Many people often ask me what is the profit and loss ratio? #BTC
This should be easy to understand.
For example: 60,000 long, stop loss 59,000, take profit 60,600.
Loss 1,000, earn 600? Earn a pound of meat, lose half a pig? Is this profit and loss ratio suitable for trading?🤔
📌Of course, we cannot deny that when you see that the market trend is indeed blocked and you cannot see the breakthrough in the future market, you can close the position manually in time, and there is no problem at all.
However, this is just an example, not every transaction you think the next K line does not meet your expectations and you take profit and leave. Then you are very likely to miss a trend that you originally saw correctly!
This is also the story that is often criticized for making two dollars and having a stomachache, and losing 200,000 and laughing and thinking that you can fight back.
