Risk management is not about predicting every rise and fall; it’s about deciding first how much loss you can realistically withstand. In a single trade, you can limit the risk to within 1% of your total capital, then calculate your position size based on the distance between your entry price and your stop-loss price. The higher the leverage, the closer the liquidation (forced close) level—so even a slight increase in volatility may push you out involuntarily. Don’t trade with borrowed money, living expenses, or emergency funds. And don’t increase your position to “win it back” after consecutive losses. Set your entry, stop-loss, take-profit, and maximum position size in advance; following discipline is more important than in-the-moment emotions.