To use chat, please login.
Back to contacts

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
Feb 28 2012 at 15:34
117 posts
MDP is still alive! +2.1% (2 trades), +3.3 % (4 trades), +4.7 % (3 trades) on the 3 accounts.
Cheers
Fred

Kaptain
Feb 28 2012 at 15:52
55 posts
No trade what so ever on my three accounts

Plan your trade, trade your plan
Fred_Forex
Feb 28 2012 at 16:45
117 posts
Hey Kaptain,
better luck next time!
How are you doing overall with MDP for January and February?
Fred

Kaptain
Feb 28 2012 at 17:12
55 posts
Well, January was at a loss of 16%, February was alright with a gain of 19.6%

But why did the thing not traded today? I checked the demo account and it traded (not meaning the demo is any better than the live account).

Well being out of a position is also a position.



Plan your trade, trade your plan
Eddie_Morra
Feb 28 2012 at 19:35
29 posts
~10,1% for me today in 6 trades :) NumOrders_Level 0, Additional_Channels 8, Risk 1,5%. Are these settings ok or too agressive? First test for me with a small account and 1:50 leverage @ Oanda.

To become old and wise you have to be young and stupid first.
Fred_Forex
Feb 28 2012 at 19:43
117 posts
There are three main possibilities why MDP doesn't trade or trades less:
- smoothed price-feed of the broker
- spread too high
- slow order opening by broker resulting in opening-errors because of price-change in the meantime
Just my two cents!

Kaptain, the loss in January is rather big, there should be better brokers to use MDP with.

By the way, the official demo is trading worse than my live account 1 this year so far 😎
Does that mean that Thinkforex demo conditions are even worse than my broker's live?! I opened a live account at Thinkforex last year. Good luck, that I didn't fund it! 😲

Happy trading everybody!
Fred

mcymcy (mcymcy)
Feb 28 2012 at 19:47
270 posts

   Eddie_Morra posted:
   ~10,1% for me today in 6 trades :) NumOrders_Level 0, Additional_Channels 8, Risk 1,5%. Are these settings ok or too agressive? First test for me with a small account and 1:50 leverage @ Oanda.


Adjust the Ad. Ch. to 1. If you rise the Ad. Channels the order frequency will rise.

Fred_Forex
Feb 28 2012 at 19:51
117 posts
@Eddie: Looking at the account in your profile, this doesn't seem like MDP trading. Trades holding time is much too long. Your are lucky that TP was reached and not SL. SL and TP weren't adjusted, from the look of it. Check your trading journal for errors.
Settings seem ok, though, but number of simultaneous order should be lowered, I suggest.
Good luck.
Fred

krana
Feb 29 2012 at 03:41
66 posts
the million $$$$ question is what broker does this work on ..anyone ????????

krana
Feb 29 2012 at 03:42
66 posts

   prototipo posted:
   Settings: all default, except: Risk 1.5, FIFO disabled; starting with 11.10.2011, Stop Orders, Hard Stop Trailing and AutoAdjust_ECN are set to false

I coonfigured Risk = 0.8


Why forget thinkforex? I've seen some demo forward test and also some real accounts and they sound good.

what broker do you suggest?


can you share the think forex experince on real accoutn ??

Please login to comment .