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Line Your Own Pockets · Today · 51 min

Systems for Withdrawing Profits

In this week's episode of Line Your Own Pockets, we discuss a question I received from a list member on strategies for withdrawing profits from your trading account. Topics discussed: Get your strategy working first; don't worry about withdrawing until that's obvious Trading is much easier if you don't need the money Systems I've used for withdrawing Keeping living expenses low makes everything easier Withdrawing rules affect your trading mindset - and even the strategies you decide to trade And much more... Of course, this is not financial advice - a good financial advisor and/or accountant can be worth every penny. --- Before you go! The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course. I hope to see you there!

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show notes

In this week's episode of Line Your Own Pockets, we discuss a question I received from a list member on strategies for withdrawing profits from your trading account.

Topics discussed:

  • Get your strategy working first; don't worry about withdrawing until that's obvious
  • Trading is much easier if you don't need the money
  • Systems I've used for withdrawing
  • Keeping living expenses low makes everything easier
  • Withdrawing rules affect your trading mindset - and even the strategies you decide to trade

And much more...

Of course, this is not financial advice - a good financial advisor and/or accountant can be worth every penny.


---

Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!

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