Taking profits on NVIDIA at a 1.7% gain can be a cautious, short-term trading strategy, especially in a volatile stock. Here’s how to approach it effectively:

Advantages of Taking 1.7% (Profits within 10 minutes of trading):

1. Risk Management: Locking in small gains reduces the risk of a sudden price reversal in a highly volatile stock like NVIDIA.

2. Consistency: Frequent small gains can add up over time, compounding into substantial returns.

3. Liquidity: Taking profits quickly keeps your capital free for new opportunities, allowing more flexibility in dynamic markets.

Considerations for a 1.7% Profit Strategy:

1. Transaction Costs: Ensure fees (commissions, taxes, etc.) don’t erode your profits.

2. Market Volatility: NVIDIA’s price can fluctuate significantly; consider setting stop-loss orders to minimize downside risks.

3. Momentum: Exiting too early may limit potential gains, especially during bullish trends.

4. Position Sizing: Use smaller trades to manage