How To Use Risk:Reward Like A Pro
Whatsup my friends
In this video I will be covering my risk:reward model and how I can use it to generate an edge in the market.
In this specific backtesting session, I used 0.5:2 risk:reward with TP at 4RR for every trade.
I got pretty good results - but remember this is simulated and it's easier to perform better.
However, don't take this type of training lightly - this is the best way to improve as a trader.
The next step would be to actually start journaling your trades and analyzing everything at a deeper level.
I hope you enjoyed this!
Cheers
Dil
In this video I will be covering my risk:reward model and how I can use it to generate an edge in the market.
In this specific backtesting session, I used 0.5:2 risk:reward with TP at 4RR for every trade.
I got pretty good results - but remember this is simulated and it's easier to perform better.
However, don't take this type of training lightly - this is the best way to improve as a trader.
The next step would be to actually start journaling your trades and analyzing everything at a deeper level.
I hope you enjoyed this!
Cheers
Dil