Million Dollar Pips (By milliondpips)
| Gain : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Automated |
Million Dollar Pips Discussion
Member Since Dec 15, 2010
795 posts
Dec 28, 2011 at 17:05
LoiBio, I think your going to need a faster trade time. You really need less than 500ms to be in the profits.Is your 620ms on a server or home pc? Home PC's seems fast, but they have lots of lag time that a server will not have. If you dont see it now, you will over time. I have been there and done that...
Click on my Name to see My Live Charts and Bio.
Member Since Dec 15, 2010
795 posts
Dec 28, 2011 at 23:02
Demo test page will pass 2 million any time now. I know this is demo, but when it trades, normally my live accounts also trade. Garry
Click on my Name to see My Live Charts and Bio.
Dec 29, 2011 at 18:58
trading like what?
you can change a setting and get a negative result again... or you can keep the current one you have and go back in profit...
do not try to change on 1 lost only. if you get 3-4 concecutive lost, while other demo/real account go in profit, than change the settings.
actually the demo was positivie like I was (with only 1 trade open). professor53 was negative today with multiple trades...
but sometimes its the opposite.
you can change a setting and get a negative result again... or you can keep the current one you have and go back in profit...
do not try to change on 1 lost only. if you get 3-4 concecutive lost, while other demo/real account go in profit, than change the settings.
actually the demo was positivie like I was (with only 1 trade open). professor53 was negative today with multiple trades...
but sometimes its the opposite.
Dec 29, 2011 at 19:05
guili posted:
Hi all what settings i need to change in order to get the robot trading like this because it made 21 week ago trade withw profit and today loose.
regards..guili
MDP will not win all the time. If you have had profitable settings, then let it ride.
Make losses, but always come out a winner at the end.
Member Since Dec 15, 2010
795 posts
Dec 30, 2011 at 04:38
More trades and a wins on the demo.. Now over 2 million....
Click on my Name to see My Live Charts and Bio.
Dec 30, 2011 at 10:21
guili posted:
i didn't change the settings at all i just left it's original settings from the start i just dowload it and put it to trade...
is that ok?
If you have been profitable with those settings, then i would not mess with anything.
Make losses, but always come out a winner at the end.
Member Since Jan 14, 2010
449 posts
Dec 30, 2011 at 21:59
Professor53 posted:
More trades and a wins on the demo.. Now over 2 million....
Great if you enjoy beinga millionaire with demo money 😀.
I wonder what you can buy with that 😁.
This EA simply doesn't work Live...
Money makes more money $ ... $$$
Member Since Aug 16, 2010
453 posts
Dec 31, 2011 at 13:32
Not millions but made me enough to buy let's say a new economy car in less than 3 months.
primevalea posted:
Professor53 posted:
More trades and a wins on the demo.. Now over 2 million....
Great if you enjoy beinga millionaire with demo money 😀.
I wonder what you can buy with that 😁.
This EA simply doesn't work Live...
Was mich nicht umbringt, macht mich stärker.
Jan 01, 2012 at 22:30
I'd like to know about how much growth in % of your initial capital you guys are able to generate using MDP in 1 month?
I also know that the different settings will affect the performance but i heard some people close to 80% even 100% a month growth ^^
I also know that the different settings will affect the performance but i heard some people close to 80% even 100% a month growth ^^
Jan 01, 2012 at 23:09
(edited Jan 01, 2012 at 23:10)
wahjay posted:
I'd like to know about how much growth in % of your initial capital you guys are able to generate using MDP in 1 month?
I also know that the different settings will affect the performance but i heard some people close to 80% even 100% a month growth ^^
Generally, the people that gained that much in a month were either referring to the good months in the middle of 2011, or they had the risk level jacked up. Or it was on a demo account.
Make losses, but always come out a winner at the end.
Jan 01, 2012 at 23:21
wahjay posted:
Well the folks i know that use their own settings use up to 5% risk on their capital.. that's alright to me and of course it's live account not demo here
I would venture to say, they are inexperienced traders. Using 5% risk with MDP is asking to have your account equity stripped away from you. There are people on this forum that can vouch that, even using a 2% risk, MDP can lose nearly half the account in a single trade set. Using 5% risk opens them to the very real possibility of losing 60%-90% of their account in a few seconds. They are effectively gambling at this point.
Make losses, but always come out a winner at the end.
Jan 01, 2012 at 23:23
Alright , thanks for your comment . i'll have to check with them how they are performing right now but it seems like they have reduced to 2% risk and they doing well.. i'll let you guys know tho :)
i'm strating to run MDP on live account today or tomorow so yea.. thanks !
i'm strating to run MDP on live account today or tomorow so yea.. thanks !
Jan 01, 2012 at 23:28
Main thing to pay attention to is the slippage, and the blocking of order modification. As long as you have a low slippage, and you broker isn't trying to keep MDP form making the necessary modifications, you should be okay with it.
Make losses, but always come out a winner at the end.
Jan 01, 2012 at 23:53
wahjay posted:
Yes exactly. Well the broker and VPS latency is also very important i heard.. are you performing well with MDP and are you satisfied by the performance on a monthly basis?
To be totally honest, the VPS latency is not terribly important. The important thing to to have a broker who is a market maker but won't screw you over.
Make losses, but always come out a winner at the end.
