Someone told me to transfer 50% profit to bank on a profit day. For e.g. if I make ₹1000 profit and I should send ₹500 to bank and keep ₹500 in Zerodha. This will help increasing capital as well as generate cash flow.
I would like to know how and when you send profit to bank? What are the best practices? Do you transfer profit on per trade basis or per day basis? What is your frequency and style?
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Depends ultimately on your trading style and self-discipline and would not be able to comment on it.
