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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

geektrader
Nov 21 2011 at 19:55
153 posts
How could that explain the difference, they BOTH use IBFX as you see in RiffRaff´s account and in Loo´s screenshot.

lobotomy8
Nov 21 2011 at 20:26
140 posts
what a f...ing day, 16% loss on my account. all trades negative

Alec
Nov 21 2011 at 20:27
91 posts

   geektrader posted:
   How could that explain the difference, they BOTH use IBFX as you see in RiffRaff´s account and in Loo´s screenshot.

Hey guys, new here.

It seems RiffRaff was the only one with positive results today.

Loo apparently uses IBFX Australia. Could that explain the difference to RiffRaff?

Cheers

fughe (fughe)
Nov 21 2011 at 20:48
724 posts
There is a 99% chance that it is due to not catching all the trades. Luck of the draw. This would be one of those times were not having the fastest account plays in your favor.

Make losses, but always come out a winner at the end.
kimleow
Nov 21 2011 at 21:35
119 posts
!!ouch!! looks like this is going to be a more interesting week!

DEMO doesn't count - go live or go home - ?a_aid=112256
lobotomy8
Nov 21 2011 at 22:04
140 posts
We can expect important news tomorrow ref US debt, maybe it would be better to switch MDP off ?

mcymcy (mcymcy)
Nov 21 2011 at 22:10
270 posts

   mcymcy posted:
   Is there anyone knows about the 'additional channels' setting? It write's that it will safely increase the trading frequency. Is it really 'safely' increase? Because in these kind of situations there's too many orders open and close very quick and the loss could be very high. When it's winning i see that it's not very important to make it high (8). But when loosing : the loss could be very big...

If anyone can make a legitimate comment about that setting, i'll be glad...


No body to make comment about this?

mistificator (mistificator)
Nov 22 2011 at 06:43
453 posts
It's more about entering extra trades when spike continues and there are some trades already open. If spike goes on and on it will create more loss, but in most cases it will let you win back some from these first initial trades. If spike reverses fast MDP will not enter much of the extra trades. This is from my experience.

Also it works together with max orders settings. And it might be dangerous as it slows down execution and modification of opened trades and in result when in a bad trade MDP might not be able to adjust SL fast enough which will lead to extended losses.

I personally use channels set to 1 which is default. When I used 4 it was taking too much risky trades and lose even when others won.

Was mich nicht umbringt, macht mich stärker.
kirbi
Nov 22 2011 at 07:13
15 posts
Guys, sorry for offtopic, but does anybody has some scalping algos? i mean sun one wich broker freez. Please answer PM. thank you. Also i m finding XAUEUR scalping EA.

p.s. today just start to trade MDP and get the same loss. Think it will be ok soon. Today was strange market for all my traders.

kirbi
Nov 22 2011 at 07:13
15 posts
is it good to have 600-700ms execution time as i see in MDP log?

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