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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

Benjamin Nathan
benbakhsh
Nov 23 2011 at 10:59
73 posts
Whoa - the monthly bar graphs have dissappeared and now show just november at a very small gain - wtf?
Antny (fughe)
Nov 23 2011 at 11:00
724 posts

   Hui_1984 posted:
   Any comment on my trades?

Unfortunately, today was another bad trade day for MDP. The trades on your account are going to look nearly identical to everyone else's. If you look back in anyone's history that has been running MDP a while, they all have nasty trading days. Just wait. There will be quite a few more people that will drop in later and they will also be reporting negative results.
Make losses, but always come out a winner at the end.
Antny (fughe)
Nov 23 2011 at 11:02
724 posts

   crashev posted:
   Demo account have not trades today, ok that is really strange !
The last spike triggered everyone, where are demo accounts results ?

I figure either it didn't update properly, of the demo account server was too slow for MDP to be able to trade. i believe the primary demo acc is on TF.
Make losses, but always come out a winner at the end.
LLivingstone
Nov 23 2011 at 11:02
3 posts

   crashev posted:
   Demo account have not trades today, ok that is really strange !
The last spike triggered everyone, where are demo accounts results ?

I agree with you, on the 21/11 the update taked a long time before to be done and only 4 losing trades when everybody had something around 10 trades in this day.
It is possible to manipulate the track record? Oo
Antny (fughe)
Nov 23 2011 at 11:13
724 posts

   LLivingstone posted:
   

   crashev posted:
   Demo account have not trades today, ok that is really strange !
The last spike triggered everyone, where are demo accounts results ?

I agree with you, on the 21/11 the update taked a long time before to be done and only 4 losing trades when everybody had something around 10 trades in this day.
It is possible to manipulate the track record? Oo

It is possible to manipulate the data, but at this point, the vendor would have no reason for it. It would be more trouble than it is worth.
Make losses, but always come out a winner at the end.
Cinar (mcymcy)
Nov 23 2011 at 11:26
270 posts
My MDP accounts weekly loose rise to 23%...
kimleow
Nov 23 2011 at 12:02
119 posts
I had 1 account make money, the other account got smashed.
DEMO doesn't count - go live or go home - ?a_aid=112256
Dar Verer (mistificator)
Nov 23 2011 at 12:43
453 posts
mine both got wacked. nothing too dramatic, around 3% loss but the pattern doesn't look good lately
Was mich nicht umbringt, macht mich stärker.
Alec
Nov 23 2011 at 14:47
91 posts
A few trades, only one positive.
Alec
Nov 23 2011 at 14:48
91 posts
Cinar (mcymcy)
Nov 23 2011 at 14:53
270 posts
No second wave for me... Interesting...
kirbi
Nov 23 2011 at 14:56
15 posts
Sorry guys? i`ve missed? there was two wawes today? i have got one only...
krana
Nov 23 2011 at 15:52
66 posts
SUGGESTION I ma following:

I shut my system down for a few weeks, the brokers are getting out of big trades becuase of long holidays in the US, so the market will WIP Saw a lot and unpredictable.

so cut my losses and shut down.. and start only for first 2 weeks of Dec.. only. Thsi is what i will do.

Alec
Nov 23 2011 at 16:00
91 posts
crashev
Nov 23 2011 at 16:12
320 posts
Only one.
Better to lose an oportunity than a money
willgart
Nov 23 2011 at 16:13
588 posts
well... from what I see MDP don't care about trends, so predictable or not, MDP can trade correctly... or not.
Because it trades when a spike occurs, turning it off during period when spikes could occurs more often will reduce the wins you can have.

And if you stop a EA because you anticipate something, its because you prefer to manually trade...
so why using MDP ?
;)
Professor53
Nov 23 2011 at 17:18
795 posts
I agree. We have a EA MDP thathas 60/40 win to loss ratio. We should expect some losses. It doest make us happy when we lose, but its part of the trading factor in forex. In the long run we have historicaly been winning .
Click on my Name to see My Live Charts and Bio.
Standa
Nov 23 2011 at 17:31
13 posts

   Professor53 posted:
   I agree. We have a EA MDP thathas 60/40 win to loss ratio. We should expect some losses. It doest make us happy when we lose, but its part of the trading factor in forex. In the long run we have historicaly been winning .

Yes, I agree but... Isn´t it strange that usually we have worse trades that the measured demo?
When we make money, the demo makes more,
when we loose, it loose less or no trade...

Are you sure, we really had in the past 60 / 40 win to loss ration as mentioned in the demo?

Im am here for quite a short time, so I dont know how mdp REALLY worked in the past. But what I know is that reported account is more profitting then me or forum in general...

Isnť it strange?

Thanks for thinking about it...
GL to ALL!
kirbi
Nov 23 2011 at 17:39
15 posts
Standa, to my mind, DEMO absolutly differs from real account. Much better exequtions, more suitable quotes for any scalping strategies. So we can`t make any decisions according demo results. Demo is good only for checking algoritm of your EA. We have good results for three month on real accounts in past, so will hope it will be continious. Three month is not so much for real testing for long/mid term strategies, but it is pretty good statistic period for scalping.

Sorry for my english, it isn`t my native language😉
Dar Verer (mistificator)
Nov 23 2011 at 18:31
453 posts
Kirbi hits the point. Another thing to consider, with market-tailored strategies you might never have too big of a statistic, as robot will lose its edge before you can build a stat. This is why most people lose with bots: they wait too long first to see results from vendor, then too long on demo, then on micro. So when they move to start trading it on good money they will lose their shirt, as strategy already lost its edge.

Remedy? Hardly an easy one, but you need to trust what you use, apply good judgement, try to understand how strategy works and if there any real edge. In my opinion MDP has it, I had been trading news spikes both joining them and fading them, because you can't trade manually not-annouced spikes, but MDP obviously can as it watches market 24x5. I believe it will be back. It's good to have some healthy profit cushion to build up before to accommodate rough patches.
Was mich nicht umbringt, macht mich stärker.
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