👉2 Chemical Engineer Friends - Edward Menezes & Sunil Chari pursued MBA together 30 Years ago to land up finally on the terrain of Entrepreneurship as Partners
👉Commenced Specialty Chemicals Business on March 6 2003 in the name of Rossari Labtech
🟢 It is an Intrinsic Principle of Money Management
🟢 It is a Key driver of a Trader's Emotions & Psychology
🟢 Yet least understood part of Trading & Investing Process
🛑 Objective
🟢 It ensures Consistent Profitability in Long Term, once practiced
(1/n)
🟢 Minimizes chances of Big Draw-downs in case of Gap-Ups & Gap-Downs
🟢 Ensures entire Account is not blown in a Single Trading Session, when one is leveraged too & Trade goes in Opposite Direction
🟢 Ensures Survival for Longer Duration in Markets