Funnel Trader Account 1 Discussion

todompoll posted:
Yes, but within reason. Starting from the 100K settings I have a spreadsheet to adjust the lot size depending on the account size, and a multiplier value. Minus the Max Lot value, the lot size growth is the same for each progression. The 3K to 30K (when at 25K balance), 50K, and 100K, the lot risk vs balance is the same. So the config for the 3K to 30K has a start lot of 0.01. When the balance is 25K, you have the same risk as the 50K config, again, minus the max lot.

With a balance of $12.5K we are essentially running at twice the risk as a $25K balance, since is the same config. In looking at Lance's published account, since the beginning of the year his account was approx 10K, and at about $11.5K, where it has had only 6.32% DD (I think really closer to 10% from what I remember seeing). Similarly when the account was at ~6K, it was ~4x the risk of a $25K account, and 2x the risk of a ~$12k account. If we look at the max DD of the published account, it certainly came when the account was at its lowest levels... $5-7K.... and had a max DD of 34.46%. So historically, at the 2x risk, we would be looking at ~15% DD.

At this time, with Lance's $11.5K account, it is running in ~2x risk as compared to the base 25K account, that continues the same for a $50K and $100K account... again, minus the max lot value.

In looking historically at the published account, with a very low DD at the ~2x risk level (I saw it reach 10-12% DD since the new year) with the current balance of $11.5K balance as compared to $25K base risk level, I decided on a risk level of 1.5x with acceptable DD and available leverage, with hope of about 3% monthly growth for my larger long term account, and 2x risk for my lower balance short term account, hoping for ~4% per month.

At 1.5x risk in relation to the $100K settings, for an actual $50K account, it will have lot sizes equal to $75K, giving a start lot of 0.03. On my short term account, which is at $70K, I am using 2x risk multiplier, equivalent risk of a $140K account, giving me a start lot of 0.05 (between $62.5K and $75K), with a balance increment value of $12.5K. So when my account reaches $75K I will change the settings to follow the pattern with a start lot of 0.06.

Have attached the lots_tracker.xlsx for those interested. On the far right is the 100K baseline... leave that alone. There are two values in red.... your account balance, and the risk multiplier. These should be the only two values requiring changes depending on your account balance and risk. In light blue are the values you will enter in your config. In green is the account balance vs lot step... Step 1 means start lot of 0.01, Step 2 means start lot of 0.02, etc etc. There is the Equiv Risk balance value, and Per 0.01 Start Lot value on the top right. In doing the math do not go above 2x risk for account of leverage 1:50, or you could exhaust your margin in times of max DD/max lot. As your account grows you can adjust your settings to allow compounding to take place, with the same risk level.

Feel free to personal message me with any specific questions. It goes without saying... these are just my personal settings I have chosen. Please use your own careful judgement.