Profit-loss ratio, the ratio of profit and loss, is the question of whether a transaction is worth doing.

If you plan to open long at 6000, stop loss at 5900, and lose 100u, then your expected profit must be at least 200u, that is, your expectation must rise to 6200, then this transaction is worth doing.

We must make big money and lose small money, so that in the end you will make money overall. In actual transactions, the profit-loss ratio must reach 3:1 to be a transaction worth doing. Anything lower than 3:1 will not be done. Except for some geniuses, it is difficult for us to make profits based on probability. We can only rely on a large profit-loss ratio.

The ideas of probability and profit-loss ratio are not only used in trading, but also in all aspects of life. Just like when you flirt with a girl, if you say three sentences and the other party only replies to you once, it means that they are not interested in you. If you persist stupidly, you will only be used as a backup.

From the perspective of profit-loss ratio, drug trafficking is not a good business. It is very difficult to get a small amount of drugs and you will be sentenced to death. You don't make much money but you still lose your life. Illegal fund-raising is good, but cheating hundreds of millions or billions will only lead to a few years in prison. #MastertonyQuotations#BTC #内容挖矿