I’ve built trading systems for 15 years.

The biggest risk failures I’ve seen weren’t bad signals.

They were sizing failures.

A strategy can have positive expectancy —

and still blow up an account.

What usually goes wrong:

• Position size grows faster than edge

• Leverage masks regime shifts

• Recent wins distort risk perception

Risk isn’t about being right.

It’s about surviving when you’re wrong.

Execution systems amplify returns.

Leverage amplifies mistakes.

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