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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
Aug 27 2018 at 10:30
31 posts
Hi, why stopped updating? always keep tracking your account.

ryang123 (ryang123)
Aug 27 2018 at 11:49
85 posts
I can't use IC markets anymore. Need to switch to a new broker.

Choose a good reputation over great riches (PROVERBS 22:1)
ryang123 (ryang123)
Aug 27 2018 at 15:27
85 posts
ftr4ders posted:
chnp posted:
Hi, why stopped updating? always keep tracking your account.



It has Drawdown: 86.76%

why keep going? To have DD 100%?


You need to look at the rest of the numbers. 86% dd is incorrect just like 700+% is also incorrect. I made 4k with a 2k (average size) account. That is not 700%. Myfxbook calculations are not the best but it is the most common method used. It does not take into account the multiple deposits and withdrawals. Bottom line is with funnel, I had a good run and made over 4k with it.
 I created my own strategies and they are much safer. Profitable too. You can see my portfolio if you search for NJ4X. Unfortunately, I was also using IC Markets with them so I closed all trades and I will be using another broker asap. I will post them here on my page once I have my account set up.

Choose a good reputation over great riches (PROVERBS 22:1)
incometrader (incometrader)
Aug 28 2018 at 05:47
157 posts
Why can't you use IC Markets anymore, if you don't mind me asking?

TNguyen
Aug 28 2018 at 06:38
40 posts
ryang123 posted:
I can't use IC markets anymore. Need to switch to a new broker.


Why can't you use IC Markets ? What is wrong with them ?

ryang123 (ryang123)
Aug 29 2018 at 02:49
85 posts
TNguyen posted:
ryang123 posted:
I can't use IC markets anymore. Need to switch to a new broker.


Why can't you use IC Markets ? What is wrong with them ?

Two things. One is they give me a hard time about withdrawals. If you take more than 10k, they hold it until you email. Also, I recently deposit only 2k on a cc. I went to withdraw 6k and they said it all needs to go back to the cc. I said I only put 2k on my cc so I only have a 2k balance. They won't give me any other options. It really angers me because now I need to wait 60 days.
Other reason is because they want me to sign a form saying I'm a qualified US citizen. I don't want to sign it because the USA is very strict about trading over seas and I don't want any issues.

Choose a good reputation over great riches (PROVERBS 22:1)
chnp
Aug 29 2018 at 13:57
31 posts
Oh yes, they are more harder on US citizens. 50x leverage only.

ryang123 (ryang123)
Aug 29 2018 at 14:14
85 posts
chnp posted:
Oh yes, they are more harder on US citizens. 50x leverage only.
they let me use the higher leverage but it's just surprising that after the years I was with them that they give me a hard time now. I've sent countless emails back and forth and not once did they offer a solution. Even when I asked.

Choose a good reputation over great riches (PROVERBS 22:1)
ryang123 (ryang123)
Oct 24 2018 at 16:22
85 posts
I got my new broker set up and connecting the account now. It should be up within the next 24 hours or so. I will call it Funnel Trader Turnkey

Choose a good reputation over great riches (PROVERBS 22:1)
fastdrive55 (fastdrive55)
Nov 09 2018 at 16:58
100 posts
How is it going now?

You haven't been around lately.
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