True indeed. Someone who want to build their trading portfolio should think more about RR ratio rather than win-loss ratio. Even though his/her win-loss ratio is small, if the RR ratio is big. I'm sure that trader has already gotten some nice profit. Some example (using same lot). If the win ratio is big, but the RR ratio is below (minimum) 1: 2 (as mentioned above my post). I am sure, that trader has experienced losses or at least BE (without profit). But if his/her win ratio (let say) 35%, but his/her RR ratio is big, then that trader has gain nice profits. If a trader has a good score in both's (win-ratio and RR ratio), then I can call him/her as a reliable trader.
The risk-to-reward ratio and Win-loss ratio work hand-in-hand.
A large risk-to-reward ratio doesn't require a high win rate and vice-versa.
I see traders boast about the Amount of pip they made in the market but I believe what should matter to you as a trader is your Risk to reward ratio.
If you are changing your instrument of trade as a result of the pip-move of a pair/currency, I think you should re-think your decision and factor in Risk to reward.
It's high time traders stop chasing shadows.
In my view too. apart from ratio reward to risk management I believe calculating the number of pips is also good rather than having only profit made in mind. Some traders can use a huge lot size to trade just because of the profit they are chasing but if you trade based in pips and reduce your risk appetite, I think is also RR
The amount of pip you make in the market doesn't matter at all.
For Example, If you make 200 pips in the market with a 100 pips stoploss, you are less profitable than someone who made 15 pips with 5 pips stoploss.
PS: Your stop-loss and % of account risked determines the lot-size you use. A huge lot size can be used following proper-risk calculation/management.
So many traders are not profitable yet because they don't understand this.