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Does anyone knows which level of profit target in % term so that the trade
will exit in few days time? I had tried setting profit target in line with
historical volatility, rate of change and average true range. I had also
change the period involved. However because these variables changes over
time, trade which profit target based on them exit in few days to weeks.
Anyone has comment on how to calculate the profit target % so that the trade
exit in relatively few days for a test period of 10 years?
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