The Key to Success in the Trading World!
If you are trading without accounting for the risk-to-reward ratio, you are walking in 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 are risking 1,030,034,466,221 to achieve $30, then the ratio is 1:3 — and this is where smart decisions start!
Conscious trading begins 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
