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
217,658 Views
3,872 Replies
Member Since Oct 08, 2011   41 posts
Jan 02, 2012 at 00:07
Alright got it , thanks again !
Member Since Jan 14, 2010   449 posts
Jan 02, 2012 at 07:18

   kimleow posted:
   same here, my live account has outperformed the demo account.....

Maybe you are some sort of affiliates or newbie fans of this but this EA doesn't work Live,
maybe during a short lucky period but not more than that...

Only newbies can pretend to make 80% or more a month and expect their account to live long time...
Money makes more money $ ... $$$
Member Since Nov 26, 2011   126 posts
Jan 02, 2012 at 07:22
Am thinking WE can form a Group of Traders on Skype, where we can discuss about our market analysis and Open positions. Anyone has a better suggestion ?
My recommended Broker
Member Since Dec 15, 2010   795 posts
Jan 03, 2012 at 08:00
8 percent would be a good average per month for MDP.
Click on my Name to see My Live Charts and Bio.
Member Since Jul 13, 2011   25 posts
Jan 03, 2012 at 09:01 (edited Jan 03, 2012 at 09:04)
Been lurking for awhile and after a few months (since September) I made a 127% profit. Not too bad considering how crazy the market has been for the last few months.


   MetaCoder posted:
   Am thinking WE can form a Group of Traders on Skype, where we can discuss about our market analysis and Open positions. Anyone has a better suggestion ?

That would be pretty cool. How is the MDP Java version coming along?

EDIT: I didn't verify it so take that as you will.
Member Since Dec 05, 2011   37 posts
Jan 03, 2012 at 11:05
I now have a live Account with Universal FX but only with 5000€, but the first days are not bad and the execution is so fast like in the demo, thats very impressive! I will update you as soon i get more trades..

Have a nice day!
Member Since Jun 15, 2011   270 posts
Jan 03, 2012 at 11:19

   smithfx1 posted:
   I now have a live Account with Universal FX but only with 5000€, but the first days are not bad and the execution is so fast like in the demo, thats very impressive! I will update you as soon i get more trades..

Have a nice day!

Do not select 'max sim. order number' more than 2 . This is an very important advice .
Member Since Feb 09, 2011   320 posts
Jan 03, 2012 at 11:24

   smithfx1 posted:
   I now have a live Account with Universal FX but only with 5000€, but the first days are not bad and the execution is so fast like in the demo, thats very impressive! I will update you as soon i get more trades..

Have a nice day!

I'm starting to think that this guy is really some PR/Marketing guy from this broker.
It's a new / junior broker so they probably need this kind of PR.
Otherwise who sane would show his broker like this ?

smithfx1: Go elsewhere with Your PR.

Cinar: A lot of people are doing fine with full 8 trades or at least 4, so this advice is not that important.
I myself use 3 and 4 depending on the speed of the broker, in my opnion faster the broker, more SO You should have.
Better to lose an oportunity than a money
Member Since Jun 15, 2011   270 posts
Jan 03, 2012 at 11:46

   crashev posted:
   

   smithfx1 posted:
   I now have a live Account with Universal FX but only with 5000€, but the first days are not bad and the execution is so fast like in the demo, thats very impressive! I will update you as soon i get more trades..

Have a nice day!

I'm starting to think that this guy is really some PR/Marketing guy from this broker.
It's a new / junior broker so they probably need this kind of PR.
Otherwise who sane would show his broker like this ?

smithfx1: Go elsewhere with Your PR.

Cinar: A lot of people are doing fine with full 8 trades or at least 4, so this advice is not that important.
I myself use 3 and 4 depending on the speed of the broker, in my opnion faster the broker, more SO You should have.

When the MDP user's find a new Broker that can be fit to MDP, too many users of this EA go there and open accounts. And if they select to open 8 orders, at last they lock the server... Imagine hundreds of MDP users in the same broker and thousands of orders opened at the same time and thousands of modification orders!!! So the server will kill! If the users do not select to open too many orders and they simply can rise their risk ratio is better...
Member Since Aug 16, 2010   453 posts
Jan 03, 2012 at 11:59
This Universal FX seems to be a shady place. There are different stories on FPA, but I actually sent an email to their support with few questions about regulation, segregation, execution, IB, MAM etc, most of general nature, but haven't seen any reply even though 2 weeks have passed.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 16, 2010   453 posts
Jan 03, 2012 at 12:01
Here is a problem with less orders and MDP: it's not only due to increasing risk but having more orders is a part of the strategy as it adds more orders when move is getting bigger and MDP calculates that probability of win is higher. So having 1-2 orders and actually increasing risk on them most likely will increase draw-downs in my opinion.


   mcymcy posted:
   

   crashev posted:
   

   smithfx1 posted:
   I now have a live Account with Universal FX but only with 5000€, but the first days are not bad and the execution is so fast like in the demo, thats very impressive! I will update you as soon i get more trades..

Have a nice day!

I'm starting to think that this guy is really some PR/Marketing guy from this broker.
It's a new / junior broker so they probably need this kind of PR.
Otherwise who sane would show his broker like this ?

smithfx1: Go elsewhere with Your PR.

Cinar: A lot of people are doing fine with full 8 trades or at least 4, so this advice is not that important.
I myself use 3 and 4 depending on the speed of the broker, in my opnion faster the broker, more SO You should have.

When the MDP user's find a new Broker that can be fit to MDP, too many users of this EA go there and open accounts. And if they select to open 8 orders, at last they lock the server... Imagine hundreds of MDP users in the same broker and thousands of orders opened at the same time and thousands of modification orders!!! So the server will kill! If the users do not select to open too many orders and they simply can rise their risk ratio is better...
Was mich nicht umbringt, macht mich stärker.
Member Since Dec 05, 2011   37 posts
Jan 03, 2012 at 13:27

   mcymcy posted:
   

   smithfx1 posted:
   I now have a live Account with Universal FX but only with 5000€, but the first days are not bad and the execution is so fast like in the demo, thats very impressive! I will update you as soon i get more trades..

Have a nice day!

Do not select 'max sim. order number' more than 2 . This is an very important advice .

Why do you think that is important? Sure 1 order is faster, but when the server is fast that not should be a problem, but i will see this.

@all others, I only show the broker because i want to share my trading with the community. And i try'd many brokers before and i don't have really huge profit with them.
Member Since Jul 30, 2011   17 posts
Jan 04, 2012 at 03:25
MDP looks sleeping what it has been for 2 months..

bcz of not good market conditions for MDP??
Have a pips filled day!!
Member Since Aug 16, 2010   453 posts
Jan 04, 2012 at 10:11
Not enough short-term volatility in the markets.
Was mich nicht umbringt, macht mich stärker.
Member Since Nov 26, 2011   126 posts
Jan 04, 2012 at 22:17
EURUSD webinar and screen sharing is now Live. For all those who would like to interact and share our charts You can join the free Group by following this link

https://www.anymeeting.com/eurusd1

Cheers to our success
My recommended Broker
Member Since Sep 04, 2009   879 posts
Jan 04, 2012 at 22:34

   MetaCoder posted:
   EURUSD webinar and screen sharing is now Live. For all those who would like to interact and share our charts You can join the free Group by following this link

https://www.anymeeting.com/eurusd1

Cheers to our success

First of all it looks like fishing for email addresses...
Member Since Nov 26, 2011   126 posts
Jan 04, 2012 at 22:40 (edited Jan 04, 2012 at 22:42)
Please Do not waste our time Here. Anymeeting.com is a Free Live Webinar and Screen Sharing service Provider. Just in case you do not know what is it


This is to help take trading to the next Level as it can be boring atimes Trading all alone.

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Member Since Dec 05, 2011   37 posts
Jan 05, 2012 at 10:44
Today MDP traded a few times and made some good money. Hope that MDP is working fine in the future and my broker don't try to scam me...
Member Since Dec 15, 2010   795 posts
Jan 05, 2012 at 16:33
Hurray, a new year and some small wins.....in the profit!
Click on my Name to see My Live Charts and Bio.
Member Since Aug 16, 2010   453 posts
Jan 05, 2012 at 16:34
yeap, and some good tests too.
Was mich nicht umbringt, macht mich stärker.
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