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
214,014 Views
3,872 Replies
Member Since Dec 15, 2010   795 posts
Dec 09, 2011 at 10:35
Thats one reason I try and keep with IBFX. THey arent perfect, but they are pretty good for MDP.
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crazy95
forex_trader_7188
Member Since Feb 15, 2010   14 posts
Dec 09, 2011 at 12:09
Member Since Aug 16, 2010   453 posts
Dec 09, 2011 at 12:19
Really slow modification today and as a result small minus. Probably time to move on and shift to another broker.
Was mich nicht umbringt, macht mich stärker.
Member Since Jul 24, 2011   91 posts
Dec 09, 2011 at 12:36 (edited Dec 09, 2011 at 12:39)
Small gain here. (And broker too slow: modify time 1091ms.)
Member Since Nov 03, 2011   119 posts
Dec 09, 2011 at 12:40
only 7 pips profit for me, 1.37% return
DEMO doesn't count - go live or go home - ?a_aid=112256
Member Since Jul 24, 2011   91 posts
Dec 09, 2011 at 12:42
Notice that the reference demo account lost again today (20.1 pips).
Member Since May 10, 2010   382 posts
Dec 09, 2011 at 15:47

   Professor53 posted:
   Thats one reason I try and keep with IBFX. THey arent perfect, but they are pretty good for MDP.


This seems not to be the case with IBFX Australia. Any idea why?
Member Since Feb 23, 2011   34 posts
Dec 09, 2011 at 16:01
Filtered feed is slower
Member Since Jul 24, 2011   91 posts
Dec 10, 2011 at 14:33
William Morrison advised to lower the risk 'until holidays'. What about DURING holidays?

Should we disable the robot for the holidays (December 18-30)?
Member Since Jan 31, 2011   724 posts
Dec 10, 2011 at 15:51

   Alec posted:
   William Morrison advised to lower the risk 'until holidays'. What about DURING holidays?

Should we disable the robot for the holidays (December 18-30)?

I saw that. I am not entirely certain why you would want to do so with this system. The reason most people lower risk during december is due to erratic price movements and low volume. If this was a normal system that would get stopped out by whipsawing markets....yeah, lowering risk or stopping entirely would be a good idea. As it is, MDP works best with whipsawing movements. That said....the lower trading volume could cause some nightmarish slippage for MDP. Lowering you risk would allow you to get filled eaiser. Just some thoughts.
Make losses, but always come out a winner at the end.
Member Since Jun 15, 2011   270 posts
Dec 12, 2011 at 18:34
Hi,

What about the last trades? I've lost about 4%
Member Since Feb 09, 2011   320 posts
Dec 12, 2011 at 19:10
All lost
Better to lose an oportunity than a money
Member Since Oct 18, 2011   55 posts
Dec 12, 2011 at 19:23
Small loss 2%, nothing to worry about. 😎
Plan your trade, trade your plan
Member Since Jun 09, 2011   186 posts
Dec 12, 2011 at 19:43
small loss, i'm sure it will recover soon :D
http://www.freeforexrebates .info
Member Since Aug 16, 2010   453 posts
Dec 12, 2011 at 19:45
same here
Was mich nicht umbringt, macht mich stärker.
Member Since Jan 31, 2011   724 posts
Dec 12, 2011 at 19:53
brace for impact. Last half of December coming up. The big funds will be taking profit on positions. This means extended moves that can possibly suck in your MDP trades and keep running....over and over and over. The stop and reverse may not work as well. Plus....lower liquidity WILL be an issue. expect increased slippage.
Make losses, but always come out a winner at the end.
Member Since Aug 16, 2010   453 posts
Dec 12, 2011 at 19:56
Fughe, usually low liquidity periods are characterized by spike-reverse range-bound action, usually a norm for December. Should be good for MDP
Was mich nicht umbringt, macht mich stärker.
Member Since Sep 14, 2011   140 posts
Dec 12, 2011 at 19:58

   mistificator posted:
   Fughe, usually low liquidity periods are characterized by spike-reverse range-bound action, usually a norm for December. Should be good for MDP

I agree.
Small losses for me today
Member Since Jan 31, 2011   724 posts
Dec 12, 2011 at 20:03

   mistificator posted:
   Fughe, usually low liquidity periods are characterized by spike-reverse range-bound action, usually a norm for December. Should be good for MDP

I am hoping for it to continue as it has in the past. i am not going to expect it though. This year has seen radical changes in market behavior.
Make losses, but always come out a winner at the end.
Member Since Aug 20, 2011   588 posts
Dec 12, 2011 at 22:30

   mistificator posted:
   Fughe, usually low liquidity periods are characterized by spike-reverse range-bound action, usually a norm for December. Should be good for MDP

I think Fughe is right. like William (which sent an email there is few weeks)
Low liquidity mean more problems to MDP. because less traders are on the market, there is less liquidity available to fullfill the MDP requests. so more slippage and bad results for us.
Like William's recommend, reduce the number of requests and reduce the lot size for the month.
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