[Ingot54]

Over that weekend, Joe and Bill had a really constructive look over what Bill had been doing.

Joe had a really analytical mind and was gifted with an insight that could cut to the chase very quickly. He had not commented much as Bill explained why and how he had put on his trades,. To his credit, Bill had kept good records, and had even gone to the extent of printing out his charts and writing on them where and why he had made each entry and exit.

Even though Joe didn’t know a Renminbi from a Razoo about currency, the solution was becoming clear to him.

What would happen, Bill, if you reduced your leverage from 200:1 to just 5:1?” asked Joe.

“Well, I’d never make any money” answered Bill.

“And are you making it now?” queried Joe. They both knew the answer to that cynical question.

“So what if you also extended your time frame from 30 minute to weekly?”

“Same thing” said Bill, “It would take forever to get into the money.”

“And are you …”

“OK … OK … NO! I’m NOT making any now! OK!!”

“It was not designed to press your buttons Bill. I think I can see a way to help you turn this thing around. Not only that – I think you will soon have so much time on your hands … and money too if I’m not wrong … that your life will be taking a new direction shortly.”

What could Joe possibly have seen that Bill, with all his knowledge and Technical Indicators and charts had missed?