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Peter Lynch
“You have to say to yourself: if I'm right, how much will I win? If I'm wrong, how much will I lose? That's the risk/reward ratio.”
You can't open any position in the markets without first having defined this relationship, especially in the case of possible losses. If you don't know, or worse, don't want to do it, you're not ready to be a professional trader. #EIGEN
“You have to say to yourself: if I'm right, how much will I win? If I'm wrong, how much will I lose? That's the risk/reward ratio.”
You can't open any position in the markets without first having defined this relationship, especially in the case of possible losses. If you don't know, or worse, don't want to do it, you're not ready to be a professional trader. #EIGEN