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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
Nov 08, 2011 at 22:01
I have been comparing two brokers lately, one has a 0 pip distance for SL (Broker1) and the other a 2 pip SL distance (broker 2). Although slippage is a lot less on broker 2 I have noticed that because I can place my stop losses tighter on broker 1 its doing a lot better.... has anyone else looked into the difference the SL distance makes? I read it needs to be under 3, but it seems brokers with a SL distance of 0 work best... ???
DEMO doesn't count - go live or go home - ?a_aid=112256
Member Since Oct 05, 2011
36 posts
Nov 09, 2011 at 03:39
kimleow posted:
I have been comparing two brokers lately, one has a 0 pip distance for SL (Broker1) and the other a 2 pip SL distance (broker 2). Although slippage is a lot less on broker 2 I have noticed that because I can place my stop losses tighter on broker 1 its doing a lot better.... has anyone else looked into the difference the SL distance makes? I read it needs to be under 3, but it seems brokers with a SL distance of 0 work best... ???
I believe MDP needs a stops level of 3 or less. That doesn't mean that if a broker has it at 0 it is better. MDP places it at 3 so if the broker has a 0 level it really doesn't mean anything except tht MDP can trade there. Anybody else??
Nov 09, 2011 at 05:24
Thanks reader. I was comparing the logs on both and the broker with the 2 pip spread distance had a bunch off errors not being able to place the SL and TP etc. Where as the other broker seemed to have placed them fine.
DEMO doesn't count - go live or go home - ?a_aid=112256
Nov 09, 2011 at 09:57
kimleow posted:
Thanks reader. I was comparing the logs on both and the broker with the 2 pip spread distance had a bunch off errors not being able to place the SL and TP etc. Where as the other broker seemed to have placed them fine.
Are you using Pepperstone?
http://www.freeforexrebates .info
Member Since Aug 12, 2011
40 posts
Nov 09, 2011 at 15:18
fughe posted:
Has anyone had winning days over the past 2 days?
Small gains. Click on my name to see results.
Member Since Oct 08, 2011
32 posts
Nov 09, 2011 at 18:42
Yawn . . .
Nov 09, 2011 at 21:48
With broker 1 I had no trades last night and made $5 the night before.
With broker 2 I had no trades last night and lost 0.6% the night before.
The market has been really quiet with not much news or action. Looks like alot of new tonight.....
DEMO doesn't count - go live or go home - ?a_aid=112256
Member Since Sep 06, 2011
38 posts
Nov 10, 2011 at 09:44
Two trade, all loss
Highest FinFX, Instaforex, Pepperstone and AVAFX Rebates:
Member Since Sep 06, 2011
38 posts
Nov 10, 2011 at 09:48
two trade, loss total 6.1 pips
Highest FinFX, Instaforex, Pepperstone and AVAFX Rebates:
forex_trader_50505
Member Since Oct 16, 2011
75 posts
Nov 10, 2011 at 09:50
(edited Nov 10, 2011 at 09:51)
8 trades, all loss 🙄
better to trade manually, remember "trend is your friend" 😎
better to trade manually, remember "trend is your friend" 😎
Nov 10, 2011 at 09:52
It was a bad trade. maximum possible take was about 2 pips and that would only have been by luck. I tried to close out and still got a small loss. Couldn't get the trades closed before it went negative.
Make losses, but always come out a winner at the end.
