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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

mistificator (mistificator)
Aug 31 2011 at 11:05
453 posts
I got 5 trades on tf, net loss 19 pips today. fxdd 3 trades net gain 2 pips. same settings both acc. both live.

Was mich nicht umbringt, macht mich stärker.
globvest
Aug 31 2011 at 13:53
5 posts
MDP performed well today on live account (broker = HotForex on VPS). Eight sell trades, +24.4 pips (before commission)


Attachments:


Professor53
Aug 31 2011 at 16:00
795 posts
17 trades this am, of those only 6 traded pips, the other trades were empty. Small loss for my wife and I on both live acounts. Loss was $9 and $3. This is normal. Dont set your risk to high. IBFX broker and vps.

Click on my Name to see My Live Charts and Bio.
globvest
Aug 31 2011 at 17:00
5 posts
Since my last post I had 20 more orders (buy orders). Total trades today = 28 for a gain of 179 pips. Nice!

DMFXTrader
Aug 31 2011 at 17:27
61 posts
globvest posted: Since my last post I had 20 more orders (buy orders). Total trades today = 28 for a gain of 179 pips. Nice!


I am with HotForex and had a losing day :(. What settings are you using?

fughe (fughe)
Aug 31 2011 at 17:37
724 posts

globvest posted:
    MDP performed well today on live account (broker = HotForex on VPS). Eight sell trades, +24.4 pips (before commission)




Yeah. I generally check the demo account. If it has a bunch of positive trades, then I should also be in profit. If it has a bunch of losing trades or break even trades....then I may suffer a small loss. And yes.....it was a losing day for me.

I would like to point out that FXOpen has officially started trying to ruin my trades actively. I have been seeing an average time of around 1-1.5 seconds for fills. Today.....4.3 seconds. The broker mt4 plugin allows brokers to slow trades by as much as 5 seconds. That is why people are having so much trouble making MDP work successfully. The brokers....even in an ECN account....will almost always do stuff to cause you to lose, and they make the money that you lose in these cases.

Make losses, but always come out a winner at the end.
DMFXTrader
Aug 31 2011 at 18:19
61 posts

fughe posted:
    
globvest posted:
    MDP performed well today on live account (broker = HotForex on VPS). Eight sell trades, +24.4 pips (before commission)




Yeah. I generally check the demo account. If it has a bunch of positive trades, then I should also be in profit. If it has a bunch of losing trades or break even trades....then I may suffer a small loss. And yes.....it was a losing day for me.

I would like to point out that FXOpen has officially started trying to ruin my trades actively. I have been seeing an average time of around 1-1.5 seconds for fills. Today.....4.3 seconds. The broker mt4 plugin allows brokers to slow trades by as much as 5 seconds. That is why people are having so much trouble making MDP work successfully. The brokers....even in an ECN account....will almost always do stuff to cause you to lose, and they make the money that you lose in these cases.


I always thought ECN brokers made money out of commissions. I must have been mistaken!

mentosan
Aug 31 2011 at 19:03
28 posts
Also with ThinkForex I had more then 2 seconds delay....I loose a lot today. :((
ping 17 ms but open order more then 2 seconds. How can be this possible? Anyway, I want to say definitively: ThinkForex is a big SCAM.....
For anyone who wants to try MDP:DON'T MAKE IT WITH THINKFOREX, you will loose....

ECN??? Yeah, right.....


Guys, which combination Broker+VPS is still working? I'm looking to change but I don't know with what...

I heard about HotForex only good things, now DMFXTrader loosed with them......

:(


mistificator (mistificator)
Aug 31 2011 at 21:35
453 posts
I have stopped down trading MDP on TF, I got average open 2900 ms and average modification about 3800 ms. When I was trading on TF while ago manually I got 250-400 ms execution. They 100% profiled transactions from MDP and kill these trades. I am 100% sure they are on the other side of these trades since they can't probably deliver these fast enough to the interbank so they don't want to lose.

Was mich nicht umbringt, macht mich stärker.
fughe (fughe)
Aug 31 2011 at 23:20
724 posts

DMFXTrader posted:
    
fughe posted:
    
globvest posted:
    MDP performed well today on live account (broker = HotForex on VPS). Eight sell trades, +24.4 pips (before commission)




Yeah. I generally check the demo account. If it has a bunch of positive trades, then I should also be in profit. If it has a bunch of losing trades or break even trades....then I may suffer a small loss. And yes.....it was a losing day for me.

I would like to point out that FXOpen has officially started trying to ruin my trades actively. I have been seeing an average time of around 1-1.5 seconds for fills. Today.....4.3 seconds. The broker mt4 plugin allows brokers to slow trades by as much as 5 seconds. That is why people are having so much trouble making MDP work successfully. The brokers....even in an ECN account....will almost always do stuff to cause you to lose, and they make the money that you lose in these cases.


I always thought ECN brokers made money out of commissions. I must have been mistaken!


No, you are correct, they do make money from commissions. But they can still take the opposite side of your trades and manipulate your orders. And they do. If that wasn't the case, it would be impossible for me to be getting fill times of 4 seconds.

Make losses, but always come out a winner at the end.
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