justlivingmylife

How To Use Risk:Reward Like A Pro

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OANDA:EURUSD   Euro / USA-dollar
Whatsup my friends

In this video I will be covering my risk:reward model and how I can use it to generate an edge in the market.

In this specific backtesting session, I used 0.5:2 risk:reward with TP at 4RR for every trade.

I got pretty good results - but remember this is simulated and it's easier to perform better.

However, don't take this type of training lightly - this is the best way to improve as a trader.

The next step would be to actually start journaling your trades and analyzing everything at a deeper level.

I hope you enjoyed this!

Cheers
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