Topic: Are you depositing or withdrawing money?

If you earn an average of 20% per year with a trading account of $10,000, then in 20 years your account will already be $383,376. But what if you withdraw 50% of your profit each year? This means that you will be earning an average of 10% per year, and after 20 years your trading account will be worth $67,275.

Yes, saving and investing money can lead to maximum potential gains in the long term, but the feasibility of it depends on how you manage your money.

Yes, if you are a full-time trader, withdrawing funds from your trading account is necessary to cover your living expenses. On the other hand, if you have a separate source of income and trade only as a hobby, you don't need to regularly withdraw funds, allowing your investment to grow over time.

It is important to have a clear understanding of your personal financial goals, risk tolerance, and trading strategy before making a decision on how to manage your deposit. It's also wise to have a solid plan in place and to stick to it, rather than making impulsive decisions based on short-term market fluctuations.

Dear traders, please share your secrets for managing your deposits. Are you withdrawing your profits or accumulating them on your deposit?