Then why don't you forget charts and indicators ..pull a random price out of a hat and get really rich with just PRM. You don't need charts..indicators..etc. Why do you use them?
One cannot run a business without Risk management. Biggest problem here I see, is that the majority of ET'ers don't run there trading as a real business.
One cannot run a business with just risk management...how about a niche? Agree that most traders don't use risk management optimally.
Doesn't "expert" imply a special skill or unique approach? Special skills and unique approaches are not simple or straight forward. If you have an edge built in to your "money management" because of some creative sequence or filter, then you shouldn't say money management is the absolute edge, because it's your own personal edge. Why do you imply money management is easy and makes easy profits, yet it takes expertise to accomplish? There can only be so many "experts" at anything!!!! P.S. I know you use the RSI frequently in your trading.
RSI is used along with other indicators and price to determine entry and exit. There is no edge in that. Everyone is able to pick good entries and exits.