There is zero advantage in risk reward; if you put a 20 point stop and a 60 point profit your chances are probably 3-1 that you will lose; actually with the spread its more like 4 to 1 ( Jimmy Young ) salaam
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I’m not sure, are you still there or not! But you are totally wrong! Risk-reward is such a good way to verify the rule of money management!
The risk reward ratio perfectly characterizes trading in money management aspect.
I try to adhere 3:1 in my trading plan and get my real average 2.6:1. The win rate is 68% for now, dropped from 70% during the last 3 months.
264 trades
