Forum: Psychology and Money Management
February 15th, 2021, 07:17 PM
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Replies: 74
Views: 18,560
Exactly, this makes me think about a roulette...
Exactly, this makes me think about a roulette player placing a token on the 2nd dozen bet. You bet one token to win two. He thinks, i have a good RR so let's play. slippage and commissions = zero...
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Forum: Psychology and Money Management
February 15th, 2021, 04:15 PM
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Replies: 74
Views: 18,560
I don't understand the emphasis on the RR...
I don't understand the emphasis on the RR equation
Minimum Winrate = 1 / (1 + Reward:Risk)
A 1:1 RR = 50% winnings to break even point
A 4:1 RR = 20% winnings to break even point
Still a...
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