#education A risk/reward ratio tip The risk/reward ratio c | OctaFX Analytics

#education

A risk/reward ratio tip

The risk/reward ratio can significantly boost your chances of gaining profit in the long run. It measures and compares the distance between your entry point and your Stop-Loss and Take-Profit orders.

Scalpers and day traders are advised to set a minimum risk/reward ratio of 1:2. At the same time, swing and position traders should set a minimum risk/reward ratio of 1:3.