Most beginner traders aswell as even some that have been around for a while always get tricked into
the psyche that a profitable trader is one who caps the most pips in a month.
This is only not true but substantially misleading especially to new traders as they hardly think
in the negative direction when thinking pips, all focus is always on the PIPS they can "potentially" pick up.
Can't blame them much however , the whole eduction is focusd on PIPS. its all we dream of starting off.
RISK-to-REWARD on the other hand literally pays attention to both sides of the trade and as simple as it may sound,
focusing on R:R rather than on pips gives you a great deal of psychological balance we all need as traders before
rushing into trades
the psyche that a profitable trader is one who caps the most pips in a month.
This is only not true but substantially misleading especially to new traders as they hardly think
in the negative direction when thinking pips, all focus is always on the PIPS they can "potentially" pick up.
Can't blame them much however , the whole eduction is focusd on PIPS. its all we dream of starting off.
RISK-to-REWARD on the other hand literally pays attention to both sides of the trade and as simple as it may sound,
focusing on R:R rather than on pips gives you a great deal of psychological balance we all need as traders before
rushing into trades