I see traders boast about the Amount of pip they made in the market but I believe what should matter to you as a trader is your Risk to reward ratio.
If you are changing your instrument of trade as a result of the pip-move of a pair/currency, I think you should re-think your decision and factor in Risk to reward.
It's high time traders stop chasing shadows.
If you are changing your instrument of trade as a result of the pip-move of a pair/currency, I think you should re-think your decision and factor in Risk to reward.
It's high time traders stop chasing shadows.
In my view too. apart from ratio reward to risk management I believe calculating the number of pips is also good rather than having only profit made in mind. Some traders can use a huge lot size to trade just because of the profit they are chasing but if you trade based in pips and reduce your risk appetite, I think is also RR