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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

guqianfeng (guqianfeng)
Aug 11 2011 at 09:11
5 posts
I start my live account for a week, compare with my opening time and position with the demo records. I was supprise that my sell position is alway lower than the demo while the buy positin is higher, both side is some time 4 pips. How can I get profit from scalping?
My server is in USA, latency below 3ms to my broker server.
I downloaded the records in csv format. If add the defference of 1-4pips(randomly), I will bandrupt in 2 weeks.
So, I am thinking how to refund.

Also, one word more, don't believe scalping ea. This is not tool for normal trader, banker or broker can get profit with it.
Try other straegy such as trend following, breakout, or grid.

mistificator (mistificator)
Aug 11 2011 at 13:07
453 posts
Grid is a fastest way to get broke. You need to have ultra low spread and rebates. Then check that you don't have too aggressive configuration. Use default.

Was mich nicht umbringt, macht mich stärker.
pipsquick1957 (pipsquick1957)
Aug 11 2011 at 14:18
172 posts
William is not answering my emails now, and I have asked him for his live Think Forex live statement or log in details over 1 week ago, and no response, so this is not very good.

 He has said in a previous email that his live Think Forex account trades matched the demo here, but everyone has been asking him for live statements for 3 months now, and nothing yet, so that smells like a rat to me. We will soon see, but I am not going to open new account, get VPS and lose money if I cant get any proof or support for that matter.

pmidas
Aug 11 2011 at 14:24
6 posts
mcymcy (mcymcy)
Aug 11 2011 at 14:51
270 posts
Has anyone try the 'pepperstone'? In the mdp web page they recommend this broker. I install their mt4 demo and make the ex-test. and the results are too high. So how can be it's usable to mdp?
😐

Professor53
Aug 11 2011 at 16:22
795 posts
A good thing with MDP, you can start with a small amount. One of the other mdp memebrs started with $15. Never push this bot past 1.5 % and watch it win more than it losses. I have had lots of trades and theres always more winners at the end of the week and your in profit. Some days you might loose 3 days in a row, but thats rare. If you dont make money in one week average, then your brokers speed is to slow or your not using a vps. A VPS is a big difference. Its night and day on making profits. I was loosing on my highspeed home pc and now im winning on a vps. See my forward live account. I just set up a 2nd small acount for my wife and I migh post investor access for that one also. On my acount, I added $100 cash yesterday, so you should see that boost in deposits also. Small lose this am of about $20, but there were 19 trades on my IBFX account. MDP think page had another $1000 profit! Id love to have 2k and beable to run at the higher level of trader speed and make those faster trades and profits. Aloha..

Click on my Name to see My Live Charts and Bio.
Professor53
Aug 11 2011 at 16:52
795 posts
Look up my live account with investor access if you need a live account.
Aloha

pipsquick1957 posted:
    William is not answering my emails now, and I have asked him for his live Think Forex live statement or log in details over 1 week ago, and no response, so this is not very good.

 He has said in a previous email that his live Think Forex account trades matched the demo here, but everyone has been asking him for live statements for 3 months now, and nothing yet, so that smells like a rat to me. We will soon see, but I am not going to open new account, get VPS and lose money if I cant get any proof or support for that matter.

Click on my Name to see My Live Charts and Bio.
Professor53
Aug 11 2011 at 16:54
795 posts
Pattern? Only spikes! Its hit and miss, but greater winns than losses if you use a fast broker and faster vps.
Aloha

mistificator posted:
    Pak, which broker? Any trades in last hour? Anyone has discovered some pattern this bot trades?

Click on my Name to see My Live Charts and Bio.
pipsquick1957 (pipsquick1957)
Aug 12 2011 at 02:16
172 posts
Profeeor53, first of all I dont have any details on you so called live account sir, secondly the whole purpose of buying any EA is to see if it can duplicate the demo results that is being run in this case with Mt Fx book/forex peace army, and to collaborate with the vendor/author of the EA to ask questions.

 So when the author stops answering emails, and not giving us as a group proof of his live account with Think Forex, then I smell a rat. Your results with IBFX will not be anywhere close to his T.F. demo, that I can guarantee because ibfx does not have the lowest spreads, and you are have to deal with FIFO BS.

BTW, I am not getting the same results on my Think Forex demo as he is getting, so thats also a concern for me. I was also not able to get anywhere near the same results for the back testing as he did.

Professor53 posted:
    Look up my live account with investor access if you need a live account.
Aloha

pipsquick1957 posted:
    William is not answering my emails now, and I have asked him for his live Think Forex live statement or log in details over 1 week ago, and no response, so this is not very good.

 He has said in a previous email that his live Think Forex account trades matched the demo here, but everyone has been asking him for live statements for 3 months now, and nothing yet, so that smells like a rat to me. We will soon see, but I am not going to open new account, get VPS and lose money if I cant get any proof or support for that matter.


mirusevxs33
Aug 12 2011 at 05:21
123 posts
there is a pattern for sure :) BB...

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