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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

Alec
Nov 22 2011 at 21:48
91 posts

   krana posted:
   did you all notice the demo account here did not take as mnay trades as our account did in the losses. ???

Yes - 4!
Benjamin Nathan
benbakhsh
Nov 22 2011 at 22:43
73 posts

   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 :)
Benjamin Nathan
benbakhsh
Nov 22 2011 at 22:44
73 posts
Ps happy trading :)
Antny (fughe)
Nov 22 2011 at 22:45
724 posts

   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.
kirbi
Nov 22 2011 at 23:28
15 posts
Guys. was any trades made by MDP in the night hours in your expirience?
lobotomy8
Nov 22 2011 at 23:39
140 posts
willgart
Nov 22 2011 at 23:45
588 posts

   kirbi posted:
   Guys. was any trades made by MDP in the night hours in your expirience?

yes, MDP trade at any time. but only when there is spikes.
kirbi
Nov 22 2011 at 23:46
15 posts
23/11 day is full of news. there is a chance to win a little:)
Dan (tradinfool)
Nov 23 2011 at 00:06
40 posts
Check out this post. This is a well thought out explanation of what settings to use:

https://forums.babypips.com/expert-advisors-automated-trading/41199-million-dollar-pips-no-trades.html#post289666

Good luck!
kirbi
Nov 23 2011 at 01:22
15 posts
Guys. what do you think about following:

It seems to be better to set up MDP to trade more often.

the reason: not so volatile spikes brings less profit but much less risks.
Antny (fughe)
Nov 23 2011 at 01:26
724 posts

   kirbi posted:
   Guys. what do you think about following:

It seems to be better to set up MDP to trade more often.

the reason: not so volatile spikes brings less profit but much less risks.

The problem is that the market is less volatile. It enters the trades much easier, and turns against them much easier.
Make losses, but always come out a winner at the end.
Bill_New_2FX
Nov 23 2011 at 10:20
19 posts
another bloodbath! 😭
Louis Loo (Hui_1984)
Nov 23 2011 at 10:28
32 posts
same bad, 15 trades -74pips. see attachment.

Attachments:

lobotomy8
Nov 23 2011 at 10:28
140 posts
yes :(, negative trades
Hanyul (kyle1686)
Nov 23 2011 at 10:31
17 posts
Is MDP over..?
Have a pips filled day!!
Antny (fughe)
Nov 23 2011 at 10:38
724 posts
No, MDP is not over. It is a bad trade day. No matter how good a system is, there will be bad trade days.

That said.....I managed to squeeze out 0.13% from that nasty mess.

I am running 2 accounts with MDP. One lost about 5%, and the other gained 0.13%. Same broker, same VPS, same settings.

You just gotta ride it out.
Make losses, but always come out a winner at the end.
Louis Loo (Hui_1984)
Nov 23 2011 at 10:40
32 posts
Any comment on my trades?
Hanyul (kyle1686)
Nov 23 2011 at 10:40
17 posts

   Hui_1984 posted:
   Any comment on my trades?

No need to comment or something. Cuz... same here.
Have a pips filled day!!
Louis Loo (Hui_1984)
Nov 23 2011 at 10:41
32 posts
Show me screen shot please?
crashev
Nov 23 2011 at 10:46
320 posts
Demo account have not trades today, ok that is really strange !
The last spike triggered everyone, where are demo accounts results ?
Better to lose an oportunity than a money
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