This video delves into the combination of a stop loss (risk) and take profit (reward) to find good trading opportunities.
Get Tradingview Pro for next-level charting: https://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=8388
Suggest a video on Patreon: https://www.patreon.com/BitcoinTradingChallenge
The chart referenced: http://s1.postimg.org/kjryq9n7z/Screen_Shot_2014_12_17_at_8_57_54_PM.png
Timestamps:
Probability: 0:55
Win-rate/% Break Even: 2:20
Example 1: 5:55
Example 2: 7:23
Get the Learning Course to trading Order Flow here!:
https://bitcointradingpractice.com/guide/order-flow-my-60-scenarios-of-bookmap/
The Website(s) I use for Analysis – https://cryptowat.ch/gemini/btcusd
www.tradingview.com
www.bfxdata.com
My Discord Chat: https://discord.gg/MSrNkbg
_________________________________________________________________________________________________
Disclaimer: The content covered in this video is NOT investment advice and I am not a financial advisor. The material covered within these videos is for educational purposes only. Always do your own research and only invest based on your own findings and personal judgment. Happy Trading!
