Understanding Risk Reward to Improve Forex Trading | Forex
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http://www.forexreviews.info/my-case-study-of-how-risk-reward-works-in-forex-video-proof/ - Understanding risk reward in forex is one of the key aspects to success in this business. Simply by changing your perspective and view on losses not only can you except losses more, but you will also make more money. Video goes over what you need to know and some good examples of using money management and risk reward in trading..
Comments
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There is one BIG problem with risk to reward, you have no control over the reward, you control only the risk! With this is mind it is better to focus on probability as it is the only other element in trading that we can identify and project. I wonder how many novice traders focus on risk to reward and overlook the probability of the trade being a success.
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Great tool for fast and easy computations of Risk Reward Ratio in MT4/MT5: https://www.mql5.com/en/market/product/5388
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is it ok to sell trade with that pinbar 8:02 even there is no engulfing candle?
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Great vid mate keep it up and happy trading!