who withdraws money 24/5, 24/7?
Mitglied seit Feb 22, 2011
4573 Posts
Mar 29, 2018 at 11:15
SloveniaRules posted:
yeah but if the markets go crazy and you need an emergency withdrawal then you may have to do it at night
Do not confuse withdrawal with trading.
If markets go crazy your money and risk management applies and you close positions according to your rules.
You can the withdraw at any time.
Apr 02, 2018 at 13:18
I think the market has nothing to do with the withdrawal of funds as long as you don't place your money in a certain position. If you don't trade your money, it doesn't matter for the market if it'll stay in the account or it will be withdrawn ....
Accept the loss as experience
Mitglied seit Dec 11, 2015
1462 Posts
Apr 03, 2018 at 05:55
TiffanyK posted:
I think the market has nothing to do with the withdrawal of funds as long as you don't place your money in a certain position. If you don't trade your money, it doesn't matter for the market if it'll stay in the account or it will be withdrawn ....
I agree, withdrawing and trading are two very different things, I not sure how they can get conflated. 😕
Apr 03, 2018 at 06:16
TiffanyK posted:
I think the market has nothing to do with the withdrawal of funds as long as you don't place your money in a certain position. If you don't trade your money, it doesn't matter for the market if it'll stay in the account or it will be withdrawn ....
Actually, retails traders are only 10% (even less)! So, there is no impact at all.
Apr 03, 2018 at 06:22
togr posted:SloveniaRules posted:
yeah but if the markets go crazy and you need an emergency withdrawal then you may have to do it at night
Do not confuse withdrawal with trading.
If markets go crazy your money and risk management applies and you close positions according to your rules.
You can the withdraw at any time.
Yes, if we are in a transparent Forex broker! Market maker brokers are unfriendly on withdraw issue!
Mitglied seit Dec 11, 2015
1462 Posts
Apr 04, 2018 at 06:10
AniLorak posted:togr posted:SloveniaRules posted:
yeah but if the markets go crazy and you need an emergency withdrawal then you may have to do it at night
Do not confuse withdrawal with trading.
If markets go crazy your money and risk management applies and you close positions according to your rules.
You can the withdraw at any time.
Yes, if we are in a transparent Forex broker! Market maker brokers are unfriendly on withdraw issue!
That is why it's so important to research your broker extensively. Don't just sign up because they're promising you good conditions.
Mitglied seit Feb 22, 2011
4573 Posts
Apr 04, 2018 at 08:23
That is quite different topic.
It should read ... Which broker to choose to get your money back
And this would be a long story
It should read ... Which broker to choose to get your money back
And this would be a long story
Mitglied seit Apr 04, 2018
9 Posts
Apr 04, 2018 at 10:57
Most brokers are generally OK. Just make sure they are regulated in a proper country (not some island in the middle of nowhere)
Feb 08, 2020 at 16:11
I am trying to do that from time to time and I can say to you that I am pretty successfull in doing that things totally and completely anyway for many reasons which are presented here. Who else do this? For sure it's Skrill/Netteller anyway.
Mitglied seit Feb 22, 2011
4573 Posts
Feb 10, 2020 at 09:09
24/7 withdrawal is not necessarry. It is OK to withdraw money once per month.
Of course in case you are moron who risk it all it is wise to withdraw 3 times a day or even not deposit at all :)
Of course in case you are moron who risk it all it is wise to withdraw 3 times a day or even not deposit at all :)
Mitglied seit Feb 10, 2020
11 Posts
Feb 10, 2020 at 12:57
I think it is safest to move money out of broker as soon as I have made a few thousand profit. I am too concerned that broker will screw me over and not allow withdrawal
Mitglied seit Aug 05, 2019
49 Posts
Apr 14, 2020 at 12:36
momo3HC posted:
I can withdraw 24/7. what`s the problem with this?🙄
I use turnkey forex. I can withdraw with them 24/5 though, withdrawals have been on time always till date. Which broker do you use?
Mitglied seit Aug 05, 2019
49 Posts
Apr 14, 2020 at 12:37
momo3HC posted:
I can withdraw 24/7. what`s the problem with this?🙄
I use turnkey forex. I can withdraw with them 24/5 though, withdrawals have been on time always till date. Which broker do you use?
Apr 15, 2020 at 11:11
togr posted:
24/7 withdrawal is not necessarry. It is OK to withdraw money once per month.
Of course in case you are moron who risk it all it is wise to withdraw 3 times a day or even not deposit at all :)
There isn't a set rule for withdrawals, i withdraw when i need money, this can be on a daily basis or monthly, i have stayed for three months without a single withdrawal
Proverbs 22 vs 29
Mitglied seit Mar 02, 2020
13 Posts
Apr 17, 2020 at 13:02
as far as I know 24/5 is the most popular option. 24/7... sounds too good to be true.
Mitglied seit Mar 03, 2020
9 Posts
Jun 19, 2020 at 04:54
yeah every regulated broker should have 24/7 or 24/5 money withdraw option
