Means what you lose if stop-loss hit. and what you will earn in the form of reward if the target hit. A good trader and the mentor is the one who have better risk reward ratio for your trades. Like A good risk reward ratio should be 1:1 or 1:2. This means you took a trade at 20$ TARGET should be at 22$-24$ and Stoploss should be 18$. So if the stoploss hit you will lose 2$ Only and if the target hit you'll get 2 or may be 4$ if the Target is 24$. I saw most of so called traders and signals expert claimed that they are 98% accurate. let me tell you how they are accurate. their risk ratio reward is 10:1 Like if the SL HIT you will lose 10$ But if the Target hit you will get 1$. they have high accuracy because targets are small easy to achieve as compared to sl that are far away. but if only 1 trade hit Stop-loss. You'll even lose your half of portfolio. i can also do the same and earn more money by claiming to be best analyst. But i am not a scammer and i don't even wanna be a scammer. i am a legit trader.1st look at my risk ratio reward of every trade than take trade You will see the difference between me and so called experts. Never pay to those traders whose 1 Sl cause Your portfolio empty. Thats simple. At least think once.
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After several attempts, the price of $UMA USDT finally failed to break the resistance level of $3.800-$3.900 , and the bearish scenario continued.
The support level of $3.100-$3.200 - has been broken, and the price has formed a relatively downward channel in the short term. Now, the price is at the bottom of the channel. If the price decline continues and the current level is breached, the price will drop to $2.500.