#RiskRewardRatio

If trading was simply charts and trends, the first millionaire would be you.......

What do I mean? The charts say one thing and the news say another. The trends go up but change the second you long? or go in the position? It happens to the best of us... Patience is key, but consistency is golden. Thus, we will discuss a very interesting topic today, and that is Risk Reward Ratio. The question is simple. How much are you willing to risk?

Ever heard the saying, big boys don't chase win rate, they chase a really good RRR. Now how in the world will you even know whether you have a good RRR or not?

Even if you lose 7 out of 10 trades and your RRR is 1:3, You still made profit.

You still don't get it? I'll break it down more and add a secret tip.

Don't risk $100 to gain $20. That isn't trading that is donating...

Watching for the next post, I'll explain Swing trading, Scalping and Intraday.

Don't forget, look for setups where losers feel like winners and winners feel big. You don't have to fail to win. That's what they already did. Proper preparation prevents poor performance.