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Withdrawing Your Binary Option Account Funds
Hi everyone, it's Carl here again, hopefully, at least some of my recent videos have helped you in your quest to become a better binary options trader. In today's video I want to talk about a very happy occasion for every trader – yes, today we're talking about the joyful occasion of withdrawing your funds. There are two parts to this discussion – the when and the how. First of all – When is the best time to withdraw funds? That is a question with a complex answer, because obviously, we all have different goals as traders, but to me, in general, I tend to withdraw an amount once I have at least doubled my initial deposit and still have an amount to leave in my account for normal activity. I do this for two reasons – first of all – an amount that's less than double your deposit will likely mean you haven't turned real profit yet, so what you're really doing is moving small amounts in and out of your account – which takes time and often costs you some commission money. Secondly, there's a sense of real achievement that goes with being able to tell, even yourself – "I've just doubled my money"… Leaving your money any longer than doubling it may lead you down a path of tempting trades that will end up costing you, so know when to cash out. As for how, well, that's really the simple part – I tend to return the funds via wire transfer or directly to my card, other methods strike me as slightly less than reliable, and I would hate for something to delay my hard earned cash any more than is needed. Thanks for listening again, make sure you click below to subscribe to my channel for even more videos!













