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What is up stocks trade trader bryce here closing the door to the studio, tui tip thursday today um today's tui tip guys. The market, as you all know, has been absolute crap. Lately super choppy a lot of range on the overall market, the s t 500. You know the drill, a lot of downside range for the most part, um and guys the small cap market is feeling it there's, not a lot of momentum there right now, it's very choppy when things are trying to work and for me, i've had a great year Right, i am having a little bit of a drawdown now this week, but i've had a fantastic year overall and now what i'm doing is drawing down drawing out some money.

Out of my main account, putting in my bank account realizing it locking into gains literally because there's no reason to be oversized. We have monaco did the same thing. This is just not the time you want to blow up as a trader. So that's today's three tip.

If you are in a spot, where you're kind of ready to slow it down and not over trade, don't be afraid to draw down out of your account, take money. Put it in the bank. Account see you guys back here next week.

By Stock Chat

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One thought on “Tuohey tip thursday: don’t be afraid to draw down out of your trading account”
  1. Avataaar/Circle Created with python_avatars Gregory Bostrom says:

    oyoyoyoyoyoyoyoyoyoyo

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