Hey ff. I dont understand why im having struggles with this, but heres my problem.
Im pretty new to trading (ive just been doing demo trading for the last year-ish. Read a book or two on trading. Nevertheless learning lots) and ive been wanting to keep a good R/R for my trades. Im figure out how im supposed to keep a 3:2 or 2:1 R/R ratio. I dont understnd the way the pips are installation.
Any help would be appreciated. Additionally I feel like im more of a scalper. I enjoy not having to have a big risk but prefer to make smaller profits. Information or any books would assist me tons. For indiors ive noticed RSI has helped me a lot. Im buying around the 20-30 mark and selling in 70-80. Its something ive been messing about with on the demo. Ive also thought about starting live at a month or so. I know that the demo account isnt like the same as a live account so the best way is to test it out right?
Any input is appreciated!
Thank you