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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

cusber
Jan 18 2012 at 13:11
46 posts

   jannie posted:
   

   mcymcy posted:
Pls share your accounts in here. It's easy to talk with no share!


I dont have to share nothing... enough people here have seen my accounts grow over the last 4 months,
but I have removed them for personal reasons.

But in good faith I am going to share one of these account... Acc 1 of todays trades...

Select custom analysis and select date rage for TODAY only, cause I use this account for mixed trading and testing stratagies...

you can check the comments to see which are MDP...

 


Nice curve!! :) if you turn your head upside down it blows the sky!!!....don't worry, we almost all have been here :) thank you for sharing

mistificator (mistificator)
Jan 18 2012 at 13:19
453 posts
Iamfx does not look good too..


https://www.forexpeacearmy.com/public/review/www.iamfx.com

Was mich nicht umbringt, macht mich stärker.
smithfx1
Jan 18 2012 at 13:25
37 posts

   mistificator posted:
   Iamfx does not look good too..


https://www.forexpeacearmy.com/public/review/www.iamfx.com


Yes, Iamfx playing dirty tricks and try to scam you. And the spreads are not really tight.

And unifx is not a white label of acm, i think the webmaster of FPA made a mistake. But i see there are not many reviews but thats a good sign, most reviews are when peoples having problems like at the iamfx review...

mistificator (mistificator)
Jan 18 2012 at 13:38
453 posts
Do you know their FSC BVI license number? Just trying to make sure money are safe with them. I found they are self-regulated with ARIF but a proper regulation would be great.

Was mich nicht umbringt, macht mich stärker.
smithfx1
Jan 18 2012 at 14:33
37 posts
No, sorry i don't know they'r number. Maybe they just applying? dont know...

But im a fx trader since 4 years and i have accounts with many regulated brokers, but the most of them are Market Makers.. And one time i had trouble with a broker and i contacted the regulation, but when the money is away you can do nothing. A regulation helps you nothing. Only in the USA the clients have CFTC and they sue all brokers who accept US clients.

Anyway FX should be better regulated as today, because there are many bucket shops out there!

mistificator (mistificator)
Jan 18 2012 at 15:18
453 posts
...

Was mich nicht umbringt, macht mich stärker.
mistificator (mistificator)
Jan 18 2012 at 15:23
453 posts

   smithfx1 posted:
   No, sorry i don't know they'r number. Maybe they just applying? dont know...

But im a fx trader since 4 years and i have accounts with many regulated brokers, but the most of them are Market Makers.. And one time i had trouble with a broker and i contacted the regulation, but when the money is away you can do nothing. A regulation helps you nothing. Only in the USA the clients have CFTC and they sue all brokers who accept US clients.

Anyway FX should be better regulated as today, because there are many bucket shops out there!


Actually I had troubles with different brokers and in most acute cases a strong letter with a reference to go to their regulating authority with the Ombudsman did the trick and they refunded me (there were some very dubious trades/freezes).

Was mich nicht umbringt, macht mich stärker.
Gillinjahrel
Jan 18 2012 at 15:54
25 posts
-104 Pips today. Horrible day. I hope we don't get more bad trades like these

crashev
Jan 18 2012 at 16:42
320 posts
I got -121 pips, but mostly because I set use_stop_orders = false, I just wanted to give it a test and that was a nightmare.
Will never do that again.

Better to lose an oportunity than a money
FH1FOREX
Jan 18 2012 at 17:14
18 posts
The name of this game is SURVIVAL. We have to survive to fight another day and the only way to do that is by keeping the number of trades and the size of the trades below proportional to the account size.

People who try to become wealthy within one year and push the EAs to the limit will find big gains, true, but also a few huge losses that can wipe out their accounts or will reduce their accounts to insignificant values.

It is better to go slowly and build your account over a few years, that way you will catch the overall positive of the EA.

Just a few words of wisdom from an old man.

Greetings.

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