Here are Some Important Advices For You Regarding Your Trading๐
1. The Ratio: A 1:2 ratio means risking $1 to potentially make $2. Aim for this minimum.
2. Why it Works: Even with 50% winning trades, you'll profit long-term due to larger wins offsetting losses.
3. Calculate Beforehand: Identify entry/exit points and your stop-loss to determine the ratio.
4. Discipline Matters: Consistently using risk-reward ratios keeps emotions out of trading.
5. Long-Term Focus: Manage risk-reward for sustainable profits and weathering losses.
6. Decision Guidance: Only take trades with favorable ratios aligning with your goals.
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