Million Dollar Pips (by milliondpips) Quick Stats
Gain: +11446.21%
Drawdown: 29.60%
Pips: 4138.7
Trades: 2279
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Automated

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Million Dollar Pips Discussion
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Kaptain

Member Since Oct 18, 2011  51 posts Kaptain May 02 2012 at 10:28
That's it I had enough, too many losses in a row I have stopped MDP and will never use it again. Back to manual trading.

Plan your trade, trade your plan
crashev

Member Since Feb 09, 2011  271 posts crashev May 02 2012 at 10:57
Kaptain: good for You! :)

Better to lose an oportunity than a money
greglegrande

Member Since Jul 04, 2011  27 posts greglegrande May 02 2012 at 11:19
Aye aye Kaptain. Me. too. I'm pulling out most of the money and leaving a very small amount just in case it comes back to life. I got in this ea late. I had several good months but march and april have been horrible and now may has started poorly. My manual trading has been blowing MDP away.

Kaptain

Member Since Oct 18, 2011  51 posts Kaptain May 02 2012 at 11:33
It at least has paid for itself and I do not need to sell it to recover the purchase. I just have so many test accounts now that it will be a chore consolidating back to a single account when I was just manually trading.

 

Plan your trade, trade your plan
vtm09jp

Member Since Jan 26, 2012  2 posts vtm09jp May 06 2012 at 15:00 (edited May 06 2012 at 15:29 )
i told you guys on 15/02/2012
o losted 1000 usd in mdp and in this time i want my 99 usd back and hi doenst give me money back...
i dont care about my money more... but i want this fucking lie guy get a cancer soon...
because hi lier... and i want hi will need this money when hi get a cancer...
sorry my english guys... but i really dont like peoople like this s hit guy..
i konow many peoople losted you money.. and i know some peoople lucky gain money with mdp...
but in february i just want my money back.. just it.. but hi f ucking lierr!!!
ok take my money for you..no worries. you will really need this 99 usd!!






Fred_Forex

Member Since Aug 15, 2011  117 posts Fred_Forex May 09 2012 at 09:21
Two trades yesterday for + 20 pips on 1st account. And 4 on third account for + 40 pips. But overall it trades too infrequently and inconsistently in the last months.
Fred

Trade what you see - not what you hope to see! http://tinyurl.com/go-broker
crashev

Member Since Feb 09, 2011  271 posts crashev May 09 2012 at 14:23
Fred: do You use NO=1? I had no trades on default settings and with AC=8

Better to lose an oportunity than a money
ForexRefuge

Member Since Aug 26, 2010  90 posts Forex Refuge (ForexRefuge) May 09 2012 at 16:28
I don' know why some traders will purposely scheme ways to scam people.

Anyway, i blame gullible traders for falling prey to these deciet.

Any trader who is wiling to buy any EA should note these points.

1. No one will sell out a profitable EA but can use it to managed accounts but not outright selling.
2. Never trust any back testing result but monitor the EA activities by yourself for as long as you wish either by having direct access to that account using investor's password or monitoring on myfxbook with history, open positions, brokers name all made public.
3.And tis is very important for people who want to buy a scalping EA: Any EA that guns for less than 10pips must be tested thoroughly on live account to see its tolerance to slippage and spread.
4.And Finally you must know that sucees in fx trading is a gradual thing and if an EA result is too good to be true then its definitely not true so be vigilant.

Success in Forex Trading is a marathon and not a sprint.
NewMillenniumInc

Member Since Nov 09, 2009  113 posts NewMillenniumInc May 10 2012 at 09:24 (edited May 10 2012 at 09:27 )

   ForexRefuge posted:
   I don' know why some traders will purposely scheme ways to scam people.

Anyway, i blame gullible traders for falling prey to these deciet.

Any trader who is wiling to buy any EA should note these points.

1. No one will sell out a profitable EA but can use it to managed accounts but not outright selling.
2. Never trust any back testing result but monitor the EA activities by yourself for as long as you wish either by having direct access to that account using investor's password or monitoring on myfxbook with history, open positions, brokers name all made public.
3.And tis is very important for people who want to buy a scalping EA: Any EA that guns for less than 10pips must be tested thoroughly on live account to see its tolerance to slippage and spread.
4.And Finally you must know that sucees in fx trading is a gradual thing and if an EA result is too good to be true then its definitely not true so be vigilant.

Howdy,

Yes there's plenty of scammers out there - but its on you if you let that blind you to real opportunity. You'll be cutting off your nose to spite your face. On your points 1-4;

1. I am sick of hearing that line, that's bullshit.

I do and why wouldn't I ? because I'm concerned that a flood of traders will decrease the affectivness of the system in a 4 trillion dollar a day market ? Get real and tell me then why do folks still run MDP and make a profit with 70k+ copies out there ?

The difference is that some folks invest the effort to make it work for them, while others expect that for $99 the world will fall into line as they expect.

2. Correct, hallelujah.
3. See point 2. above.
4. Be careful what you believe to be 'too good to be true'. MDP is by no means to good to be true......just ask all the folks that haven't made it work for them.

IMHO, you'll go a long, long way to find anything better......

Cheers, Adam smiley

ps...plan B). Listen to what that Primevil EA guy keeps harking on about on this thread........

its damn near possible, but its whats possible that keeps us in the game
Fred_Forex

Member Since Aug 15, 2011  117 posts Fred_Forex May 10 2012 at 13:20

   crashev posted:
   Fred: do You use NO=1? I had no trades on default settings and with AC=8

No, I have NO=0, AC=2. Strange! Also had no trades on a seemingly better broker with the same settings.
Fred

Trade what you see - not what you hope to see! http://tinyurl.com/go-broker
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