A Challenge to "Enlightened Joe

This is a discussion on A Challenge to "Enlightened Joe within the Trading Journals forums, part of the Reception category; Originally Posted by darktone Joes got £5.52 per point short in dax @ 21175, currently drawing down -2.4k on that ...

View Poll Results: Who do you will think will win the USD/CAD Challenge
Dinos 17 80.95%
EnlightenedJoe 4 19.05%
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Old Sep 21, 2017, 4:29pm   #33
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Originally Posted by darktone View Post
Joes got £5.52 per point short in dax @ 21175, currently drawing down -2.4k on that atm so precious little margin to play with.
How's his wheat trade going?
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Old Sep 21, 2017, 4:30pm   #34
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Excuse, so you will allow this trade to go -200 offside as well
Yes, it can go to -2000.
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Old Sep 21, 2017, 4:32pm   #35
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Whoops, and yet another one the our dear friend is off side on,
That's not part of the challenge. Are you suddenly going no limits too ?
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Old Sep 21, 2017, 4:32pm   #36
 
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Originally Posted by brewski1984 View Post
How's his wheat trade going?
He's probably keeping that quiet as well, 4 trades I now about now and all 4 offside, yet I/we are expected to believe he grosses a 40% annual return, amazing.
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Old Sep 21, 2017, 4:34pm   #37
 
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Yes, it can go to -2000.
Really - 2000, your are a bigger fool than you are already making out, and at what £pp , and are you prepared to screen shot that to put us all in our place, I guess not.
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Old Sep 21, 2017, 4:37pm   #38
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So are you accepting the challenge or not, or perhaps use "no limits" to go back in 3 months and then say "see I told you so"?
Well, I am trading USD/CAD. If this intercepts your challenge, then yes I am playing.

Told you so is an option. But you should not prejudge the situation. You can be sure I will not lose money.
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Old Sep 21, 2017, 4:37pm   #39
 
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That's not part of the challenge. Are you suddenly going no limits too ?
I never go no limits, I have an insurance policy called a "stop loss", its protect my working capital, and enables me to close a trade when its doesn't do as I expect and protect my working capital to continue trading and bagging the pips rather watch a position or in your case positions go well offside. That's the difference between, I know when to cut my losses and move on top the next trade whilst you sit hopelessly with your fingers crossed
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Old Sep 21, 2017, 4:39pm   #40
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Really - 2000, your are a bigger fool than you are already making out, and at what £pp , and are you prepared to screen shot that to put us all in our place, I guess not.
-2000 or greater at £1/point. This is what no limits mean.
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