ryang123's Posts - Page 2

Funnel Trader IC in Trading Systems Jun 02, 2018 at 03:58

I had a drawdown problem when I was away on vacation because I forgot to check to see if my account had enough funds. But I fixed it. Only way to avoid any issues with this one is to make sure it has enough funds. 4k min. Really 5k but 3-4 would work for high leverage brokers like IC Markets.

Funnel Trader IC in Trading Systems Jun 02, 2018 at 03:55

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 ...

IC Markets in Brokers Apr 01, 2018 at 01:44

In my humble opinion, I disagree. I work with several brokers and if I didn't live in the USA, this would be my main broker. My company now uses Oanda but I have a personal account with IC. I also received a phone call and, according to IC's customer agreement, and every other broker out there, they have every right to change the margin requirements when volatility is expected to be high. I'm not sure how this is crooked but I do know its common with all brokers to up the margin requirements during times like this. Not a bad thing at all. This is a trade that could go seriously...

Funnel Trader Account 1 in Trading Systems Mar 19, 2018 at 05:16

I'm seeing a possible large move south for most JPY pairs which effects funnel. Make sure your accounts are prepared with enough funds to cover a large move if you have open a long basket (short eurusd). I made this mistake once and never again! Got stopped out overnight when I was away on vacation. Need to keep a good amount of funds handy for drawdowns.

Funnel Trader Account 1 in Trading Systems Feb 07, 2018 at 05:46

Funnel trader could very well be the greatest system created ever. It's hard to believe a grid system this simple could do this well. Drawdown can get annoying at worst. All you have to do is monitor your system and add funds when drawdown gets high. Lately it's been doing extraordinary. I went to sleep last night with a drawdown and woke up today with a good size profit.

IC Markets in Brokers Dec 09, 2017 at 23:14

This doesn't make sense at all. You should contact their support. I never had any issues with this broker and have had excellent customer service. Definitely have them look into this trade. Your activation price is 10+ pips higher than the price at that time. The spread on the USDCAD is usually 1 pip. Now if you look at the 1 min candle that day at 15:30 broker time (8:30 am est time), it was an obvious news announcement and you would have got triggered at the 1st availbable price with any broker on a stop order. That available price at that time was right there at 1.273. Your time ...

Inertia Trader in Trading Systems Oct 29, 2017 at 21:25

I've had quite a few glitches with mine. My funnel account was showing over 300% and it never had that much. At one point when I had deposited money, it showed a loss even though there wasn't one.

Forex Climber in Expert Advisors Oct 22, 2017 at 13:47

I also had a not so great September but that's only one month. It's a simple breakout system so you are not ever going to get the best entry but it's great if you don't have a lot of time to trade and are willing to let your trades run for a while. Basically, you are paying for a system to find support and resistance for you and give you signals based on breakouts of that s/r. You will get some fakouts but the idea of the breakout system is you will get more breakouts then fakeouts. I was told by Jim use tp2 always to match results on website. You can also do 3 trades each...

Funnel Trader IC in Trading Systems Oct 05, 2017 at 13:55

HelloI was on vacation and forgot to add funds to the account before I left. I keep it low just to avoid any potential flash crash like the GBP in October 2016 or the CHF in January 2015. If that happens, at least I would only lose a small portion of my trading capital. The other issue is the way myfxbook does the calculation it makes it look like I lost much more than I did. It's best to look at the profit, not the growth. The growth calculation is messed up because I withdraw and deposit a lot. The robot was in the biggest drawdown it ever had and because I forgot to add money, it ...

Forex Climber in Expert Advisors Oct 02, 2017 at 18:13

I bought this from Jim and tried it out. Great system, great support. I was making the decision between his system and my own and decided to stick with mine but Jim was prompt to get back to my emails and the system does work as described. I would not hesitate to recommend. It is a breakout system. Basically, it sends you signals based on S/R. When S/R forms, it sends a signal to set a buy/sell stop. It is designed so you can set and forget because each signal comes with an expiration date.

Inertia Trader in Trading Systems Sep 24, 2017 at 13:46

Looking at the growth graph it looks like it's hitting support and poised for a big move up 😁Seriously though, I do believe that the system is a good system. Just need to monitor a little, take profit when you have it, and it's great. The last trades with the eurusd sat there in profit for hours building a base of support around 1.1875 Yes, the bot should be able to take the profit on its own but if your running this system on real $, you need to know how it works take profit when it's on the table.Side note, I do see a good short opportunity with the eurusd this week ...

Inertia Trader in Trading Systems Sep 21, 2017 at 18:49

I had a good win with the trades from yesterday because I make sure to take profit when I'm in profit. Once I see the market forming a bottom, I close all or almost all the bot trades. Yes, I will miss some of the really large moves but I miss most of these moves where it was in profit and then moved out.

Funnel Trader IC in Trading Systems Sep 18, 2017 at 14:43

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.

Inertia Trader in Trading Systems Sep 03, 2017 at 00:01

Having had some time with this system, its now trading on my main account and doing quite well. I take profit myself and don't wait for the robot to let the winners go to SL. Sometimes I can't catch it but most of the time I usually know ahead of time when there is a large movement in the market. I find my profits to be much higher this way, even if I miss a few pips here and there. However, over time, you will still make a profit even with letting the bot take full control. Getting good entries is the hard part and this bot is extremely good at it.

Funnel Trader IC in Trading Systems Aug 29, 2017 at 13:39

I did deposit a lot when I was in dd. No worries. The bottom line is the profit number, not the gain %

Funnel Trader IC in Trading Systems Aug 26, 2017 at 18:50

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.

Inertia Trader in Trading Systems Aug 24, 2017 at 15:06

I tried but for some reason, myfxbook is not processing the account accurate. I will play around with the settings to see if I can get it to work. My funnel account also posted a negative growth when, in fact, it was positive. Not sure how this happens.

Inertia Trader in Trading Systems Aug 23, 2017 at 16:08

I get almost exact same results as vendor. I'll post my account asap. I also use Funnel trader and that account I have posted. Almost exact same as vendor

Inertia Trader in Trading Systems Aug 05, 2017 at 15:01

I am glad I closed my trades early on Friday! When you can see a clear bottom forming on a Friday afternoon after a big move from NFP or another news event like it, there is generally a slight retracement. This one was no different.

Inertia Trader in Trading Systems Aug 02, 2017 at 04:22

I see this happen with demo accounts all the time where the feed from the broker is slightly different than live accounts. I only had one trade too but I use IC Markets.

All Quotes
AUDUSD	0.64506	USDCHF	0.90884
EURJPY	164.773	EURCHF	0.9707
EURGBP	0.85636	GBPJPY	192.403
EURUSD	1.06805	GBPUSD	1.24716
USDJPY	154.273	USDCAD	1.37555

EURUSD	1.06805	GBPUSD	1.24716
USDJPY	154.273	USDCAD	1.37555

Posts by ryang123