I have problem to decide how much profit to take for a day trader and seriously need experience. I usually take 1%~3%. like for BLY I usually earn half cent to a cent. I just bought MOF and I think it can goes to 24.5c~25c but I put my sell order @ 23c, just half cent more. I am so afraid of the long queue and concern my order may not be filled before it goes down again.
