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When to take money out?


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When to take money out?

  #1 (permalink)
 madankumars 
NEW YORK
Elite Member
 
Experience: Advanced
Platform: NINJATRADER
Trading: NQ only
Posts: 7 since Apr 2015
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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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 Palais Brongniart 
Paris France + Dresden Germany
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Experience: Advanced
Platform: Proprietary
Posts: 181 since Mar 2018
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You said, you're not dependent on trading.
If you're successfully trading, don't withdraw the first years.
See your compound growth with steady max%capital at risk per trade. Important for performance measure.

I don't explain my charts. If you like to follow my trades, look for these lines.
Visit my NexusFi Trade Journal Reply With Quote




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