Trading lesson 3 of 8, where we explain the importance of trading with a 1:2 risk / reward ratio.
Comments
if that was your honest trade, then, you my friend , got lucky. you know as well as I do that that was a spinning top at the top of a trend. Which signals a possible reversal(as the following 4 or 5 candles show) AND that was NOT even a 1:2 risk reward ratio. it was 1:1. anyone who knows anything about candles knows that a spinning top signals indecision and possible reversal.