Here's a quick breakdown of a LONG trade on DOGEcoin.
We never know for sure what plays out hence a SL is always required when trading with leverage. But a 5R setup means we can be wrong literally 80% of the time and still be profitable.
4x loss = 4%
1x win = 5%
Combine it with being a proven setup that has a decent probability of playing out and it's a good combination imo.