Most traders think *risk-on vs risk-off* simply means bullish or bearish.That’s wrong.Risk-on and risk-off isn’t about direction. It’s about *capital behavior, exposure, and how much risk the market is willing to carry.*In this episode of the Tactical Edge Podcast, Ben and Nick break down what these terms actually mean and why misunderstanding them leads to blown accounts.We talk about:• Why risk-on doesn’t mean “go long”• Why risk-off doesn’t mean “short the market”• How professional traders think like *risk managers first*• Why position sizing is the real edge in trading• How market conditions should change your exposure• Why most traders fail by focusing on prediction instead of survivalIf you want to last in this game, you need to stop thinking like a trader and start thinking like a *risk manager.*Because the market doesn’t destroy traders who pick the wrong direction.It destroys traders who carry the *wrong amount of risk.*