Quote from Ashu Dutt
The first goal should be to recover the original trading...
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The first goal should be to recover the original trading capital you have put in. You must get your original capital out as soon as you can. If you started with 1 lakh and you are down to 90,000 or 50,000, don’t pull out the principal. If you are up to 1.5 lakh, pull out 50,000. You will see your trading performance improve as soon as you have withdrawn your principal. After that, set a goal to withdraw 20% of your gains if your money doubles. Removing money regularly is similar to putting away savings from your salary.
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This quote is from Ashu Dutt's book "Trading The Markets For A Living". Want to read this book? Download "Trading The Markets For A Living" on your computer, Android or iPhone in any format of electronic books!
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