DislikedIssue is that to get into the game of RR decisions, one must use a SL. One must fundamentally believe that SL is part and parcel of trading. Without it, pack up and go home. I have an issue with using SL. Probably a psychological condition beyond repair. As such, I think I have always leaned towards trading in a way that is suitable for not using SL. That puts me at odds with RR the way it is used. You could say my SL is 100% and TP depends on what the market wants to give. It's just a matter of spice from there on. Just a fringe hippy approach....Ignored
Also instead of just 1 trade, one should divide the risk into atleast 2 to 4 and adjust it. So one can pyramid up or average down provided the total risk is as you planned.
Risk mgt is definitely the most important thing in trading imo.
Also depends on your strategy.
Trading is gambling. So gamble responsibly.