@xxlessox
what would be your stop loss if your tp is 20-40pips? also the same or 2x that? also do you mind saying what your target is for the typical pairs like eu,au,gu,uj, etc?
technically it's also not wrong to have a 1:1 or lower risk:reward ratio if your win rate is high I personally have a r:r ratio of 1:2, because I have lower than 50% win rate, as I am a trend follower trader
this'll be a big help, thanks!
what would be your stop loss if your tp is 20-40pips? also the same or 2x that? also do you mind saying what your target is for the typical pairs like eu,au,gu,uj, etc?
technically it's also not wrong to have a 1:1 or lower risk:reward ratio if your win rate is high I personally have a r:r ratio of 1:2, because I have lower than 50% win rate, as I am a trend follower trader
this'll be a big help, thanks!