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Daytrader247
Jan 5, 2018 9:45 PM

Bitcoin Long 2:1 risk reward Long

Bitcoin / TetherUSBinance

Description

In my opinion i would personally risk "$500" to make "$1000" here on this breakout
Comments
MarqWrestle
2x??? How?
Daytrader247
@MarqWrestle, I don't understand your question
Daytrader247
@MarqWrestle, if my entry is at 16880 and my stop is below 16310 then my risk is defined at "$570". luckily i can buy partial coins and not have to buy a whole coin at a time. But still the ratio is there, if i'm risking at hypothetical "$570" then i want to shoot to make at least a hypothetical "$1140" or 2:1 and maybe scale out on the way up and set my stop at break even after my 1st profit target is hit.
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