Where to put your trading profit ?

[Pica550]

Don't spend or put your trading money anywhere else, but back into the market. Grow and compound that account into planet Saturn. Refine and understand your trade process, so you are not scared and defensive of being in the market.

I'm loosely guesstimating 99.2% of ET can't relate to this question since they don't generate trade profits, relatively consistently.

Thanks MacBookProHo, I find it difficult to switch from a day trader mindset back to investor. While there are similarities but the executions are quite different. It took me awhile to become consistent I’m worry it will messed up my head and affect my daily performance, maybe I will work on my scaling.

 

[Overnight]

...
I'm loosely guesstimating 99.2% of ET can't relate to this question since they don't generate trade profits, relatively consistently.

Neither do you. So you add to it, and make it 99.3%. Prove us all wrong.

 

[mervyn]

Oversea properties in fast growing cities. Vietnam seems a top pick these two years. Just buy the full service apartment and rent it out.

 

[syswizard]

Thank you everyone for your input, appreciate it. I used to put profit into spy but we all know how that went this year, lol

Don't forget: you are going to get killed in taxes.

 

[josy5]

Calculating the risk/reward ratio on a trade can be calculated before it even happens by determining where to get out which helps us to kinda calculate our returns or potential loss but if I get good returns I usually put them on trading again and a small amount I keep for savings to keep my trading journey sustainable.