Hi is there any Risk Reward Ratio Tool that sends you a notification when there is a a good Risk Reward ratio for a certain altcoin?
Or the only way is checking every altcoin manually?
This is my first time to hear this.
For me, the risk-reward ratio tool really depends, anytime you can put it but it depends on your trading style or way. Like for example if you will trade at supports/resistance or using any trading chart patterns like CUP and Handle/flag patterns, etc. For sure it is really difficult.
I wonder why some still bother about a risk reward ratio when it is more or less a gamble on chances of outcomes of investments and portfolio.
Only experienced traders would understand such ratio and even apply some of such kind tools to their advantage.
These days even, trading bots from using a Bitget exchange service would deliver such ratio, more simply put.
