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
214,088 Views
3,872 Replies
Member Since Aug 16, 2010   453 posts
Sep 05, 2011 at 17:20
I now run NO=0 and no orders today
Was mich nicht umbringt, macht mich stärker.
Member Since Jan 14, 2011   25 posts
Sep 05, 2011 at 18:54
The Execution speeds are actually a bit worse than I thought on my hotforex VIP account,
I compared Thinkforex to Hotforex, they are both on separate VPS servers getting 3ms and 7ms respectively

Thinkforex is getting Avg. Execution time of 4413ms and Hotforex is getting 6298ms
Thinkforex is getting Avg. Open Time of 5486ms and Hotforex is getting 23018ms !!!!
Thinkforex is getting Avg. Modify time of 3678ms and Hotforex is getting 2999ms (in this case Hotforex is slightly better)
Hotforex is also better for requotes at only 0.02 instead of 0.36 but this isn’t a big problem
So as you can see execution and open times are quite far apart causing hotforex to lose money on this EA and Thinkforex to make money…

I'm waiting for a reply from hotforex after they look into it, my VPS for Hotforex is located in the UK and I believe the Hotforex servers are located in Amsterdam.... perhaps it would be worth changing VPS providers to Hostplate who are also located in Amsterdam.. any thoughts? could this be effecting execution speed even though my existing VPS provider lists a 7ms latency from the UK VPS to Hotforex?
Member Since Jan 14, 2011   25 posts
Sep 05, 2011 at 19:28
anyone, running MDP with Hotforex would do well to check out this forum: https://www.donnaforex.com/forum/index.php?topic=2904.1035 it outlines some very real issues with hotforex and latency issues, I believe this is due to their server hosting company Webazilla who I've heard are a powerfully average at best....
Member Since Jan 31, 2011   724 posts
Sep 05, 2011 at 21:38

corporatemonkey posted:
    The Execution speeds are actually a bit worse than I thought on my hotforex VIP account,
I compared Thinkforex to Hotforex, they are both on separate VPS servers getting 3ms and 7ms respectively

Thinkforex is getting Avg. Execution time of 4413ms and Hotforex is getting 6298ms
Thinkforex is getting Avg. Open Time of 5486ms and Hotforex is getting 23018ms !!!!
Thinkforex is getting Avg. Modify time of 3678ms and Hotforex is getting 2999ms (in this case Hotforex is slightly better)
Hotforex is also better for requotes at only 0.02 instead of 0.36 but this isn’t a big problem
So as you can see execution and open times are quite far apart causing hotforex to lose money on this EA and Thinkforex to make money…

I'm waiting for a reply from hotforex after they look into it, my VPS for Hotforex is located in the UK and I believe the Hotforex servers are located in Amsterdam.... perhaps it would be worth changing VPS providers to Hostplate who are also located in Amsterdam.. any thoughts? could this be effecting execution speed even though my existing VPS provider lists a 7ms latency from the UK VPS to Hotforex?

Those are some of the worst times I have ever seen anywhere under any conditions. You would be better off with my old broker, FXOpen.
Make losses, but always come out a winner at the end.
Member Since Jan 31, 2011   724 posts
Sep 05, 2011 at 23:39
Wow....I just looked at the demo account. It seems that my God has yet again defended me against massive losses. Now I am glad for seemingly irrational delays that kept happening while trying to get my new account set up to trade!
Make losses, but always come out a winner at the end.
Member Since Dec 15, 2010   795 posts
Sep 05, 2011 at 23:42
demo acocunts win... reall live in my 4 live accounts, all lost.....
 This is Monday labor day here in USA, and I had losses on 4 live acocunts... a large number of trades... its trying...
I havent giving up on MDP. It normally wins over a weeks time.


Click on my Name to see My Live Charts and Bio.
forex_trader_12567
Member Since May 29, 2010   276 posts
Sep 05, 2011 at 23:45
which date demo win and all live account lost? if it's about Sept 5,2011, both got lost.
Member Since Dec 15, 2010   795 posts
Sep 05, 2011 at 23:46
September 5 was this am for me in hawaii
Click on my Name to see My Live Charts and Bio.
forex_trader_12567
Member Since May 29, 2010   276 posts
Sep 05, 2011 at 23:54
so, which demo account all you guys talking? this one -> https://www.myfxbook.com/members/milliondpips/million-dollar-pips/114107

it's going down too.. CMIIW
Member Since Jan 31, 2011   724 posts
Sep 06, 2011 at 02:11

aryaforex posted:
    so, which demo account all you guys talking? this one -> https://www.myfxbook.com/members/milliondpips/million-dollar-pips/114107

it's going down too.. CMIIW

That is the main demo account from MDP and is the one I was referring to.
Make losses, but always come out a winner at the end.
Member Since Dec 08, 2010   66 posts
Sep 06, 2011 at 02:16

Professor53 posted:
    Dont worry about trades or not. Remember the old forex saying... Its best to trade smart than to trade often and lose. Not all of us can be rocketscientist. heheheheh I also check the mdp main trade page to look for trades made before I check my own vps. saving me a few steps and clicks. I havent had any trades since sunday night ( hawaii time).

Heres the link

https://www.milliondollarpips.com


Aloha to all.
May the pips be with you......... big grin.

can you please share with me your broker and VPS and is MDP workign for you
Member Since Dec 08, 2010   66 posts
Sep 06, 2011 at 02:34
ANYONE ANYONe


I am still looking for the right broker and and right VPS for live account.. Can someone share with me a proven combination !!!

much appericated !!!!!!!!!!!!!1
forex_trader_12567
Member Since May 29, 2010   276 posts
Sep 06, 2011 at 02:45
krana posted:
    ANYONE ANYONe


I am still looking for the right broker and and right VPS for live account.. Can someone share with me a proven combination !!!

much appericated !!!!!!!!!!!!!1

hahahahaha... krana, this is not a live chat... so please be patient :)
me, ibfx at swvps.. professor53 knows this colaboration is better than his own.
Member Since Jan 31, 2011   724 posts
Sep 06, 2011 at 02:57

krana posted:
    ANYONE ANYONe


I am still looking for the right broker and and right VPS for live account.. Can someone share with me a proven combination !!!

much appericated !!!!!!!!!!!!!1

Depends on where you live and how much money you have. I recommend FinFX and Pepperstone. I recommend asking the brokers which VPS their clients are getting the best performance from.
Make losses, but always come out a winner at the end.
Member Since Mar 04, 2011   286 posts
Sep 06, 2011 at 05:24

fughe posted:
    
krana posted:
    ANYONE ANYONe


I am still looking for the right broker and and right VPS for live account.. Can someone share with me a proven combination !!!

much appericated !!!!!!!!!!!!!1

Depends on where you live and how much money you have. I recommend FinFX and Pepperstone. I recommend asking the brokers which VPS their clients are getting the best performance from.

thats the 100% correct answer.
how to chose the broker and VPS
Press F1 for help or Dial 911.
Member Since Aug 20, 2011   588 posts
Sep 06, 2011 at 06:39
I did not starts any trades today, while the demo account and some other real accounts displayed some trades! I'll try IrisFX...
Member Since Aug 28, 2011   5 posts
Sep 06, 2011 at 06:42
At this point, you're almost better placing 25 pip stop and limit orders in both directions on your EURUSD 1-minute charts yourselves. If the market spikes in either direction, your order is filled. You place about a 7-10 pip stop loss on the order. If we could program a robot to do that, and update the stop and limit orders every minute, we'd basically have something similar. Since Williams Bot is placing multiple trades, that's where I think the money is being lost. The systems can't keep up with multiple orders milliseconds apart from one another.
Member Since Aug 28, 2011   5 posts
Sep 06, 2011 at 06:42
If we did program a Bot like the one I just mentioned, you'd only get one good trade out of it. However, if you were to place that Bot on mulitiple live accounts, the result would/should be the same on all of them... Less hang time for the individual trading systems. Has anyone heard of a scalping Bot that does this?
Member Since Mar 04, 2011   286 posts
Sep 06, 2011 at 08:16
yaaaaaaaaaaaaaaaa did you got plus trades :D

Press F1 for help or Dial 911.
Member Since Jun 15, 2011   270 posts
Sep 06, 2011 at 09:02
Hi,

I opened an razor account 5 weeks ago. At first time i had got 400-600ms average execution times. And i had small gains. Then they change the server of the broker to USA and the execution times fly to 1700-3000ms!!! And so the gain finished... For example today i had too many orders but there's no gain and small looses...
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.