Section Items
Short Term Holding
Slightly Off Topic

Share Dealing - Big Daily Profits

Very occassionally you will buy a share on a Monday morning with a 15% growth target and you have had 10% of growth by the end of the day.

As you've only had the share for a day and you're nearly at target price, why sould you sell now?

Unless there is a really unusual and well known reason then the growth is unlikely to stick, sometimes there will be another spurt the next day but it is just as likely to disappear.

If there is an obvious reason then setting a new sell price is reasonable.

It Is Very Easy to Get Greedy

When you bought the share you had a target sell price, why has that target price become wrong because it has been achieved sooner than you expected?

If you take your target profit on the first day then that leaves you an extra 15-50 trading days to achieve the next profit, increasing the likelihood that you will achieve it.

Sure by holding on there may be further increases.

Or it may be that other people will start selling and by the end of the week the price has gone up and down and you are no better off than at the start of the week.