Risk management is what separates traders who last from those who blow up an account on a single position. This section covers the core tools: how leverage amplifies both gains and losses, what a margin call is and how to avoid one, how to size positions by percentage risk, where to place a stop-loss, and how to use risk-reward ratios. It also covers the psychology behind the mistakes, fear, greed, and the biases that lead to catastrophic losses. These are the guides to read before, not after, your first leveraged trade.