I have asked this before, but how frequently do you guys withdraw your profits, from your trading accounts.
Monthly or when ever I reach my monthly target,
Benefits,
I found it makes you more focus because it feels like a salary I therefore trade more conservatively. If your target is R10k pm you only need R500 per day.
The other problem I have is that the more money I have in my account the bigger I play and eventually you will give back your profits and capital
If you leave your profit in your account you may give it back with a black swan event, bad trading discipline etc