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RE: Steem buying opportunity with a chance/risk profile of 2.3 – Double Bottom chance in Steem/BTC
Best part of this is you listed a clear risk/reward scenario with targets and stops. When I taught trading I'd try to drill this into people.
Thanks for you reply! Yes, as it strives against our ego to accept a loss stops are often neglected. Cashing in quick (& small) winnings and letting loosing positions run until the discomfort - the cognitive dissonance is too high. But that is a harmfull attitude in the markets.
So considering the chance and the reward is from my perspective a necessity.