Can I jump on your thread Kav because its a bit related. If not, move it however you want.
We read a lot regarding, shoot for a 8-10% profit, then leave. I was gonna do an experiment, perhaps from curiosity? Start with a 1K BR and only shoot for a 5% net profit. It could happen in a couple spins (lol), go home.
Add that into my BR and (next visit) always stick to 5% no matter what!!! Work the math out prior to walking in so I know if I hit it, done for the day.
I believe the inevitable will happen at some point (lol) but 5% (what about 3%?) seems very conservative.