterwards is how a bad trade gets justified.
Right now: BTC at 79,926 (+0.23%), 46 of 60 liquid pairs green, RAY leading at +40.0%.
#Write2Earn #TradingBasics #CryptoEducation #TradingStrategy
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Reward to risk is what you stand to make against what you put at risk.
Measure from the entry to the target and from the entry to the stop, then divide. At two to one you can be right less than half the time and still finish ahead over a long enough run.
Decide the ratio before you enter. Working it out afterwards is how a bad trade gets justified.
Right now: BTC at 79,926 (+0.23%), 46 of 60 liquid pairs green, RAY leading at +40.0%.
#Write2Earn #TradingBasics #CryptoEducation #TradingStrategy
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
