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Forex Set a risk-reward ratio

Discussion in 'Forex Forum' started by Nathan, Jun 27, 2022.

  1. Nathan

    Nathan Member

    Joined:
    May 6, 2022
    Likes:
    1
    Location:
    Marseille
    Risk management has always been a problem with many traders in the market, and I just thought I drop a little something on this, more like a reminder;
    In every trade, the risk you take with your capital should be worthwhile. Ideally, you want your profit to outweigh your losses, making money in the long run, even if you lose on individual trades. As part of your forex trading plan, you should set your risk-reward ratio to quantify the worth of a trade. To find the ratio, compare the amount of money you're risking on an FX trade to the potential gain.
     

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