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RE: Understanding the Dynamics of Risk and Reward in Crypto Trading
Dear @badmus-official ,
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This is a nice post but I was particularly concerned about your risk to reward ratio.
Humans are subject to greed, what should be our targeted risk to reward to fight greed, more especially for newbies.
What's your suggestion?
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Nice to see you have paid detailed attention to the article above , here is my suggestion.
As a newbie focusing on profits, you should always look for signals that posses high potential , there are some assets that have high volatility compared to others, focus on that and you shouldn't risk more than 1:1 or at maximum 1:2 , and importantly you should be patient and don't follow trend when executing a trade.
Hope you've got suggestion needed?
Ok this is nice, thanks for the response