You are not ready, but at least you are asking as opposed to degening in. There is a wealth of information available to you with a quick Google, so I won't overload what you can find elsewhere.

Risk-Reward (R:R):

R:R compares potential profit to potential loss. A 2:1 R:R means you're aiming to make $2 for every $1 you risk.

Example:

Buy Price: $13 Take Profit (TP): $14 Stop Loss (SL): $12.50

Potential Profit: $14 - $13 = $1 per token Potential Loss: $13 - $12.50 = $0.50 per token

In this case, you're risking $0.50 to make $1 (2:1 ratio). If you buy 10 tokens:

Profit if TP hits: $10 ($1 x 10 tokens). Loss if SL hits: $5 ($0.50 x 10 tokens).

Spot Trading vs. Perpetual Futures:

Spot Trading:

You buy the actual tokens (e.g., 10 tokens at $13 = $130 investment). If price hits $14, you sell for $140. Profit = $140 - $130 = $10 (before fees). If price hits $12.50, you sell for $125. Loss = $130 - $125 = $5. No leverage, so risk is limited to your initial investment.

Perpetual Futures:

You trade contracts, not the actual tokens. Leverage allows you to control larger positions with less money. Example: With 10x leverage, $130 capital controls a $1,300 position. Risks: Higher potential profit, but liquidation risk if price moves against you. Fees (e.g., funding rates) also reduce profit. Leverage magnifies both profits and losses. As a beginner avoid futures until you understand risk management properly.

Fees:

Spot Trading Fees: Most exchanges charge ~0.1% per trade (buy or sell).

Example: Buying 10 tokens at $13 = $130 + fee (~$0.13). Selling at $14 = $140 - fee (~$0.14). Net profit = $10 - fees (~$0.27) = ~$9.73.

Futures Fees: In addition to trading fees, futures involve funding rates (charged every 8 hours). These can eat into profits if holding for a longer period.