Sep 09 2010 at 22:49
What is the best Period to withdraw money from my trading account, weekly or monthly?
Patient The Best Stractegy
Sep 10 2010 at 03:37
If your performance is consistent you want to leave it in as long as possible to get the benefit of compounding.
If you're new or your equity is all over the place you want to with draw as often as possible to minimize risk. Try get the start-up capital out as quickly as possible, then the portfolio becomes risk free.
If you're new or your equity is all over the place you want to with draw as often as possible to minimize risk. Try get the start-up capital out as quickly as possible, then the portfolio becomes risk free.
Oct 05 2010 at 13:00
@Elkart:That's what i'm thinking too. I also new trader that only have minimal balance so as soon I get my profit, I withdraw it so I can get my initial deposit back to minimizing 'greedy' and 'emotion' away when trend go crazy 😄
But i would keep some profit so i can get enough margin when I need some resistance when I hold some floating position.
I prefer weekly withdraw than monthly because i can easily control my balance.
But i would keep some profit so i can get enough margin when I need some resistance when I hold some floating position.
I prefer weekly withdraw than monthly because i can easily control my balance.
High Pips, High Pain
withdrawing your initial deposit after doubling the account is a great idea,
however i wouldnt say you minimize your greed with that. you will pay more attention if its your own money, than 'just some trading profits'.
however i wouldnt say you minimize your greed with that. you will pay more attention if its your own money, than 'just some trading profits'.
trading is passion
Oct 05 2010 at 15:02
i agree with to_ul. Consistent small profit for long term is more important than one big profit trade. Consistency that proves that our strategy was sustainable on every market movement.
High Pips, High Pain
my advice is to withdraw your winners every time you win because you can have money one day and loose it all the next day
Jan 12 2015 at 09:39
This is also psychological. You may think it is better to hold on your funds until you have made some considerable gains, but some people lose it all back to the markets, therefore, for some it is better to withdraw everytime you win like Africa134 said, but for others it is better to withdraw monthly, or quarterly.
Jan 12 2015 at 10:01
Moneymanagement posted:@Moneymanagement
What is the best Period to withdraw money from my trading account, weekly or monthly?
I would say withdraw 50% of the profit each month. Keep the rest on account to grow.
Jan 12 2015 at 10:07
I would extend a little @togr theory. Firstly, take out every profit till profit=deposit . Then, just like Togr said, 50% profit of every trade.
PAMM MANAGER // Professional Fund Manager
Jan 15 2015 at 16:35
Depends on you and your strategy. As for me - I can leave my deposit by monthes
There can't be enough money
Moneymanagement posted:
What is the best Period to withdraw money from my trading account, weekly or monthly?
Best period to withdraw, is whenever the f*** You want !
Its your business and your rules., but you need to stay responsible and spend money that could be used for growth on something stupid.
Best regards
M
Get investors and get paid 15 percent of theyr profits. More on my website.
Not to be absolutely condescending, but if you have to ask that question, you should have already withdrawn your money.
The market will go up, failing which, it will go down.
Jan 16 2015 at 13:08
Now is the best time, or possibly last Wednesday 😈
Best regards Steve
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
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