Yes that is another way you could do it
Another is to withdraw 50% of the total account balance after every two wins in a row.
Using a 50% risk and 100% tp, this would effectively make your loss 25% instead of 50%, if you withdraw before the loss.
Account ------ Bank
$100
$200
$100 -------- $100
$200
$400
$200 --------- $300
$400
$800
$400 -----------$700
$800
$1600
$800 ---------- $1500
$1600
$3200
$1600 -------- $3100
$3200
$6400
$3200 ------- $6300
Slower and more conservative, but gets the job done.
Another is to withdraw 50% of the total account balance after every two wins in a row.
Using a 50% risk and 100% tp, this would effectively make your loss 25% instead of 50%, if you withdraw before the loss.
Account ------ Bank
$100
$200
$100 -------- $100
$200
$400
$200 --------- $300
$400
$800
$400 -----------$700
$800
$1600
$800 ---------- $1500
$1600
$3200
$1600 -------- $3100
$3200
$6400
$3200 ------- $6300
Slower and more conservative, but gets the job done.
Be hopeful in a winning position, and fearful in a losing position.
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