#RiskRewardRatio
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:The Key to Success in the Trading World!
If you are trading without considering the risk-to-reward ratio, you are 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 are risking 10$ to achieve $30, then the ratio is 1:3 — and this is where smart decisions begin!
Conscious trading starts with risk management, not with 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!