You are viewing a single comment's thread from:

RE: Understanding the Dynamics of Risk and Reward in Crypto Trading

in Steem Alliancelast year

Dear @badmus-official ,

We appreciate your active participation and contributions to our community. To ensure a positive environment for all members, we have implemented a set of guidelines to maintain respectful and constructive discussions while upholding community guidelines.



  • Review:
    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?



Now Engage, Connect, and Inspire Each Other to Reach New heights.

Thank You.

Banner.png

Sort:  

Nice to see you have paid detailed attention to the article above , here is my suggestion.

Humans are subject to greed, what should be our targeted risk to reward to fight greed, more especially for newbies.

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?

 last year 

Ok this is nice, thanks for the response

Coin Marketplace

STEEM 0.17
TRX 0.14
JST 0.028
BTC 58083.18
ETH 2578.52
USDT 1.00
SBD 2.42