OOPS correction! (The 2:1, 3:1, 5:1 is simply the price between where the stop loss is placed and the buying price known as 1R.) should of course read the 2:1,3:1, 5:1 etc is 2R, 3r or 5R which represents a predetermined price target for each trade and is an individual choice based on what the trader feels comfortable with as an exit point for the trade to help to run a profitable business.
