Million Dollar Pips (by milliondpips) Quick Stats
Gain: +20473.95%
Drawdown: 33.11%
Pips: 4911.4
Trades: 3600
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Automated

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Million Dollar Pips Discussion
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hawkfx

Member Since Jun 01, 2010  69 posts hawkfx May 27 2011 at 01:26
Well, I must admit. I were wrong. I tested on finfx ecn real, and so far today +23 pips.

I had problems with the instalation but the vendor has been very helpful and fixed the problems in no-time.

I'll keep you posted how my results are. And for sure this is nor arb.

DMFXTrader

Member Since Mar 16, 2011  61 posts DMFXTrader May 27 2011 at 06:02 (edited May 27 2011 at 06:11 )
I purchased this EA yesterday and I am running it on a ThinkForex real account. I also was up 23.8 pips for the day when I went to bed but woke up this morning to find that it lost 19 pips overnight. I am still up 4.9 pips since starting though and would be happy with that everyday :)

This is not an arb EA but an extreme scalper. The duration of my trades lasted from 2 seconds to 2 min 14 secs.

Having a quick look at the demo results I think my live account did better :)

forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) May 27 2011 at 06:23 (edited May 27 2011 at 06:52 )
Only when I see uploaded real account with reputable broker and at least 100 trades I will believe. Until that moment I'm considering this only as a smart joke:
funny looking site with all the typical junk content(ridiculous mini robots from Star Wars, backtestst, the traditional marketing hype and the cherry on top is the demo forward test), let's don't forget the price.... yes, it's $99, and it's $99 if you buy it now. Yeah, $99 for a money printer. If you don't buy now the price will go up to $1 000 000 simply cause the name is Million Dollar Pips.

JUST THINK WITH YOUR HEADS!!!

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
DMFXTrader

Member Since Mar 16, 2011  61 posts DMFXTrader May 27 2011 at 08:25
What percentage risk is this demo account using?

milliondpips

Member Since May 20, 2011  18 posts milliondpips May 27 2011 at 13:51
1%

milliondpips

Member Since May 20, 2011  18 posts milliondpips May 27 2011 at 15:57
1% per trade

DMFXTrader

Member Since Mar 16, 2011  61 posts DMFXTrader May 27 2011 at 19:23 (edited May 27 2011 at 19:24 )
milliondpips posted:
    1% per trade


Are you sure?

Looking back at the demo results the average loser seems to be between 3% to just over 4% lost? Which would make more sense to me rather than 1% because of the returns since the demo started.

expat1967

Member Since Aug 21, 2010  11 posts expat1967 May 27 2011 at 20:00
From what I can see its 1.00 Lots per trade on a 1k account. Last trade made 20$ on 2 pips.

DMFXTrader

Member Since Mar 16, 2011  61 posts DMFXTrader May 27 2011 at 21:29 (edited May 27 2011 at 21:29 )
expat1967 posted:
    From what I can see its 1.00 Lots per trade on a 1k account. Last trade made 20$ on 2 pips.


Yes I agree, and the maximum loss looks like it is just over 4% so surely this demo account is running at 4 or 5% risk per trade?

ruichaves21

Member Since Jan 24, 2011  13 posts ruichaves21 May 29 2011 at 22:41
Hi,

Provide us an real account to prove that the robot really works!

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