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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
210,822 Views
3,872 Replies
Member Since Jan 31, 2011   724 posts
Jan 20, 2012 at 20:33
Unfortunately, that is the cost of hackers ripping the software vendors off. They have to charge more to ensure they hit their profit goal before the hackers find a way to steal it from them and make available to everyone for free.
Make losses, but always come out a winner at the end.
Member Since Sep 14, 2011   140 posts
Jan 20, 2012 at 21:33
fughe, are you paid by William ?
Member Since Sep 14, 2011   140 posts
Jan 20, 2012 at 21:41
if he introduced a new robot, it may mean that MDP is dead...
Member Since Jun 15, 2011   270 posts
Jan 20, 2012 at 21:45
If it's good he must share a live account!
ibthescottyb
forex_trader_20011
Member Since Oct 08, 2010   407 posts
Jan 20, 2012 at 21:45 (edited Jan 20, 2012 at 21:47)
I took the plunge and gave it a try. Real account stats for MDP as well as Demo Account stats for FFm on on my page. It didnt start off too well, but I didnt get it running until last night.

fughe - I had to turn off anti-virus to get mine to initialize. Ran fine afterwards. AVG kept popping up with a 'threat detected' signal from the FFM .dll file. May have to use different AV on server that an exception can be created.

Will go live at the beginning of the month if stats pickup...if not..well, that's why there is a 30 day MBG. Never buy an EA without it.
Member Since Jan 31, 2011   724 posts
Jan 20, 2012 at 21:45

   lobotomy8 posted:
   fughe, are you paid by William ?

I wish! That would be awesome. But to answer your question, no.
Make losses, but always come out a winner at the end.
Member Since Nov 30, 2010   45 posts
Jan 20, 2012 at 21:47
I have buy this robot just now, will try it from Monday. Keep posted here, i will publish result on new Myfxbook
Member Since Jan 31, 2011   724 posts
Jan 20, 2012 at 21:48

   ibthescottyb posted:
   I took the plunge and gave it a try. Real account stats for MDP as well as Demo Account stats for FFm on on my page. It didnt start off too well, but I didnt get it running until last night.

fughe - I had to turn of anti-virus to get mine to initialize. Ran fine afterwards. AVG kept popping up with a 'threat detected' signal from the FFM .dll file. May have to use different AV on server that an exception can be created.

FFM and CNS got together and sorted out the problem. i was briefly able to get it activated right before my broker stopped sending ticks. Still no sign of it working on my home pc, which is a necessity because i won't run it live unless I can see it work in a tick data backtest. I want to know how and why it trades before I am willing to risk money on it.
Make losses, but always come out a winner at the end.
ibthescottyb
forex_trader_20011
Member Since Oct 08, 2010   407 posts
Jan 20, 2012 at 21:53

...because i won't run it live unless I can see it work in a tick data backtest. I want to know how and why it trades before I am willing to risk money on it.

Always a wise move.
Member Since Sep 14, 2011   140 posts
Jan 20, 2012 at 21:54
William is selling another 'cristal ball' based on back tests only.
Are we all stupid and believe that this bot can generate 300,000,000 $ of profit ? hahaha..... so naive...
ibthescottyb
forex_trader_20011
Member Since Oct 08, 2010   407 posts
Jan 20, 2012 at 21:57
I gave up on getting 'millions' in profits years ago. But, nice steady profits. I'm content with that. MDP has done that so far, if this one does too...I'm ok with it. If not, buh-bye like many more before it.
Member Since Jan 31, 2011   724 posts
Jan 20, 2012 at 22:04 (edited Jan 20, 2012 at 22:05)

   lobotomy8 posted:
   William is selling another 'cristal ball' based on back tests only.
Are we all stupid and believe that this bot can generate 300,000,000 $ of profit ? hahaha..... so naive...

Any of us who have experience in the markets know that this will NOT happen. What WE are hoping for is a system that will generate a stable return of 10%/month without unnecessary risk. 😀 If it is showing the capacity to make $299,999,000 in that short a time, AND it isn't a high speed scalper.....there is a good chance it might be able to get a 10%/month return.
Make losses, but always come out a winner at the end.
Member Since Aug 20, 2011   588 posts
Jan 20, 2012 at 22:06

   lobotomy8 posted:
   William is selling another 'cristal ball' based on back tests only.
Are we all stupid and believe that this bot can generate 300,000,000 $ of profit ? hahaha..... so naive...
maybe not so much, but some thousands yes. we'll see in 5 years from now ;)
and you why are you here? to make money or not?
Member Since Nov 03, 2011   119 posts
Jan 20, 2012 at 23:24
One thing I hate is the use of Max DD and not relative DD..... the relative DD is much much higher over 30% in some tests..... so if you get 2-3 pairs in a draw down at the same time and you are dead....
DEMO doesn't count - go live or go home - ?a_aid=112256
Member Since Feb 09, 2011   320 posts
Jan 20, 2012 at 23:35
And when You get it, make backtests, people on other forums report that ffm backtests are fake.
Better to lose an oportunity than a money
Member Since Sep 14, 2011   140 posts
Jan 20, 2012 at 23:42
of course they are. MDP's and FFM's as well. 90% modelling quality is not sufficient to prove it's working
Member Since Sep 14, 2011   140 posts
Jan 20, 2012 at 23:44

   willgart posted:
   

   lobotomy8 posted:
   William is selling another 'cristal ball' based on back tests only.
Are we all stupid and believe that this bot can generate 300,000,000 $ of profit ? hahaha..... so naive...
maybe not so much, but some thousands yes. we'll see in 5 years from now ;)
and you why are you here? to make money or not?

Of course, I'm here for the same reason. But I don't trust it. Why we can't see the real account results ? Another f....ing demo with profit promises nobody can realize ?
Member Since Dec 15, 2010   795 posts
Jan 20, 2012 at 23:59
Im holding my breath on williams new EA. I can hope for the best. Does this new EA have a forum online here? Can someone share its link ?
Click on my Name to see My Live Charts and Bio.
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Jan 21, 2012 at 11:20
This is why ive been delayinggetting on the band waggon - if they have 88,000 users as they stated in the past they have more than enough money to use it on a real account - so there is a logical reason why they arent surely... i.e. they know it isnt as good on real?
Member Since Feb 09, 2011   320 posts
Jan 21, 2012 at 12:47

   lobotomy8 posted:
   Of course, I'm here for the same reason. But I don't trust it. Why we can't see the real account results ? Another f....ing demo with profit promises nobody can realize ?

This time it's worse as there is no even Vendor's demo account :).

So we have to wait for forward tests made by many users who bought it.
It will take some months to gather data.
Better to lose an oportunity than a money
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