How often you withdraw profits from your account?

[aeliodon]

Quote from minowara:

Never!

If you remove profits, you remove future gains on those profits!!

Compounding is very powerful and you're probably better off compounding gains in an investment account rather than a trading account. Because the best money/risk management technique is never trading more than 10% of your net worth.

 

[dhpar]

Quote from Tums:

I start with 50k every quarter.
As soon I double, I withdraw half.
At the end of the quarter, I withdraw everything except 50k, and the cycle repeats again.

what does "as soon as i double" mean?
1 week, 2 weeks or maybe never?

nobody makes 400%++/year on consistent basis over several years... you are lucky if you make it few times in your trading life.
that's true definitely for larger accounts (7 figures) but even for $50k it would be a miracle.

 

[dhpar]

Quote from JimmyJam:

reply to forex-forex

What he stated is actually very doable, and rather conservative, actually.

You would know that if you actually knew how to trade.

JJ

cut this shit.

 

[JimmyJam]

Quote from dhpar:

cut this shit.

LOL, once again we have a case of someone who dosen't know how to do something telling others it can't be done.

Good trading (if you keep working at it ... well, maybe),

Jimmy Jam

 

[JimmyJam]

Quote from dhpar:

what does "as soon as i double" mean?
1 week, 2 weeks or maybe never?

nobody makes 400%++/year on consistent basis over several years... you are lucky if you make it few times in your trading life.
that's true definitely for larger accounts (7 figures) but even for $50k it would be a miracle.

case closed

JJ

 

[vansmarket]

statiscally 80% of brokerage accounts don't make money cause 80% are amateurs..

of the 20% who do make a living half are just making living..

a few 10% consistenly make 400% returns on 10X leverage..10 % is a few only 5% make 1000% and you will never find out who cause it's confidential. and they would never tell you.

Quote from dhpar:

what does "as soon as i double" mean?
1 week, 2 weeks or maybe never?

nobody makes 400%++/year on consistent basis over several years... you are lucky if you make it few times in your trading life.
that's true definitely for larger accounts (7 figures) but even for $50k it would be a miracle.

 

[dhpar]

Quote from JimmyJam:

LOL, once again we have a case of someone who dosen't know how to do something telling others it can't be done.

Good trading (if you keep working at it ... well, maybe),

Jimmy Jam

omg - again this interent trolling.

i am happy with my result up to now but i certainly can't make consistently 400%++/year (also i do not trade with tiny $50k). if I did manage to do that I would be richer than bill gates is today. i know quite a few top traders as i spent many years in investment banking world and nobody comes close to this number. but of course some internet smartie knows better and says that 400++/year is conservative. lol - and gl - you will need it.

for how many years in a row you made 400%++?
anyway - this is a waste of time. bye

 

[vansmarket]

and the ones who are making 400% don't stay as traders they become hedge fund managers.

Quote from vansmarket:

statiscally 80% of brokerage accounts don't make money cause 80% are amateurs..

of the 20% who do make a living half are just making living..

a few 10% consistenly make 400% returns on 10X leverage..10 % is a few only 5% make 1000% and you will never find out who cause it's confidential. and they would never tell you.

 

[frank99]

dhbar,

I should have read your most recent posts before I replied. If I would have seen your recent posting history, I would have never wasted my time replying to you.


Frank

Quote from dhpar:

omg - again this interent trolling.

i am happy with my result up to now but i certainly can't make consistently 400%++/year (also i do not trade with tiny $50k). if I did manage to do that I would be richer than bill gates is today. i know quite a few top traders as i spent many years in investment banking world and nobody comes close to this number. but of course some internet smartie knows better and says that 400++/year is conservative. lol - and gl - you will need it.

for how many years in a row you made 400%++?
anyway - this is a waste of time. bye

 

[whitster]

i take profits out every week on the account i use for income (futures intraday)

i don't ever take out profits from my other accounts, although i will periodically readjust exposure to various sectors, stocks, etc.