Hi Eur/USD thread posters
with the risk of me embarassing myself big time here. Stil a question i want to shoot out in to the most frequented thread.
Everyone seems to swear that the right way of trading has to be a 1;2 Risk to Reward or higher but is this a must for constant and long term profits in the markets? When lets say I have a 75% chance of getting it right and my RR is smaller then 1;1 I am still profitable in the long run? Or am I having a huge mistake in my thinking?
Thanks for your insights and thoughts.
with the risk of me embarassing myself big time here. Stil a question i want to shoot out in to the most frequented thread.
Everyone seems to swear that the right way of trading has to be a 1;2 Risk to Reward or higher but is this a must for constant and long term profits in the markets? When lets say I have a 75% chance of getting it right and my RR is smaller then 1;1 I am still profitable in the long run? Or am I having a huge mistake in my thinking?
Thanks for your insights and thoughts.