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Funnel Trader Account 1 (By funneltrader )

Gain : +397.24%
Drawdown 39.40%
Pips: 26257.8
Trades 16972
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Funnel Trader Account 1 Discussion

schyzoy
Sep 16 2018 at 06:36
8 posts
Hello everybody, I am new to 'MFB autorade / Copy trade', so I need one information please. Do I need some computer running 24/7 or rent VPS, when I want to just simply copy trade for example this system?
Thank you

funneltrader
Sep 16 2018 at 23:03
51 posts
If you want to use this system please go here www.funneltrader.com to learn more.

fhhamoud
Oct 07 2018 at 06:12
105 posts
Hello everybody,
i am following funnel trader live account with the investor password, and have read the discussion here.

who is using this system more than year and still using it?
its looks amazing despite its martingale, I have martingale phobia 😲
but the vendor saying its very safe with 5K or better 10K deposit with the min risk settings.
and there will be no need for deposit more or manual control for any reason.

@ryang123
i am followoing your accoount
why you stopped using it?
what happend in Sep 2017?

https://www.myfxbook.com/members/ryang123/funnel-trader-ic/1858515

@todompoll
why do you delete your system?

please advise i am thinking to start using it with 5K or 10K. with full confidence, and i am not interested in manual decisions/control

@rob559 how are you? what do you think about it?

  

FXUSER07 (FXUSER07)
Oct 07 2018 at 06:15
14 posts
last trades closed manually right ?

NJ4X
Oct 07 2018 at 12:13
3 posts
fhhamoud posted:
Hello everybody,
i am following funnel trader live account with the investor password, and have read the discussion here.

who is using this system more than year and still using it?
its looks amazing despite its martingale, I have martingale phobia 😲
but the vendor saying its very safe with 5K or better 10K deposit with the min risk settings.
and there will be no need for deposit more or manual control for any reason.

@ryang123
i am followoing your accoount
why you stopped using it?
what happend in Sep 2017?

https://www.myfxbook.com/members/ryang123/funnel-trader-ic/1858515

@todompoll
why do you delete your system?

please advise i am thinking to start using it with 5K or 10K. with full confidence, and i am not interested in manual decisions/control

@rob559 how are you? what do you think about it?

  

I closed my system because my broker IC Markets doesn't want me using them anymore without filling out a form that would require me to have over 2 million iny account. September of last year I forgot to deposit funds during a period of drawdown when I went on vacation. I came back and lost $500. No big deal. I deposited the funds and everything was ok after that. I always ran it with a small balance and made deposits as needed.

todompoll
Oct 07 2018 at 23:20
53 posts
fhhamoud, my broker changed servers and no longer has investor passwords, so I cannot publish, and wanted a bit more privacy on the account.

Amjad Depp, No there was no manual action. The system decided to close the open trades, though close to break even was in a small loss, but the overall balance did go down a bit (about 1%) because of the daily swap charge held while the trades were open.

My trades continue to closely match that of the published account. Same ~DD, and 90+% same trade activity.

Here are a couple of screen shots, one profit (which does not take the swap into account, which ends up being withdrawals on my broker), and the other overall balance which can see went down from the swap withdrawal.



The base low risk I follow is this sequence on a 100K account as found in the manual, with some risk mods:

12
0.04
0.04
0.08
0.12
0.2
0.32
0.52
0.36
0.4
0.44
0.48
0.52
0.56
0.6
0.64
0.68
0.72
0.76
0.8
1.2

which translates to:

0.01
0.01
0.02
0.03
0.05
0.08
0.12
0.09
0.10
0.11
0.12
0.12
0.13
0.14
0.15
0.16
0.17
0.18
0.19
0.29

on a 25K account.

I am using x2 risk (which is about the same as the published account for start lot of 0.01) and my sequence account changes based on a 12.5K account on the above sequence, so after each $12.5K growth I will increase the sequence accordingly.

For example, on a $50K account (4 x $12.5 (base balance)) my risk sequence is:

0.04
0.04
0.08
0.12
0.20
0.32
0.52
0.36
0.40
0.44
0.48
0.52
0.56
0.60
0.64
0.68
0.72
0.76
0.80
1.20

equal to that of the prescribed 100K account in the manual.

The published account is still completely accurate, and personal trading matches it. Very stable system thus far. Not get rich quick, but give it time, and it really can make a huge difference.

I recommend starting with $10K (ideal $12.5k), and at min $5K. My broker is 1:50 leverage so I require the $12.5K to handle the margin requirements on the x2 risk.

Also update the Max Lot accordingly as well. x2 risk at $12.5 is 3.0 max lot. $50k account at x2 risk is max lot of 12.0 lots, etc etc. so at x2 risk, increase max lot by 3.0 lots for each $12.5k in your account.

This is of course my personal preference. Historically the x2 risk has a max floating DD of 20% (only hit once), but generally does not go above 10%, and most often < 5%. Always gauge your risk tolerance.... can make plenty more if you want higher DD risk and greater lot sizes, such as 4x risk (lots increases each $6250 instead) leading to a historical max DD of 40%, just need to be sure you have enough leverage/margin and can stomach the DD periods.

Attachments:


ryang123 (ryang123)
Oct 08 2018 at 01:24
85 posts
fhhamoud posted:
Hello everybody,
i am following funnel trader live account with the investor password, and have read the discussion here.

who is using this system more than year and still using it?
its looks amazing despite its martingale, I have martingale phobia 😲
but the vendor saying its very safe with 5K or better 10K deposit with the min risk settings.
and there will be no need for deposit more or manual control for any reason.

@ryang123
i am followoing your accoount
why you stopped using it?
what happend in Sep 2017?

https://www.myfxbook.com/members/ryang123/funnel-trader-ic/1858515

@todompoll
why do you delete your system?

please advise i am thinking to start using it with 5K or 10K. with full confidence, and i am not interested in manual decisions/control

@rob559 how are you? what do you think about it?

  
just realized I was logged in under the wrong account when I replied (NJ4X). I am opening another brokerage account and using funnel asap.

Choose a good reputation over great riches (PROVERBS 22:1)
fhhamoud
Oct 09 2018 at 06:09
105 posts
@todompoll thanks brother for this helpful detailed information, i will go and try it with cent account first to 'feel' the system, even i am following the live vendor account.
you said ' Historically the x2 risk has a max floating DD of 20% (only hit once), but generally does not go above 10%, and most often < 5%. '

but if i am starting with 10K deposit with 2X risk. i think last week or more, the vendor account reach 1500$ draw-down, and its still with the minimum risk as he explained on Skype.
so if i do 2X risk with 10k account it will hit 3000$ thats 30% draw down. am i right?
@ryang123 @NJ4X :)

Thank you brother)

whats the most trusted broker for huge deposits? that have insurance about your money?
any suggestions brothers?

todompoll
Oct 09 2018 at 14:40
53 posts
The historical DD is approx $2500 per 0.01 start lot.

So the case of the x1 risk, on a $25K account, and max DD of $2500 with start lot of 0.01. So x1 risk has max historical DD of 10%.

x2 risk, with $12.5k on 0.01 start lot, is $2500 hist DD, so 20%.

$10k account, with start lot of 0.01 is the same $2500, which will be a historical max DD of 25%. That would be equiv risk x2.5.

The vendor account is ~$15K, so the DD of $1500 was 10%. The vendor is leaving the start lot at 0.01 at ~$15k, which would be current risk of x1.7, as compared to the base $25k to 0.01 lot x1 risk level which it will eventually reach in a year or so.

The vendor recommended FXChoice broker appears reliable with good spreads/execution.

fhhamoud
Oct 10 2018 at 06:11
105 posts
thank you a lot @todompoll

just start my trial on cent account 100$ (10K cent)
maxlot 3
will see :)
Thanks again

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