Tenx Buy ladder strategy for the long hodl
Tenx had an extended wave 5. According to pretcher the retracement may go into the realm of wave 1
The rules are as follows the ladders are set and left. If targets are hit stop losses can be set to protect the profits of those ladders if analysis says more downwards movements is to come
If the green line is hit any pump which makes all buy orders profitable must be sold, an ideal target is the 1.50 mark. so if we go to .67 dollars then go to 1.5 and only the first six rungs are hit we must sell the maths say we will still get a 51% overall profit.
if the thick red is hit all ladders must be sold. For a maximum 32% loss.
thus if 10% of the portfolio is to go towards this trade it makes the potential risk %3.2 percent of the total portfolio.
The big targets range from 10-30$
be prepared to win alot however also be prepared to lose alot as well
The rules are as follows the ladders are set and left. If targets are hit stop losses can be set to protect the profits of those ladders if analysis says more downwards movements is to come
If the green line is hit any pump which makes all buy orders profitable must be sold, an ideal target is the 1.50 mark. so if we go to .67 dollars then go to 1.5 and only the first six rungs are hit we must sell the maths say we will still get a 51% overall profit.
if the thick red is hit all ladders must be sold. For a maximum 32% loss.
thus if 10% of the portfolio is to go towards this trade it makes the potential risk %3.2 percent of the total portfolio.
The big targets range from 10-30$
be prepared to win alot however also be prepared to lose alot as well
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