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.
So many traders are not profitable yet because they fail to understand this.
It's high time traders stop chasing shadows.
I agree with your point. Most of the successful traders only show their great profits to the community and this makes the new traders think that making profit is easy in crypto market. And this often turns into disappointment and discouragement of the trader when the lose their capital in trading. Profits are high, but so are the risks.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.
So many traders are not profitable yet because they fail to understand this.
It's high time traders stop chasing shadows.
So, all the traders should mention their risk to reward ratio so that the newbies can understand the market and its volatility (unstable behavior) and the risk factor involved before they pour in their capital.
Well said. I believe all traders should focus on their individual journey