Making a case for gold has always had a cult like following, lending credence for those that tout the historic reasons for owning the cherished metal but as the digital age begins reaching further into everyone’s lives, even gold bugs are infected with the addiction to their screens and constant supply of information. So is it any wonder that when digital currencies appeared on the scene offering the same supply limitations, restricted to mining as well, that the appeal may be tempting those more progressive gold bugs?
|
Price |
Shares |
Cost |
Returns |
R/R |
Green Channel |
|
Buy |
$112.66 |
|
$2,478.52 |
|
|
Reward |
$124.02 |
$2,728.44 |
$249.92 |
|
Risk |
$106.05 |
$2,333.10 |
($145.42) |
|
Cancel |
$120.56 |
|
|
|
|
Blue Channel |
|
Buy |
$106.05 |
|
$2,439.15 |
|
|
Reward |
$117.48 |
$2,702.04 |
$262.89 |
|
Risk |
$97.26 |
$2,236.98 |
($202.17) |
|
Even |
$109.28 |
|
|
|
|
1st Trade exit @ reward target |
$106.04 |
|
Total Reward from all applicable channels |
$368.93 |
|
Total Risk from all applicable channels |
($540.97) |
|
|
Red Channel |
|
Buy |
$97.26 |
|
$4,960.26 |
|
|
Reward |
$116.03 |
$5,917.53 |
$957.27 |
|
Risk |
$91.18 |
$4,650.18 |
($310.08) |
|
Even |
$102.90 |
|
|
|
|
1st Trade exit @ reward target |
$74.14 |
|
2nd Trade exit @ reward target |
$229.54 |
|
Total Reward from all applicable channels |
$1,260.95 |
|
Total Risk from all applicable channels |
($1,124.65) |
|