The reward to risk ratio (RRR, or reward risk ratio) is maybe the most important metric in trading and a trader who understands the RRR can improve his chances of becoming profitable. Basically, the reward risk ratio measures the distance from your entry to your stop loss and your take profit order and then compares the two distances. Traders who understand this...
Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. He is considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill.
Analyses of Trading Ranges
One objective of the Wyckoff method is to improve market timing when establishing a position in...
One of the most common questions from new traders is "when should I take profits?" There is only one wrong answer... that is to NOT have a plan!
I personally take off 75% of my position at a 3:1 Reward Risk Ratio target. The reason I do this is to give my strategy a mathematical edge when dealing with winners, losers, and in between.
Most investors use Risk to Reward ratio to show the estimated gain or loss of an investment or trade. The outcome in most cases is a fraction,like 1/3,1/4,..1/10.
The number above the fraction bar is the Risk (numerator), and the one below the fraction bar is the Reward(denominator).
I believe using the reversed ratio is better and helping the investors learn it...
In this video, I am going to how you how to identify supply and demand zone as support and resistance levels for swing trading, as a continuation of my previous video - identifying support and resistance for swing trading video. Feel free to watch below if you haven't done so:
There is one key factor that I pay attention to, which is the price spread. I would...
Support and resistance are essential levels for all traders in swing trading. Before one can start placing orders on the buy/sell side, these key levels will form the battlefield for buying or selling.
In the video above, I will show you how to identify the support and resistance levels for swing trading so that you can buy near the support and sell near the...
Vui lòng xem video, do mic bị hư nên không có tiếng, nhưng video đã rõ cách cấu hình, lưu lại template.
Lưu ý số 3 là tỉ lệ RR=2, không được như bên MT4/MT5.
You might have heard stories of people that were looking for really bad traders so they could do the exact opposite.
There was some guy that had a bot that would look at twitter bets and come up with a rr and wr, he was trying to sell that to a quant fund a few years ago.
There sometimes are some people crying about really awful signal providers, something like...
Most beginner traders aswell as even some that have been around for a while always get tricked into
the psyche that a profitable trader is one who caps the most pips in a month.
This is only not true but substantially misleading especially to new traders as they hardly think
in the negative direction when thinking pips, all focus is always on the PIPS they...
