Million Dollar Pips (By milliondpips)
| Gain : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Won: |
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| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Automated |
Million Dollar Pips Discussion
Apr 03, 2012 at 18:45
greglegrande posted:
Lost 44 pips. Still trading 1.1.6. I have about had it. In Feb I made +346 pips. In March I lost -75. And now April has started poorly. Beginning of the end of MDP? Of course when their MDP demo is not making money what chance does my real account have.
Guys, don't worry - you will give all your profits back, and more... :) MDP and brokers work like that
Member Since Aug 16, 2010
450 posts
Apr 03, 2012 at 18:58
I was sitting this trade live and was interfering heavily closing trades by the script. In the end I lost 3.6 pips but with 24 trades and commissions around 0.7 pips per trade both ways, add 16.8 pips in costs, i.e. 20 pips loss.
Market wasn't pulling back hard, I noticed this pattern since late October last year. It got betting in January and early February but then small-pullback was back on track.
Market wasn't pulling back hard, I noticed this pattern since late October last year. It got betting in January and early February but then small-pullback was back on track.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 15, 2011
117 posts
Apr 03, 2012 at 19:07
@lobotomy8: I hope you can see in the future!
@Misty: I also saw most of the trades happening and being positive for some time, mostly. But if you close them manually too early you might also have smaller gains. But today you were right. I was waiting for the positive trades to gain back the losses, but they did come too late today to save the day. 😞
Again 1st account took the biggest losses. Let's see what the rest of the week will bring.
Fred
@Misty: I also saw most of the trades happening and being positive for some time, mostly. But if you close them manually too early you might also have smaller gains. But today you were right. I was waiting for the positive trades to gain back the losses, but they did come too late today to save the day. 😞
Again 1st account took the biggest losses. Let's see what the rest of the week will bring.
Fred
Apr 03, 2012 at 19:10
I do not think it is the fault of MDP or the brokers. You can see wins and losses accross many brokers yes some variance due to settings here and there and broker preformance adds to the variance. But over all the theme or general pattern is the same.
So I conclude that the market at the moment is just not compatible with making pips out of retraces. It is either pushing up or down hard. Not looking back.
The dollar was at play here not the Euro. If you recall back in the summer it was the Euro crisis that was the catalyst of reluctant movents that MDP thrives on.
So I conclude that the market at the moment is just not compatible with making pips out of retraces. It is either pushing up or down hard. Not looking back.
The dollar was at play here not the Euro. If you recall back in the summer it was the Euro crisis that was the catalyst of reluctant movents that MDP thrives on.
Plan your trade, trade your plan
Member Since Oct 08, 2011
32 posts
Apr 03, 2012 at 19:11
Sh@t month -30% for march/april
Member Since Aug 16, 2010
450 posts
Apr 03, 2012 at 19:14
You are quite right here. However brokers performance can turn a nice win into a small loss and small loss into a disaster.
I agree that MDP at the moment struggles and markets aren't right for it. I will probably shut it down till the NFP.
I agree that MDP at the moment struggles and markets aren't right for it. I will probably shut it down till the NFP.
Kaptain posted:
I do not think it is the fault of MDP or the brokers. You can see wins and losses accross many brokers yes some variance due to settings here and there and broker preformance adds to the variance. But over all the theme or general pattern is the same.
So I conclude that the market at the moment is just not compatible with making pips out of retraces. It is either pushing up or down hard. Not looking back.
The dollar was at play here not the Euro. If you recall back in the summer it was the Euro crisis that was the catalyst of reluctant movents that MDP thrives on.
Was mich nicht umbringt, macht mich stärker.
Member Since Dec 15, 2010
784 posts
Apr 03, 2012 at 22:27
Losses today,MDP didnt retrace properly... frown.
Click on my Name to see My Live Charts and Bio.
Member Since Aug 03, 2011
40 posts
Apr 04, 2012 at 02:38
(edited Apr 04, 2012 at 02:39)
I used mdp 1.16 last year and made some nice profits until the end of october, but then mdp started to go sideways.
Eversince I stopped using the original version.
Nevertheless I like the trading style of this EA, so I found someone who was able to code an EA for me, that is producing profits where mdp started to lose.
This is no offer and this EA is not for sale, so do not ask for it, because I will delete any request for this EA!
I just wanted to let you know, that the basic idea of this EA is great, but the way mdp is handling it, is wrong!
Eversince I stopped using the original version.
Nevertheless I like the trading style of this EA, so I found someone who was able to code an EA for me, that is producing profits where mdp started to lose.
This is no offer and this EA is not for sale, so do not ask for it, because I will delete any request for this EA!
I just wanted to let you know, that the basic idea of this EA is great, but the way mdp is handling it, is wrong!
Member Since Aug 16, 2010
450 posts
Apr 04, 2012 at 06:57
Market has changed, there are profitable patterns but the parameters are different now. Nothing works forever. I still plan to use MDP but perhaps only during news releases and under supervision. Yesterday was supposed to be a great day but it was not. Too bad.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 15, 2011
117 posts
Apr 06, 2012 at 13:06
Mixed results here as well, but mostly gains after all. Reduced the risk on IBFX from 3 to 2, so only 1.1 % gain. + 4 % on 2nd account (risk=3), but 2 % loss on 4th (not published).
MDP seem to be on track again?!
Cheers
Fred
MDP seem to be on track again?!
Cheers
Fred
Member Since Feb 28, 2012
29 posts
Apr 06, 2012 at 13:19
(edited Apr 06, 2012 at 13:31)
Damn, MDP simply stopped working 😞 Metatrader worked like it should but MDP just stopped without any sign, only the numbers didn't change anymore. So no trade for me today 😞
It's like a curse, on the days with the big losses MDP did work and now when it would have made a small profit it doesn't work.
It's like a curse, on the days with the big losses MDP did work and now when it would have made a small profit it doesn't work.
To become old and wise you have to be young and stupid first.
Apr 06, 2012 at 16:16
Apr 06, 2012 at 18:54
Member Since Apr 30, 2010
34 posts
Apr 07, 2012 at 04:32
milliondollarsman need $99 US ..
keep on running
Member Since Jan 14, 2010
411 posts
Apr 07, 2012 at 20:57
Attachments:
Money makes more money $ ... $$$
Apr 07, 2012 at 21:11
ooohhh... I see
you are jaleous... you didn't have the same number of posts :)
and none positive...
doing a quick search on the internet with these keywords: "premival scam"
and the content of the first page in the result:"
We haven't tried the EA from Primeval-EA.com. If you've let this software trade forex for you, please leave a review here.
UPDATE: The FPA now has begin Performance Tests of this EA on 2 LIVE accounts. Please click the link towards the upper left to follow the results.
UPDATE 2: Both live accounts have stopped. There is a demo account now set up for testing version 2.1.
UPDATE 3: All testing stopped. Primeval's owner banned from the FPA's forums for continued unprofessional conduct."
the second post in the page is funny too... :)
https://www.forexpeacearmy.com/public/review/www.primeval-ea.com
if you dislike comments about your EA, don't comment other's EA.
spend your time in creating a good EA instead of spaming here.
you are jaleous... you didn't have the same number of posts :)
and none positive...
doing a quick search on the internet with these keywords: "premival scam"
and the content of the first page in the result:"
We haven't tried the EA from Primeval-EA.com. If you've let this software trade forex for you, please leave a review here.
UPDATE: The FPA now has begin Performance Tests of this EA on 2 LIVE accounts. Please click the link towards the upper left to follow the results.
UPDATE 2: Both live accounts have stopped. There is a demo account now set up for testing version 2.1.
UPDATE 3: All testing stopped. Primeval's owner banned from the FPA's forums for continued unprofessional conduct."
the second post in the page is funny too... :)
https://www.forexpeacearmy.com/public/review/www.primeval-ea.com
if you dislike comments about your EA, don't comment other's EA.
spend your time in creating a good EA instead of spaming here.
primevalea posted:
