No. Its a bad calculation from myfxbook. I was on vacation and forgot to deposit more margin before I left. The system went into a drawdown while I was away (of course) and I was stopped out on a few positions. I quickly deposited money when I found out but it was too late.
I am consistently withdrawing profits from this system. Once in a while I have to deposit more margin as it can go into large drawdowns but its normal. Great system overall.
I just created a system that trades 15 pairs. Its did quite well for me in testing so I'm running it live. So far so good! I'll put it up here asap on myfxbook. Just switched accounts with it now so it will be a newer account so all results will be from scratch.
Thanks Ryan for your answer! I am really amazed with that system, just look my results in two weeks.
It is not bad calculation myfxbook. Funnel Trader is martingale strategy and that's why it happened. Just look at history.
100% my fault because I did not deposit funds but the reason I say it's bad calculating because I only lost about $500. Look at my total profit. I simply forgot to deposit money before I left for my vacation (holiday, whatever you want to call it :) and the broker stopped out my trades during a high drawdown period. It was an honest mistake. You can seey profit is almost $4000. How can $500 loss be a 100% loss? How is it possible to have a 400%+ gain? It's all bad calculating. Call it martingale, grid, doesn't matter. I've been running for 2 years with no issues other than my own stupidity that one time.
I've also created my own system based on a grid that I back tested for 15 years and it never had drawdown larger than 4k. I've also created a portfolio, up to 15 pairs, with NO grid or Marti and works great. Both are just different methods to trade fx and both work well for me. I would not use grid or Marti for clients just because I can't ask clients to deposit on demand.
Funnel, imho, is a great system for a real trader, not someone who doesn't monitor it. Or good for someone with a 10k account who wants a set and forget. My way is this... Keep $1k in the account & reserve $ aside to deposit and it will work fine. Funnel is not my creation so I don't have reason to defend it but I do make $ from it and consider it to be a part of my portfolio.
Choose a good reputation over great riches (PROVERBS 22:1)