#RiskRewardRatio
The discussion on the Binance Square platform currently focuses on the importance of the Risk-Reward Ratio in trading. The idea is simple: how much you risk versus how much you could gain. For example, if you risk 10$ to gain $30, the ratio is 1:3.
Key points:
Helps in making smart trading decisions.
Traders recommend a ratio of no less than 1:2 or 1:3.
Even if you lose on most trades, a good ratio could keep you profitable.
Tools like Fibonacci help improve this ratio.
In summary: focusing on this ratio is essential to reduce losses and increase chances of success.