You can control your losses with robot-like discipline, never make any mistakes at all, avoid ALL market gaps against you... and still that's not enough to be profitable.I wasnt trying to be sarcastic at all. I agree with the concept
There has to be risk management AND an edge. One doesn't work without the other.
And even when there is an edge and risk management, the smaller the edge - the more your strategy relies on pure luck.
Combine a small edge with human error, slippage, occasional losses bigger than 1R - and the edge is completely gone.