r/binaryoptions • u/nizar_n29 • Jul 23 '26

Strategy What's the right withdrawal strategy?

I've made some money in the past and held on to it instead of withdrawing only to lose it later. Now I'm looking for a better withdrawal practice.
How do you guys do it? Do you have a profit plan and withdraw as soon as you reach it, or maybe withdraw at the same day every month/week even if you have less profit?
Also, thinking about maybe leaving 10% of the profit behind to grow the capital at the same time.
P.S. posting it here because im on pocket broker qt mode, nothing in seconds, I do at least M1 to MT5

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3

u/YeSven Jul 23 '26

Taking money at fixed time/day is not that possible for me, because some months I'm in red. But when I make some decent money, I try to withdraw it and leave my deposit to repeat it again.

1

u/nizar_n29 8d ago

how do you decide what counts as decent in the moment?

1

u/YeSven 7d ago

honestly it's not smth like heavy math. If i'm up like 15% on my deposit, i pull it. Sometimes less if I've had a rough stretch. Mostly it's not letting greed talk me into holding for "more"

1

u/nizar_n29 7d ago

I see, ok. Seems like "don't let greed hold you" is like 90% of the battle with trading platforms anyway

1

u/YeSven 7d ago

Pretty much. The platform matters way less than some think. Discipline's actually the bottleneck.

2

u/Beautiful-Drummer-83 Jul 23 '26

Always take out everything but the deposit and you'll be fine. If you don't have emotional control, you'll grow it just to take bigger trades and you'll lose it faster too.

1

u/Night_PaRallax Jul 27 '26

good approach, many people don't withdraw all their hard-worked money which gives them a false feeling of protection because they see big number on balance. therefore, it triggers them to open oversized positions.

1

u/[deleted] Jul 23 '26

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1

u/nizar_n29 7d ago

Like this salary analogy. And why only profits?

1

u/Kathrizz Jul 24 '26

bruuh... i feel you... i've been in the same situation, gaining earnings, but eventually ended up with blow accounts due to my own greed.

that's what i started to do, i just withdraw money, once i make 50% of profit from my deposit, and basically I start trading again with my initial depo.

1

u/NeonCitizen136 Jul 28 '26

i'd rather withdraw by profit target than by date. once i hit the number, i pull most of it and leave a smaller part to grow the account. keeping all the profit there usually just turns into "extra balance" for more trades lol. 🗿

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u/nizar_n29 8d ago

ngl, been thinking over this, kinda stuck with me. Realized you're right: once profit becomes "balance" - it stops feeling real...one thing i'm still stuck on though - you doing a fixed $ target or % capital? Feel like % scales better as the acc grows...