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February 29, 2020 at 12:30
#40417
Anonymous
Inactive
On a side note, I have read that a common risk/reward ratio is 1:2, or profit target being twice the stop loss, but the results I get from the Reactor suggest that the reverse can be safer/more profitable – stop-loss being twice the take-profit.
That way, price is more likely to hit your TP before it hits your SL, and you can move on to the next opportunity.
When I see a chart that has a lot of open trades on it, I don’t like it when I see how many Stop-losses price has to move through to get to a Take-profit.
Conversely, it’s always good to see that price is going to hit a lot of TPs before any SLs get hit.