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What is term RR in trading? Why it is important?

RR is Risk:Reward.

When you take trade you have to decide how much you are willing to risk for how much reward.

If you are willing to risk 5$ for 10$ reward, RR is 1:2.

Always follow your Risk to Reward plan. If you decide your minimum RR 1:2 and you have 50% win rate accuracy then you are at breakeven.

With good RR like 1:2.5-1:3 you can make good money.

Follow for more trading tips.
@trademinds7
SPOT IDEA $STG

STG is continuously making lower low from Feb 2023 which was ATH and Year high.

Price is now at almost yearly low. At 0.427

We are adding 50% in spot at CMP

Will add more later.
More Spot Calls.

Add below coins/tokens.

ADD 40-50% ONLY.

1. BTC
2. ETH
3. STG (omnichain)
4. BLUR (NFT)
5. ARB (L2)
6. OP (L2-OPSTACK)
7. SUI (L1)
8. NEAR (L1)
BNBUSDT LONG

Limit long @208

SL @205.5
TP @214 & 219
CYBERUSDT LONG

Long @4.44
Add more @4.42

Stoploss 4.4
Tp 4.56
BTC might go near 31500 and then dump to 28000. What do you think?
SUIUSDT

Limit long @0.397
SL @0.382
TP @0.457
0.42 is a resistance lvl. If it breaks in hourly TF we can expect 0.46
Chart Palace
SUIUSDT Limit long @0.397 SL @0.382 TP @0.457
Trade will be invalidate if it continue making red candles.
Chart Palace
SUIUSDT Limit long @0.397 SL @0.382 TP @0.457
Sui going good. Need to flip 0.42 lvl for more 5-7% up move.
CYBERUSDT 4H TF ANALYSIS

price is continuously making lower low - lower high.

We can only go long if price flips 4.7$ lvl.

After closing above 4.7$ in 4H TF we can open limit long trade near 4.55$ with 4$ as a SL.