InvestorsHub Logo
Followers 240
Posts 6885
Boards Moderated 0
Alias Born 01/21/2017

Re: Mr Smith 34 post# 78905

Wednesday, 03/27/2024 9:26:30 AM

Wednesday, March 27, 2024 9:26:30 AM

Post# of 87424
Day traders take a little profit over and over. They take their 10% whenever they can. They typically have shares in several companies, and set their sells to happen when the share price hits the 10 (or other) percent point. There isn't a reason for it, they are simply doing what day traders do.