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Funnel Trader IC (By ryang123 )

Gain : +463.61%
Drawdown 86.76%
Pips: 9100.7
Trades 8039
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Funnel Trader IC Discussion

chnp
Mar 20 2017 at 08:01
31 posts
Did you manually closed some of the trades? Funnel Trader shouldn't close trades when losses happen.

ryang123 (ryang123)
Mar 26 2017 at 01:22
85 posts
Yes I did but I no longer do. it is not necessary at all

Choose a good reputation over great riches (PROVERBS 22:1)
ryang123 (ryang123)
Aug 26 2017 at 18:50
85 posts
Not sure what is going on with MYFXBOOK calculations but it is wrong. I only had one big loss (about $100) and its because I accidentally opened two trades on the wrong account (AUDJPY). I am trying to keep this account for funnel trader only which only closes in a loss in extreme slippage.

Choose a good reputation over great riches (PROVERBS 22:1)
chnp
Aug 28 2017 at 06:18
31 posts
ICmarkets is not quite good for Funnel. Because its swop rate is too high(of course it's lower than most popular brokers). Best way to trade funnel is use swop-free brokers(is account).

chnp
Aug 28 2017 at 06:18
31 posts
chnp
Aug 28 2017 at 06:19
31 posts
ryang123 posted:
Not sure what is going on with MYFXBOOK calculations but it is wrong. I only had one big loss (about $100) and its because I accidentally opened two trades on the wrong account (AUDJPY). I am trying to keep this account for funnel trader only which only closes in a loss in extreme slippage.


I figured out why. You must deposit a lot when you were in big loss. Myfxbook calculated the loss all to your previous small balance which course a large percent loss. And mfb calculated the later profit gained to the after-depositing balance which making the profit percent relatively small. Then MFB just add the 2 figures up to get your final profit percent.

ryang123 (ryang123)
Aug 29 2017 at 13:39
85 posts
I did deposit a lot when I was in dd. No worries. The bottom line is the profit number, not the gain %

Choose a good reputation over great riches (PROVERBS 22:1)
Galante
Sep 18 2017 at 14:39
2 posts
The martingale doing great damage...😱

ryang123 (ryang123)
Sep 18 2017 at 14:43
85 posts
Galante posted:
The martingale doing great damage...😱

This was a dumb mistake on my part as I went away for the weekend and forgot to add more funds. I always keep 5k on hand for this account. If you run funnel with stock settings with 5k, it works well.

Choose a good reputation over great riches (PROVERBS 22:1)
HardWorker
Oct 05 2017 at 07:35
4 posts
Ryan

Why did your A/C get so much losses in Sep. 18, 2017?
What happened?

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