Boh...for me is very hard find a edge. Boh…
RULE #1 RISK MANAGEMENT
Trade smaller sizes,
trade less often, avoid over trading,
trade without emotion,
use automation where possible and reasonable,
trade high probability set ups,
use reasonable and realistic take profit targets,
use reasonable and realistic stop loss targets,
use a profitable trading strategy,
kill losing trades,
hold winning trades until they hit your TP
use proper financial planning
protect your investment and assets at all cost
What instrument you trade is IRRELEVANT (currency pair, stock, bond, whatever)
Diversify investment capital.
When an investment account is blown, there is ultimately only one person responsible for it. The Investor...
Not the broker, not the markets, not the currency pair.
So I'll say this yet again....
If there is a massive loss of capital (blown account, etc...), ultimately the responsibility for the problem is the Investor.
Regardless of the event that caused a blown account, the fact that account is blown should be all the information anyone needs to know.
If risk is managed properly, even a catastrophic market event can be protected against, or at least the impact can be limited to an accepted level.
These are just my opinions of how I personally trade, but I think they would be reasonable to most people if considered.