If you don't Bet, you can't Win. If you Lose all, you can't Bet.

I remember Charlie Munger once said " All I Want To Know Is Where I'm Going To Die So I'll Never Go There."

I believe the best way to recover your loss is to protect your money before it goes into that situation. (Recover-my-loss situation)

I'm a 1% position sizing rules follower. Cutting the losses short is the only way. MM once tweeted " Trading without a stop-loss is like driving a car without brakes. Those who trade without stops, eventually stop trading."

We all make mistakes; don’t waste the mistakes you’re probably already making. Take extra time to follow them back through their roots, which may go deeper than you think.

If you ask me what is the finest skill of trade , i will tell you is not to lose money. Understanding risk, learning how to accept risk is the most important skill you should learn. Making money in the stock market can be done by anybody. Profits always take care of themselves but losses never do. We can't control the price to go up or down, but we can limit our loss.

The best traders not only take the risk, they have also learned to accept and embrace that risk. When you fully accept the risks, you are definitely no longer susceptible to the common fears and trading errors.

"Before I enter a stock position, the first thing I do is decide where I’m going to cut my loss. As the stock moves up, my priority changes to protecting my breakeven price. If I’m fortunate to have a decent gain, my priority shifts to protecting my profit.” - Mark Minervini

• P/S Sharing 2 of my recent cases that how i manage my risk using 1% Position Sizing rules. I hope it will benefit you all.