Inadequate risk management makes all technical analysis meaningless

In the trading world, technical analysis determines whether you can make money, but risk control decides whether you can keep your profits. Even if your win rate is as high as 80%, a single failure to control risk or a heavy position can wipe out all your previous gains. Risk management includes multiple aspects such as position sizing, leverage, stop-loss, holding cash, and batch trading—each one cannot be overlooked. Never expose yourself to uncontrollable risks, and never rely on luck. The market is ruthless; it won't be forgiving because of your effort or hard work. It will only reward those who understand and respect risk and can control it. Remember, survival first, profit second—first ensure you don't lose money, then think about how to earn.