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Definedge Forum Logo

How to add/withdraw funds further in a momentify system?

Scheduled Pinned Locked Moved Momentum
momentifyfundsaskdefinedge
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  • A Offline
    A Offline
    Agniva Mandal
    wrote on last edited by
    #1

    @Definedge @@Definedge-Experts
    I am also looking for it. As the profits will be reinvested in successive rebalancing, then how to find what will be the capital employed at the particular time?
    If we want to add certain amount each year (say 5L per year), then how to add it manually?
    Again, how to withdraw some amount from the profit gained as one has to pay STCG and LTCG tax as hopefully over longer period of time both the capital and profit will be increased significantly (as the system is promising)?
    Please guide us in this regard.
    Thank You....

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  • M Offline
    M Offline
    Mitul Gadhiya
    wrote on last edited by
    #2

    @Definedge Any update on this?

    1 Reply Last reply
    0
  • Prashant Shah Offline
    prashant.shah26@gmail.comP Offline
    Prashant Shah
    wrote on last edited by
    #3

    We are making a feature of adding the fund to the existing strategy available. It will be made available by next weekend.

    You can sell stocks manually and withdraw funds. You can update it on Momentify so that P&L reports wouldn't get affected.

    We will provide that option too in a single click but it is very tricky hence taking time.

    We can't predict how a strategy will perform in the future. What we can do is learn from historical data and understand the strategy through logical analysis.

    A 1 Reply Last reply
    2
  • A Offline
    A Offline
    Agniva Mandal
    replied to Prashant Shah on last edited by
    #4

    @Prashant Shah
    Thanks a lot sir for sharing the updates and future plan.

    1 Reply Last reply
    0


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