I've heard recommendations that you should withdraw your profits from your brokerage account periodically rather than keep reinvesting them to produce a steady stream of income. As a noob, what the best time to withdraw? When you've broken even? Say you start with $10000 in Sept 2008 and lost a bunch over the next few months but then managed to break even to $11000 now. Then you take the $1000 out and wire it to your savings. Or when you've had a positive return for that particular month? Say you're at $10000 in Sept 2008, $8000 in Oct 2008, then $9000 in Nov 2008. In Nov 2008, you withdraw the $1000 monthly profit. Which scheme is more preferable for a newcomer?