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
214,306 Views
3,872 Replies
Member Since Mar 04, 2011   286 posts
Sep 22, 2011 at 09:33
market is playing give retrace after hitting sl :$ or close orders
Press F1 for help or Dial 911.
Member Since Jun 15, 2011   270 posts
Sep 22, 2011 at 09:34
MDP seems to be death... I stopped all my accounts with it. In 2 days it cost me avery big loss.
Member Since Feb 19, 2010   54 posts
Sep 22, 2011 at 09:36
as i said maybe we all need to put a game over for a moment!!! or we may ended up as rootkit case😭
Not greedy is the most important factor on your FOREX sucsessfullness.
Member Since Jan 31, 2011   724 posts
Sep 22, 2011 at 09:36

   ruparaw posted:
   my simple question to all the expert here....if say in 2 to 3 months from now when most people kind of already left MDP, it is there will have a chance of it will be profitable again 😝

My guess is, it will only be profitable for the lucky few, and it will never be as profitable as it used to be. As people give up, new peeps will always be waiting in line to take their place. I still see people popping up that have just found out about MDP.
Make losses, but always come out a winner at the end.
Member Since Jan 31, 2011   724 posts
Sep 22, 2011 at 09:39

   mcymcy posted:
   MDP seems to be death... I stopped all my accounts with it. In 2 days it cost me avery big loss.

You probably did the smartest thing.
Make losses, but always come out a winner at the end.
Member Since Oct 20, 2010   75 posts
Sep 22, 2011 at 09:46

   ruparaw posted:
   my simple question to all the expert here....if say in 2 to 3 months from now when most people kind of already left MDP, it is there will have a chance of it will be profitable again 😝

No, HFT algos are already trained for MDP. MDP will never be profitable again.
My account
Member Since Jun 15, 2011   270 posts
Sep 22, 2011 at 09:52
My friends do not believe that MDP is useful. I 'll try it in the best brokers with the best execution times.

I tried it in ATC for $5000 account,
I tried it in the NORD FX $3000 account,
Alpari - uk($300) , ıam fx($200), pepperstone($2000)...etc

It's not profitable.
Do not waste your money.
I see that only the venvor is winning hundreds thousands of dollars.
Member Since Mar 04, 2011   286 posts
Sep 22, 2011 at 10:00
Well it seems that v120 is trading more trades with larger stops, v116 has a smaller SL so if price continues it can re-enter at a better price.

dont you think ?
Press F1 for help or Dial 911.
Member Since Sep 14, 2011   140 posts
Sep 22, 2011 at 10:00

   mcymcy posted:
   My friends do not believe that MDP is useful. I 'll try it in the best brokers with the best execution times.

I tried it in ATC for $5000 account,
I tried it in the NORD FX $3000 account,
Alpari - uk($300) , ıam fx($200), pepperstone($2000)...etc

It's not profitable.
Do not waste your money.
I see that only the venvor is winning hundreds thousands of dollars.

I DISAGREE. I started 10,000 $ live account at Pepperstone on Sep 5 and have 61% gain so far. It used to be even 87% but recently dropped, now I wil test another broker
Member Since Jul 13, 2011   25 posts
Sep 22, 2011 at 10:05
Just made more trades. All of them losers. Making this week a total failure. second week in a row actually. My broker's open and exit slip was under 10 until last week. Now there are both over 10. Is this normal?
Member Since Feb 19, 2010   54 posts
Sep 22, 2011 at 10:12

   leerees posted:
   

   ruparaw posted:
   my simple question to all the expert here....if say in 2 to 3 months from now when most people kind of already left MDP, it is there will have a chance of it will be profitable again 😝

No, HFT algos are already trained for MDP. MDP will never be profitable again.

yes u r right everything was explain in details here...https://en.wikipedia.org/wiki/Algorithmic_trading
Not greedy is the most important factor on your FOREX sucsessfullness.
Member Since Jun 15, 2011   270 posts
Sep 22, 2011 at 10:14

   lobotomy8 posted:
   

   mcymcy posted:
   My friends do not believe that MDP is useful. I 'll try it in the best brokers with the best execution times.

I tried it in ATC for $5000 account,
I tried it in the NORD FX $3000 account,
Alpari - uk($300) , ıam fx($200), pepperstone($2000)...etc

It's not profitable.
Do not waste your money.
I see that only the venvor is winning hundreds thousands of dollars.

I DISAGREE. I started 10,000 $ live account at Pepperstone on Sep 5 and have 61% gain so far. It used to be even 87% but recently dropped, now I wil test another broker

1 months ago i was also gain good. But it's finished now...:)
It's your choice go on and loose more. Some people likes loosing money. But i don't like.
Member Since Sep 14, 2011   140 posts
Sep 22, 2011 at 10:49

   mcymcy posted:
   

   lobotomy8 posted:
   

   mcymcy posted:
   My friends do not believe that MDP is useful. I 'll try it in the best brokers with the best execution times.

I tried it in ATC for $5000 account,
I tried it in the NORD FX $3000 account,
Alpari - uk($300) , ıam fx($200), pepperstone($2000)...etc

It's not profitable.
Do not waste your money.
I see that only the venvor is winning hundreds thousands of dollars.

I DISAGREE. I started 10,000 $ live account at Pepperstone on Sep 5 and have 61% gain so far. It used to be even 87% but recently dropped, now I wil test another broker

1 months ago i was also gain good. But it's finished now...:)
It's your choice go on and loose more. Some people likes loosing money. But i don't like.

It's your choice to keep virtual profit still on account, some people like it. But I don't like, I withdrew 60% of my profite, left 20% of profit there in if it drops to base, I quit. Keeping all virtual profits still running on account is simply stupid
Member Since Feb 09, 2011   320 posts
Sep 22, 2011 at 10:58
You people are all right. You should all stop using MDP, it will not work anymore.
So please all disable Your instances of MDP and move further. :)
Better to lose an oportunity than a money
Member Since Sep 22, 2011   10 posts
Sep 22, 2011 at 11:56
Anyone tested MDP with funky exit set to false??
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Sep 22, 2011 at 14:27 (edited Sep 22, 2011 at 14:28)
https://www.thinkforex.com/forex/fix-api-integration/

maybe this can be a solution.

--FIX/Currenex API is designed for the high speed quant trader and professionals who require the fastest execution and lowest latency possible for their order flow.


MT4 is part of the problem and the mt4 servers are the other problem.

Member Since Sep 14, 2011   140 posts
Sep 22, 2011 at 16:11
my result today: 3 trades, 1 pip profit :)
Member Since Dec 15, 2010   795 posts
Sep 22, 2011 at 16:17
And leave all the MDP trading to the rest of us.... good ideal...lol, smile.

   crashev posted:
   You people are all right. You should all stop using MDP, it will not work anymore.
So please all disable Your instances of MDP and move further. :)
Click on my Name to see My Live Charts and Bio.
Member Since Dec 15, 2010   795 posts
Sep 22, 2011 at 16:20
Yes, Im sure more people willl be looking at MDP as it quickly approaches One Million and then beyond. I predict that it will double every 2 months on its Demo account. Real world trades are not the the same but can be profitable if your careful and not to greedy.

Garry


   fughe posted:
   

   ruparaw posted:
   my simple question to all the expert here....if say in 2 to 3 months from now when most people kind of already left MDP, it is there will have a chance of it will be profitable again 😝

My guess is, it will only be profitable for the lucky few, and it will never be as profitable as it used to be. As people give up, new peeps will always be waiting in line to take their place. I still see people popping up that have just found out about MDP.
Click on my Name to see My Live Charts and Bio.
Member Since Jan 31, 2011   724 posts
Sep 22, 2011 at 19:27
Well, there is finally a GBPUSD mdp demo posted, but the trade history is private. Which kind of sucks cause now we can't tell how it is trading. All we can do is watch the equity curve. The secrecy makes me very leary of even testing the system.
Make losses, but always come out a winner at the end.
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