Million Dollar Pips (By milliondpips)
| Gain : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Won: |
|
| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Automated |
Million Dollar Pips Discussion
Nov 22, 2011 at 13:38
mistificator posted:
If MDP makes 1-2 trades you can see that times or if your max orders set to 1-2, otherwise you will see an average order execution time for the whole queue of orders, with individual time around 300 and all max 8 orders created you will likely to see above 1000 ms.
That's exactly what happened to me on my first real trades, yesterday.
The EA showed execution time over 1000 ms and suggested lower max. sim. orders to lower exec. time.
I lowered max. sim, orders to 4. Did I do well?
Member Since Aug 16, 2010
453 posts
Nov 22, 2011 at 13:45
time will tell
Was mich nicht umbringt, macht mich stärker.
forex_trader_46166
Member Since Aug 30, 2011
73 posts
Nov 22, 2011 at 15:07
I noticed this on another Demo account - but it was Alpari which isnt reccomended by MDP.
I opened a ThinkForex Demo this morning and added it to myfxbook stats so feel free to follow.
The other system on my profile is Intellitrade - my own system which I have developed over time - I started using it in October to rescue my DD account. So far VERY good. Will be sharing in the future. (Its a real account at the mo).
I opened a ThinkForex Demo this morning and added it to myfxbook stats so feel free to follow.
The other system on my profile is Intellitrade - my own system which I have developed over time - I started using it in October to rescue my DD account. So far VERY good. Will be sharing in the future. (Its a real account at the mo).
Member Since Apr 08, 2011
153 posts
Nov 22, 2011 at 17:36
Just had another set of loosing trades. Anyone else?
forex_trader_46166
Member Since Aug 30, 2011
73 posts
Nov 22, 2011 at 20:00
None here also but im not passing any judgment until its taken 50 trades on demo and 50 on Micro (real). I think thats a fair test. Theres many people in this chat that are trying it on real and are doing well in the long term.
Nov 22, 2011 at 20:11
benbakhsh posted:
None here also but im not passing any judgment until its taken 50 trades on demo and 50 on Micro (real). I think thats a fair test. Theres many people in this chat that are trying it on real and are doing well in the long term.
i don't like being the bearer of bad news, but you need to be aware of this. The performance in a demo account will not reflect the performance in a real account. One of the biggest factors that affects the performance of MDP is slippage, and demo accounts do not have slippage. With MDP, slippage will cause winning trades to become losing trades regularly. All I am saying is, please keep this in mind when analyzing you results in the demo account.
Make losses, but always come out a winner at the end.
forex_trader_46166
Member Since Aug 30, 2011
73 posts
Nov 22, 2011 at 22:43
fughe posted:
benbakhsh posted:
None here also but im not passing any judgment until its taken 50 trades on demo and 50 on Micro (real). I think thats a fair test. Theres many people in this chat that are trying it on real and are doing well in the long term.
i don't like being the bearer of bad news, but you need to be aware of this. The performance in a demo account will not reflect the performance in a real account. One of the biggest factors that affects the performance of MDP is slippage, and demo accounts do not have slippage. With MDP, slippage will cause winning trades to become losing trades regularly. All I am saying is, please keep this in mind when analyzing you results in the demo account.
Hehe I know this - I know first had the difference between real and demo. I'm trading a live account on my original system.
Appreciate the advise though :)
forex_trader_46166
Member Since Aug 30, 2011
73 posts
Nov 22, 2011 at 22:44
Ps happy trading :)
Nov 22, 2011 at 22:45
benbakhsh posted:
Hehe I know this - I know first had the difference between real and demo. I'm trading a live account on my original system.
Appreciate the advise though :)
No problem! I figured you probably did, but I wanted to make sure you were thinking about it. 😁
Make losses, but always come out a winner at the end.
