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.
Pip is a unit of measurement in the market. I trade forex majorly and I also trade cryptocurrency via my broker. I believe the pip count and R:R also apply in the crypto market. you can check out the pip count of a pair on tradingview and MT4