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TFC Commodity Trading Forum

Taking Profits

So, I have been really thinking that in light of the whole MF Global thing, that maybe taking profits much more often, rather than building your account more might be a good idea. I mean, it's not really yours untill you have the gold in hand. Right?

I am thinking that it may be best to keep the absolute minimum in the account, and keep the rest on reserve somewhere else that is more secure...although in today's world, a safe under the bathroom tub might be the safest place.

So, if you have 500K in an account, how much can you take out, and how much do you need to leave it for operating capital?