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Rule #18: Know Your Ratios

How did I get rich? Well, I sold apples to start. I bought a dozen apples wholesale for 50$, polished them real nice and sold them for 10$ a piece. I kept at it until I had well over $3,000 in profits. Then my uncle died and left me $1.4 million.

—Henny Youngman, comedian

Every business has r...

 

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www.pomdy.com/book/trading-rules-that-work/part-iv-trader...

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Uploaded on December 28, 2015