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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

Fred_Forex
Apr 03 2012 at 19:07
117 posts
@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

Kaptain
Apr 03 2012 at 19:10
55 posts
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.

Plan your trade, trade your plan
allplayfawdray
Apr 03 2012 at 19:11
32 posts
Sh@t month -30% for march/april

Dar Verer (mistificator)
Apr 03 2012 at 19:14
453 posts
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.


   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.
Professor53
Apr 03 2012 at 22:27
795 posts
Losses today,MDP didnt retrace properly... frown.

Click on my Name to see My Live Charts and Bio.
kimleow
Apr 03 2012 at 22:57
119 posts
Same here - I got drilled

DEMO doesn't count - go live or go home - ?a_aid=112256
moneytalks
Apr 04 2012 at 02:38
40 posts
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!

Dar Verer (mistificator)
Apr 04 2012 at 06:57
453 posts
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.
Kaptain
Apr 06 2012 at 12:58
55 posts
A mixed bag of losses and gains for almost a break even trade. I wish I had signed up for rebates!

I had lowered the risk to 1.5 % on both accounts.

Plan your trade, trade your plan
Fred_Forex
Apr 06 2012 at 13:06
117 posts
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

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