DLR: Technical Analysis: Profit Taking
Knowning the gain distribution will help setup a realistic profit target. A trade is closed either becasue it reaches the profit target, or reaches the end of the holding period. It's generally a good practice to take profits at a few different levels if the tarde is large enough. Closing 25-50% of profitable position when the profit reaches 75% of the profit target.
Closing a trade for DLR at the best time of a day will realize more profit.
DLR price fluctuates 1.05% within a day, 2.04% (including gap-up and down) daily, and 4.87% weekly. 94% of trading days fluctuate 1% or more. 60% of trading days fluctuate 2% or more . 32% of trading days fluctuate 3% or more. 10% of trading days fluctuate 5% or more.
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