When to take money out? | Psychology and Money Management


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When to take money out?

  #1 (permalink)

NEW YORK
 
Trading Experience: Advanced
Platform: NINJATRADER
Favorite Futures: NQ only
 
Posts: 7 since Apr 2015
Thanks: 1 given, 2 received

When to take money out?

What are some good strategies to withdraw money from the trading account?

I always back away from withdrawing good profits only to lose them soon after. Very frustrating...

I am not dependant on trading income but would like to understand some good withdrawal strategies so I don't give them back to the market

Thanks in advance

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