#RiskRewardRatio #RiskRewardRatio
If you already have experience in the world of investments, you know how crucial it is to balance risk with reward. And if you are new, don’t worry, here’s a clear explanation. 🌟
The Risk/Reward is simply how much you are willing to risk to achieve a greater gain. For example, if you risk $10, are you looking to make $30 or maybe $50? 💸 This number helps you determine if the play is really worth it. 📈
The good news is that you don’t need complicated tools to calculate it. 📲 On platforms like Binance, if you trade futures, the risk/reward ratio automatically appears on the chart when you place an order, simplifying everything.
For spot orders, you will still need to manually calculate the Risk/Reward Ratio, but with a little practice, you will see that it’s not that difficult. ✏️