what would be the ideal risk to reward for intraday trades? like 1:1 or 1:2 or 1:3 etc?
depends ,if you are going for scalps or swings… for scalps, 1:1 would be great to achieve, for swings try getting 1:2 or better
RR should always be 1:1.2 or more…
RR should be decided along with probability of success and the drawdown you are wiling to accept.
risk to reward ideal is not the thing in market, if any thing in market is ideal then it is not guaranteed.
the risk to reward in intraday trading depends on the last support or resistance and also the yesterday`s position. so, risk to reward changes with every stock script and then we have to take the trade.
happy trading to you.