Here is how I've setup my rungs in the laddered entry target. I've used support/resistance levels to designate pre-determined buy prices. The short green horizontal lines will make up 50% of the total number of shares. The longer purple lines will have 20% of shares and the remaining white lines will host the 30% of shares targeted to buy.
This method is awesome! It removes the buyer's remorse! How often have you bought all your coins in a single transaction, only to see the price fall below your buy level? It hurts and makes emotions get the better of you. I use this laddered method to aid me in discipline and focus.
I am entering for a trade with a target of $350, $380 and $451. These will make up my sell and profit taking points. I will NOT convert this trade into an investment.
Please let me know if you have any questions.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.