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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

May 20, 2011 at 02:45
206,248 Views
3,879 Replies
Member Since Jul 24, 2011   91 posts
Nov 22, 2011 at 21:48

   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!
benbakhsh
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 :)
benbakhsh
forex_trader_46166
Member Since Aug 30, 2011   73 posts
Nov 22, 2011 at 22:44
Ps happy trading :)
Member Since Jan 31, 2011   724 posts
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.
Member Since Nov 17, 2011   15 posts
Nov 22, 2011 at 23:28
Guys. was any trades made by MDP in the night hours in your expirience?
Member Since Sep 14, 2011   140 posts
Nov 22, 2011 at 23:39
No trades
Member Since Aug 20, 2011   588 posts
Nov 22, 2011 at 23:45

   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.
Member Since Nov 17, 2011   15 posts
Nov 22, 2011 at 23:46
23/11 day is full of news. there is a chance to win a little:)
Member Since Aug 12, 2011   40 posts
Nov 23, 2011 at 00:06
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!
Member Since Nov 17, 2011   15 posts
Nov 23, 2011 at 01:22
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.
Member Since Jan 31, 2011   724 posts
Nov 23, 2011 at 01:26

   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.
Member Since Nov 12, 2009   19 posts
Nov 23, 2011 at 10:20
another bloodbath! 😭
Member Since Nov 12, 2009   32 posts
Nov 23, 2011 at 10:28
same bad, 15 trades -74pips. see attachment.

Attachments:

Member Since Sep 14, 2011   140 posts
Nov 23, 2011 at 10:28
yes :(, negative trades
Member Since Jul 30, 2011   17 posts
Nov 23, 2011 at 10:31
Is MDP over..?
Have a pips filled day!!
Member Since Jan 31, 2011   724 posts
Nov 23, 2011 at 10:38
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.
Member Since Nov 12, 2009   32 posts
Nov 23, 2011 at 10:40
Any comment on my trades?
Member Since Jul 30, 2011   17 posts
Nov 23, 2011 at 10:40

   Hui_1984 posted:
   Any comment on my trades?

No need to comment or something. Cuz... same here.
Have a pips filled day!!
Member Since Nov 12, 2009   32 posts
Nov 23, 2011 at 10:41
Show me screen shot please?
Member Since Feb 09, 2011   320 posts
Nov 23, 2011 at 10:46
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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