Seeing people replied about setting pips, ratio of stop loss to trading, and considering trading pair, I have a question to ask, isn't it forex market that has pips study, ratio settings strategy. I have only come across market makers and market takers in crypto trading, how does pips, ratios concise with crypto, which crypto exchange supports pips and ratio setting. Never see me as fool for asking this.
I think you can talk about ratio in crypto trading too, why not? And yes, pips came from forex, but so did all the other terms I believe, and they actually could have come from stock markets in the first place.
Pips just stands for PRICE INTEREST POINTs:) So OP is telling people not to just rely on this (it's also harder to count I guess as pips moves are crazy in BTC!).