If you can't achieve above 50% win rate with 1:1 RR, then don't even dream that you will come ahead with 1:1.01 or above. There's no edge in whatever you're using. Law of average will kill you and you're just wasting your time.

lol, agreed! Either way, it's important not to fool yourself.

Can you clarify on the "Reward = Infinity" part? I usually hear that shorting stock is risky because there's a limit to price going down, but price can go up to infinity, but I've yet to see that infinity (except for few stocks like Berkshire ...

So having a RR of 1:2 is a restraint on your part? Restraint from 1:3? I'm not quite sure what this means. Suppose you stick to a trade with 1:2 RR and your target is at 10 year high (just for argument sake), how is that not imposing your belief on ...

You have a stop-loss to control your trade. And you manage money buy calculating how much you are risking per trade by position sizing (Read Van Tharp). You don't control much else... You hear traders say entrance is the least important aspect of ...

"A good trade is a trade that has at least 1:2 risk reward ratio"

This is very true. Setting stop-loss and trailing or setting your target should be done in relation to the price, not your ratio. The market doesn't care about where you think the price will go. Sometimes a good trade is a 1:0.5 with great accuracy. ...