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
217,635 Views
3,872 Replies
Member Since Oct 08, 2011   32 posts
Feb 14, 2012 at 07:49
I think you totally miss the point. So what about the Marketing ? any one who BELIEVES it will make that much money it is a fool to begin with, and you know what they say about fools and their money - they should never have been together in the first place. Any FOOL that is willing to throw an initial investment to purchase the product without first undstanding the risks of loosing their investment to some internet scammer, and if its not loosing the $99-their hard earned cash to the markets.

Those who can cut through the crap and look at it for what it is - a trading system that,given the right conditions could make money over time.

Sure, william and his team have no doubt made a whole lot of money selling it - but if the colective is seeing profits like i am - then they have made US a whole lot more money than they have made !
Member Since Jan 26, 2012   2 posts
Feb 14, 2012 at 13:15
MDP Doesn't Work!!

i want my money back.. and he doesnt give my money back...

HE IS VERY LIE PERSON!!
GUY DONT BUY IT.. DONT WASTE YOUR TIME AND MONEY!
Member Since Aug 31, 2011   44 posts
Feb 14, 2012 at 13:33
That right its doesnt work... Just move along
Member Since Feb 09, 2011   320 posts
Feb 14, 2012 at 13:39

   vtm09jp posted:
   MDP Doesn't Work!!

i want my money back.. and he doesnt give my money back...

HE IS VERY LIE PERSON!!
GUY DONT BUY IT.. DONT WASTE YOUR TIME AND MONEY!

I agree, it's total waste of money. Better look for other EA, this one will only blow Your account.

Better to lose an oportunity than a money
BenjaminNathan
forex_trader_59739
Member Since Jan 14, 2012   59 posts
Feb 14, 2012 at 13:58
I got my refund straight away when I asked.... although i wouldn't say its a bad EA as such, for plug in and go yes its terrible, but if you have the time and money to play around with different brokers and loads of different settings then like others on here youll make profits overall ? I just didnt have the time to do all of that so got a refund instead.
Member Since Feb 09, 2011   320 posts
Feb 14, 2012 at 14:46
btw. I still have license of MDP for sell, anyone interested ? :)
Better to lose an oportunity than a money
Member Since Aug 15, 2011   117 posts
Feb 15, 2012 at 13:50
2 waves of trades lately, 1st broker -16.5 pips total, 2nd broker -35.3. Performance has deteriorated on 2nd broker 😞
Member Since Mar 08, 2011   51 posts
Feb 15, 2012 at 15:56
I suspect your second broker is IBFX (?) then I must say I tried them, even on demo the give 4000 ms order modification... which is worse than manual management. Also their spread is at least 1.9 pip and that's to big for a MDP's users profit split.
Member Since Aug 15, 2011   117 posts
Feb 15, 2012 at 16:38
It is not a secret (see my profile), that my 1st broker is IBFX, it works fine. 2nd broker is hidden, because it used to be even better.

Did anybody have positive or less negative results today?
Member Since Jun 15, 2011   270 posts
Feb 15, 2012 at 17:07
I have 2 accounts: 1 is steady and 2. is loss...
NewMillenniumInc
forex_trader_2825
Member Since Nov 09, 2009   131 posts
Feb 15, 2012 at 17:18

   Fred_Forex posted:
   It is not a secret (see my profile), that my 1st broker is IBFX, it works fine. 2nd broker is hidden, because it used to be even better.

Did anybody have positive or less negative results today?
Hi Fred,

I think some made some pips, and some lost some on that spike, and it didnt recoil quick enough to allow for a big gain. I note that even the official FWD demo is down today, so it was tough going.

Some real money accounts in early testing using this MDP entry style multi currency EA made some positive pips today though https://www.myfxbook.com/members/NewMillenniumInc/nmi-super-scalper/207694 (and so of course this demo).

But you how the story goes, find yourself some good feed, understand the issue of slip, give it a little while and you'll increase your odds of a positive experience with MDP.

Cheers, Adam :)
Member Since Oct 08, 2011   32 posts
Feb 15, 2012 at 19:50
Thankyou FOCM
Member Since Dec 22, 2011   18 posts
Feb 15, 2012 at 20:19
In the last weeks I have tested 4 brokers. With 2 I had succes. Today 4,3% The problem: it was a demo. With 0 slipage. With the live account would this be more. The main problem for me: MDP can only be tested on one demo account at same time. This takes many time.
Member Since Aug 17, 2011   20 posts
Feb 15, 2012 at 21:26
yes true it doesnt work mine missed alot of the winning trades ,
live and let die
Member Since Feb 09, 2011   320 posts
Feb 15, 2012 at 21:26
marsie: I have 1 MDP license for sell below the market price, if You had 2 licenses You could use one for trading and one for testing. Send me private message if You are interested.
Better to lose an oportunity than a money
Member Since Aug 15, 2011   117 posts
Feb 15, 2012 at 21:48
Now two more trades on 1st account, that makes my result positive for the day! Great!
Member Since Dec 15, 2010   795 posts
Feb 15, 2012 at 23:39 (edited Feb 15, 2012 at 23:40)
Some members had wins and some had loss. Avg was 2 to 5 trades. A few didnt have any trades at all. Seems like the big losses have stopped.
Click on my Name to see My Live Charts and Bio.
Member Since Nov 15, 2011   1 posts
Feb 16, 2012 at 09:32
hi guys

if i turn on use_stop_order=true
i have mesage Use_stop_order is not valid,stoplevel(0.00030)should not be greater than 0.00020
what thats mean?
NewMillenniumInc
forex_trader_2825
Member Since Nov 09, 2009   131 posts
Feb 16, 2012 at 09:49
Hi Titanium,

You'll be needing another broker (or different acct at your current broker) who's minimum stop's distance is 0.00020 (2 pips) or less.

Basically, MDP needs to be able to place/modify order at a max distance of 2 pip from the price.

I experience same issue with my EA.... https://www.myfxbook.com/members/NewMillenniumInc/nmi-super-scalper/207694 at other brokers. Much improved perfromance is seen when clearances of under 2 pips are used.

Plenty of broker do 0 pips stops limits, but 2 pips should be fine too. Anything more, and almost not a chance you'll see success with this type of system.

Cheers, Adam :)
Member Since Feb 16, 2012   1 posts
Feb 16, 2012 at 13:03
on which the broker is profitable?
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