The Key to Success in the Trading World!
If you're trading without considering the risk-to-reward ratio, you're walking through a minefield with your eyes closed!
Risk/Reward Ratio simply helps you determine:
How much could you lose? And how much could you gain?
So if you're risking 1007461465528 to make 30$, then the ratio is 1:3 — this is where smart decisions begin!
Conscious trading starts with risk management, not greed.
Avoid "all or nothing" trades, and start building a strategy based on a balanced risk/reward ratio.
The secret is not in the number of winning trades, but in the quality of each trade!
#Trade_Smart