Discusión Pepperstone Razor

Again, I decreased Lots, and it helped. I don't have Slippage with smaller Lots...

It seems like once you go above 0.1 lot you'll hit much slippages 😈 Looks like bucket shop

Then, I will trade with fixed 0.1 Lots.

mammoth VPS also contributes to the losses. I sent a complain to them they wrote other users also had same poor executions and they tried to rectify the problem last sunday.

Hello, I installed Wall Street Forex Robot 3.9 to protect this account, you can use Custom Analysis with Magic or Comment for separating Million Dollar Pips and Wall Street Forex Robot trading flows.

I have just started MillionDollarPips USDJPY 1.1.6, ForexGrowthBot 1.6, settings in General:

so running now:

Million Dollar Pips (EURUSD,USDJPY) 1.1.6
Wall Street Forex Robot (EURUSD,GPBUSD) 3.9
Forex Growth Bot (EURUSD) 1.6

Ok, wallstreet is turned off, until it's getting profitable again...

Wallstreet was restarted, with a winning GBPUSD trade immediately ..

Good work zsfelber! Thx for sharing.

WS turned off, again :)

I've started to broadcast a common trading session for my 4 accounts (one of them is this Razor account), unfortunately, an installation error is responsible for a bad trade (my last trade : -4.4pips and -51.53 ) $150 loss in total. 😲😲😲😲😲😲😲😲😲😲😇😇😇😇😇😈😈😈😈😈

Dear zsfelber,

I'm following your profile for a while and think that i's really amazing.

I'm also running MDP (and WallStreet also) on live account with FinFx. They have executed my trades at slippages between 11 and 14 on an 'ECN account', thus sending quite a lot of my trades well into the red, even so I've set slippage to max. 3.

I have seen that you started to copy the trades of probably GrowthBot (and/or MDP).
Could you recommend me please a broker which - really - executes trades at relatively low slippage [~2-3]
(or, at least, will not use it against me)?

You can e-mail me in private: [email protected]

Thank you very much and good trading!

PS. if no such broker exits, than is it better not to let MDP trade at all during times of high slippage?
How can slippage be measured and displayed on screen? Is there an EA or anything like that to manage this? Thx again.

Hi zsfelber,

I have mdp on pepperstone razor/mammoth as well. but the slippage i get from them is huge. I wonder did you get the 0.75AU rebate for each trade. not sure if that matter.

Thanks.

Yes, my account is Cashbackforex, but my current billing cycle isn't closed. When I used too big Lot sizes, I had large Slippages too, and it made a 15% DD. I decided to lower my Risk to 0.5% and it started to work again well .

zsfelber posted:
    Yes, my account is Cashbackforex, but my current billing cycle isn't closed. When I used too big Lot sizes, I had large Slippages too, and it made a 15% DD. I decided to lower my Risk to 0.5% and it started to work again well .

Thanks for the inside, zsfelber. That makes sense.

However, that said we then can't trade big sizes and hence it is not likely to make big profit?

On pepperstone i traded around 0.25 on average. that could be why i caught the huge slippage.

just about to open an account with pepperstone and I think i will give them a pass. sound like another bucket shop in disguise. thanks for the heads up folks. good luck and good trading to ya all.

Pepperstone and MB Trading are one of the only true FX ECN MT4 brokers out there, I don't know where you get your info from. I have made over 120% on my MDP account with them - The Key is risk management and keeping your lot sizes low to minimize market impact - MDP works by trading low liquidity spikes - So naturally you cannot trade 10 lots at a time without getting slipped.

Hi zsfelber
I guess you have too many EAs running and your account will grow extremely slow.
You know the saying? 'Too many cooks spoil the broth!'

Your logic doesn't seem good : all these robots are very profitable, so they just balance the growth and drawdowns.