1:1 ratio is very good. psychologically best for those trader who always want to exit in small profit.
currency impacts upon U.S. equities 2 replies
Risk Reward Ratio and Account Risk 30 replies
DislikedFor Risk Reward Ratio is the agreed nomenclature 1:3 ? Risking 1 to make 3. How are you guys getting 3:1 and still being consistently profitable with >=25% win rate? ~~Ignored
DislikedHello all. It seems that the trading community as a whole is widely against using a 1:1 risk/reward ratio and constantly preaches to aim for at least a 2:1 ratio whether it be on forums, youtube videos, chat rooms etc. I recently started thinking why is this the case? I personally come from a blackjack card counting background. At the very best counters will get a 3% edge over the casino (win about 53% of the time). Sports bettors are considered amazing if they can hit at a 55% rate and are legendary if they can get 60%. There are plenty of people...Ignored