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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

mcymcy (mcymcy)
Sep 13 2011 at 12:35
270 posts
Pepperstone become unfit for using MDP: their execution times fly over 4000ms at my last trades. So the looses came.

Professor53
Sep 13 2011 at 18:50
795 posts
Good morning all. What a great day. Just finnishing looking at the accounts and all are in profit today. 12 trades... smile.
See my charts...


Click on my Name to see My Live Charts and Bio.
trayd
Sep 13 2011 at 18:58
5 posts
I checked my 'DEMO' account on FinFX today... Hadn't looked in a week. Account has almost doubled in two weeks. Will be trying a small, live account in the next week.

mistificator (mistificator)
Sep 13 2011 at 19:35
453 posts
just don't expect nothing similar to demo performance on live

Was mich nicht umbringt, macht mich stärker.
moneytalks
Sep 13 2011 at 20:02
40 posts

trayd posted:
    I checked my 'DEMO' account on FinFX today... Hadn't looked in a week. Account has almost doubled in two weeks. Will be trying a small, live account in the next week.

Do NOT forget, that FINFX charges fees per trade, which will reduce your profits dramatically!

fughe (fughe)
Sep 13 2011 at 20:31
724 posts

moneytalks posted:
    
Do NOT forget, that FINFX charges fees per trade, which will reduce your profits dramatically!


The fee is $0.70 per mini lot....or $7 per standard lot. If you make 0.7 pips profit...it is breakeven. If you make 1.0 pips profit....you have made 0.3 pips net profit. Just wanted to clarify this for anyone who doesn't understand fee structures in ECN accounts. Now....this may seem bad....but condsider the avg spread I see is about 0.5 pips. It is about 30mins till open of Sydney session and my spread is avg 0.9 pips. about the worst it gets in the sydney session is 2.5....and that is during the absolute slowest time with the worst liquidity.

Oh yeah....quick additional note...... to get an idea of the avg calculated spread on my FinFX ECN account is....using the avg 0.5 spread and the 0.7 pip commission fee.....my avg calculated spread is 1.2 pips. So if I open a position and it move +1.2 pips....I can close with no loss. Plus.....the broker is not using a standard dealing desk interface so therefore has limited ability to interfere with my trades. Really the only thing they can do is delay my trades. They can't stop hunt or anything like that with an ECN account.

Make losses, but always come out a winner at the end.
xiaoming2011
Sep 13 2011 at 21:21
33 posts

Professor53 posted:
    Good morning all. What a great day. Just finnishing looking at the accounts and all are in profit today. 12 trades... smile.
See my charts...




Your account had 12 profit trades while the demo account of MDP had 4 negative trades:)

Professor53
Sep 13 2011 at 21:55
795 posts

Yes, Im trading well. I have a good setup and private VPS. Big smile here... I dont think I can trade as well as the demo was doing, but Im working hard to get some great results for myself and a few friends! My live MDP charts are looking good.

www.Professor53.com


xiaoming2011 posted:
    
Professor53 posted:
    Good morning all. What a great day. Just finnishing looking at the accounts and all are in profit today. 12 trades... smile.
See my charts...




Your account had 12 profit trades while the demo account of MDP had 4 negative trades:)

Click on my Name to see My Live Charts and Bio.
ardzian83
Sep 14 2011 at 03:59
30 posts

Professor53 posted:
    
Yes, Im trading well. I have a good setup and private VPS. Big smile here... I dont think I can trade as well as the demo was doing, but Im working hard to get some great results for myself and a few friends! My live MDP charts are looking good.

www.Professor53.com


xiaoming2011 posted:
    
Professor53 posted:
    Good morning all. What a great day. Just finnishing looking at the accounts and all are in profit today. 12 trades... smile.
See my charts...




Your account had 12 profit trades while the demo account of MDP had 4 negative trades:)


1 just got 1 trade.
are you use only MDP? why your track record not verified?

xiaoming2011
Sep 14 2011 at 06:37
33 posts
Hi,
Can I purchase one copy of MDP then put it on multiple MT4 live accounts from different brokers? Thanks.

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