Do you agree with the statement below?
“You must look for trades with a minimum of 1 to 2 risk to reward so that even if you lose more than half the time, you can still be a profitable trader.”
If that’s the case, why stop at 1 to 2 risk to reward?
Why not go for 1 to 1000 risk to reward?
Why not risk 10 pips to make 10,000 pips?
All you need to do is have a stop loss of 10 pips, and have a target profit 10,000 pips away.
You’re a consistently profitable trader.
Well, the truth is this…
The risk to reward ratio is an illusion. It is meaningless without taking into consideration this one thing — and I’ll explain more in this episode of AskRayner.
If you were to point a gun to my head and ask me…
“How do you find the best risk to reward trading setups?”
Then here is my answer…
Do you want to learn more?
Then go read these posts because it will teach you about position sizing and risk to reward.
Do you have a question for me?
Just let me know in the comments section below and I’ll do my best to help.
I look forward to hearing from you!