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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

togr (togr)
Oct 10 2018 at 08:10
4862 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?

  


System is shown here
https://www.myfxbook.com/members/ryang123/funnel-trader-ic/1858515
DD is almost 90% though so nobody with a brain should follow it

fhhamoud
Oct 10 2018 at 10:02
105 posts
togr posted:
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?

  


System is shown here
https://www.myfxbook.com/members/ryang123/funnel-trader-ic/1858515
DD is almost 90% though so nobody with a brain should follow it



Thank you :)
But you should understand what behind this DD i guess

@ryang123 already explained what happened with his account
anyway
Thank you:)

todompoll
Oct 10 2018 at 11:48
53 posts
vontogr, Very uninformed and I think a bit disingenuous, as this has been explained before, specifically to you. That account was using a strategy that brings higher return, with lot configuration far beyond the vendor documentation, since DD is generally manageable, but requires monitoring to add funds to the account temporarily if DD goes beyond the average activity. People are genuinely sharing their experience, and what they personally use for this EA. You clearly have not and have no interest. The Vendor published account is entirely accurate.

togr (togr)
Oct 10 2018 at 13:40
4862 posts
todompoll posted:
vontogr, Very uninformed and I think a bit disingenuous, as this has been explained before, specifically to you. That account was using a strategy that brings higher return, with lot configuration far beyond the vendor documentation, since DD is generally manageable, but requires monitoring to add funds to the account temporarily if DD goes beyond the average activity. People are genuinely sharing their experience, and what they personally use for this EA. You clearly have not and have no interest. The Vendor published account is entirely accurate.


My point is still valid.
If the risk was almost 90% of the account then profit should correspond to it.
So if we divide the risk to let's say 25% DD and decrease the profit the same way it is not worth it.

todompoll
Oct 10 2018 at 15:01
53 posts
Still being disingenuous.... it is not a valid comparison and you should stop stating falsehoods. General Max Floating Point DD is < 10%, with ~50% growth in a year.... 20% FP DD with the mentioned x2 risk only happened once almost 2 years ago.

What you write makes no sense.... worth to you is different from worth to another. How many systems die, making people lose all their money in Forex... MOST! If Vendor instructions are followed, you would get same result as published account, as my trades mirror that closely.

50% growth last year for me, with max FP DD at any time of < 10% (usually < 5%), with continued stability and safe account growth is worth it to me, while other systems that make 300% in 6 months, and then crash to zero...not worth it. I am very happy with 50% growth a year, and a safe and stable system, where I feel my account is not at risk. Am sure most others would agree.

You are conflating a failed system, vs a result on that other account that is by design/expectations. The account you are referencing was used outside of normal configurations as desired by the trader.

Any system can make 100% a week if the risk is set high, while risking the account balance.

There are clear configuration guidelines, and understood expectations of returns by viewing the published account, with demonstrated stability, when following the configuration guidelines in a 'Set it/Forget it'configuration.

You are trolling this discussion vintogr, without knowing facts, and you should stop.

togr (togr)
Oct 11 2018 at 06:48
4862 posts
todompoll posted:
Still being disingenuous.... it is not a valid comparison and you should stop stating falsehoods. General Max Floating Point DD is < 10%, with ~50% growth in a year.... 20% FP DD with the mentioned x2 risk only happened once almost 2 years ago.

What you write makes no sense.... worth to you is different from worth to another. How many systems die, making people lose all their money in Forex... MOST! If Vendor instructions are followed, you would get same result as published account, as my trades mirror that closely.

50% growth last year for me, with max FP DD at any time of < 10% (usually < 5%), with continued stability and safe account growth is worth it to me, while other systems that make 300% in 6 months, and then crash to zero...not worth it. I am very happy with 50% growth a year, and a safe and stable system, where I feel my account is not at risk. Am sure most others would agree.

You are conflating a failed system, vs a result on that other account that is by design/expectations. The account you are referencing was used outside of normal configurations as desired by the trader.

Any system can make 100% a week if the risk is set high, while risking the account balance.

There are clear configuration guidelines, and understood expectations of returns by viewing the published account, with demonstrated stability, when following the configuration guidelines in a 'Set it/Forget it'configuration.

You are trolling this discussion vintogr, without knowing facts, and you should stop.


Whatever

fhhamoud
Oct 11 2018 at 11:00
105 posts
todompoll posted:
Still being disingenuous.... it is not a valid comparison and you should stop stating falsehoods. General Max Floating Point DD is < 10%, with ~50% growth in a year.... 20% FP DD with the mentioned x2 risk only happened once almost 2 years ago.

What you write makes no sense.... worth to you is different from worth to another. How many systems die, making people lose all their money in Forex... MOST! If Vendor instructions are followed, you would get same result as published account, as my trades mirror that closely.

50% growth last year for me, with max FP DD at any time of < 10% (usually < 5%), with continued stability and safe account growth is worth it to me, while other systems that make 300% in 6 months, and then crash to zero...not worth it. I am very happy with 50% growth a year, and a safe and stable system, where I feel my account is not at risk. Am sure most others would agree.

You are conflating a failed system, vs a result on that other account that is by design/expectations. The account you are referencing was used outside of normal configurations as desired by the trader.

Any system can make 100% a week if the risk is set high, while risking the account balance.

There are clear configuration guidelines, and understood expectations of returns by viewing the published account, with demonstrated stability, when following the configuration guidelines in a 'Set it/Forget it'configuration.

You are trolling this discussion vintogr, without knowing facts, and you should stop.


100% AGREE! 😎

incometrader (incometrader)
Nov 08 2018 at 00:18
157 posts
What are your thoughts on this current draw down phase? I'm trading with 5.6K on default settings and am at 32% draw down, 2.1 lots open. I've been using Funnel since June and this is the biggest DD I've seen so far... Should I be worried? I'm thinking I'll transfer another 1 or maybe 2K over.

ryang123 (ryang123)
Nov 08 2018 at 02:37
85 posts
incometrader posted:
What are your thoughts on this current draw down phase? I'm trading with 5.6K on default settings and am at 32% draw down, 2.1 lots open. I've been using Funnel since June and this is the biggest DD I've seen so far... Should I be worried? I'm thinking I'll transfer another 1 or maybe 2K over.
yes I would add more $ to be safe. Just keep in mind anything you add is also at risk but gives you a better chance of coming out of the trade. We are simply on the wrong side of the market. Watch equities markets for large moves up. If we have another strong run up in equities, I suspect the drawdown could worsen. However, when we get a risk off move, it should take us into profit.

Choose a good reputation over great riches (PROVERBS 22:1)
incometrader (incometrader)
Nov 08 2018 at 03:54
157 posts
Thanks for your input Ryan. Have put another 1K in for now. Max lots is 3 so still have another level to go if it continues to trade against. According to the manual default settings are for a 3K account - I think the manual should be updated to say defult settings are for a 5k account absolute minimum...

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