How often you withdraw profits from your account?

I hate to threadcrap on those discussing who has and doesn't have the longest penis.....

I withdraw profits as often as everyday if applicable. Can't lose it if I don't have it on the line. And margin provides plenty of capital for what size positions I'm willing to put at risk.

I also like the tighter 'can't afford to lose money' environment as well, not to mention that IB only charges $1 for ach transfers.

 

were you born dumb?

(like f-f ?)

 

50k at 10:1 leverage is 500k. So doubling 50k is really only a 10% return per month on trading capital. You think nobody can make 100-150% in a year? Try and see past your own limitations.

 

You should also reverse the question: how often do you have to refund your account?

 

Take a look at the posts, 100% + yearly returns are common here on EliteTrader you don't have to refund accounts. I think a better question would be:

"How do you spend your millions that you made from $50,000 in five years?".
or:
"What do you plan to do with 50 million bucks after tens years of trading starting with only $50,000?"

Just think in 15 years you got over 1 Billion from that $50,000. Holy shit.

 

if ur a good trading, 50,000 - 1,000,000 in 5 years is more than reasonable, 5,000,000 to 100,000,000 is near impossible

 

you need a comprehension test.

Go read the OP's question, and my post, again.

 

I used to trade with 25k account and withdraw profits every week.


Now I trade with 50k and still withdraw profits every week.


I'm actually thinking about going back down to 25k account size since I don't need 200k buying power that I get with 50k account.


It's amazing how some folks don't realize that for some of us, this is work. I'm not trying to grow my account at this point. I'm simply using my 25k initial "start-up cost" to generate income every single week, month, etc.


For my investment accounts, I do not withdraw anything, but for my trading account, I withdraw every week.


For those of you that think you MUST have a large account (or buying power) to make $200k or more per year, perhaps you should open your mind....

 

Got a Roth IRA.

I have to wait, and then withdraw it tax-free.