Forex Trading

Day Trading Payouts: How Often Should You Pay Yourself?

Day trading forex can be a rewarding way to make money but it’s important to carefully manage your payouts. How often you pay yourself should depend on how much you’re making and how your account is doing. Generally, it’s wise to take profits from successful trades at least once a month, and to have a withdrawal system so that you can reinvest the money from winners while managing your losses. When day trading forex, it’s also important to set goals for how much you want to make each month so you can plan accordingly and stay organized.