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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
Dec 04, 2011 at 15:58
ForexPro posted:
mcymcy posted:
33% loss for me... Amazing... In only one series of trading...
Plz show us this statement as well...😝
I looked at my statement and i see that there was a huge slippage like 30 pips... The most losses were because of that. So the most looses caused by my broker...
Member Since Aug 12, 2011
40 posts
Dec 04, 2011 at 20:29
wahjay posted:
hey guys , how are you performing with this EA ? Ya'll getting real profits ?
I'm about to buy the robot and have a special broker , might be Thinkforex or pepperstone and use CNS NY 's VPS what do you all recomand?
Thanks
Doing well. Click on my name and view stats
Dec 04, 2011 at 21:20
tradinfool posted:
wahjay posted:
hey guys , how are you performing with this EA ? Ya'll getting real profits ?
I'm about to buy the robot and have a special broker , might be Thinkforex or pepperstone and use CNS NY 's VPS what do you all recomand?
Thanks
Doing well. Click on my name and view stats
Nice bro ! Can i ask you how much you started with ? i heard 250$ is minimum but recomanded ..
Also are you using default settings ? I know 1.5% gives good profit too
Thanks !
Member Since Aug 12, 2011
40 posts
Dec 04, 2011 at 22:17
wahjay posted:
tradinfool posted:
wahjay posted:
hey guys , how are you performing with this EA ? Ya'll getting real profits ?
I'm about to buy the robot and have a special broker , might be Thinkforex or pepperstone and use CNS NY 's VPS what do you all recomand?
Thanks
Doing well. Click on my name and view stats
Nice bro ! Can i ask you how much you started with ? i heard 250$ is minimum but recomanded ..
Also are you using default settings ? I know 1.5% gives good profit too
Thanks !
started with $880 now at $2475 since last 5 months. Start with default settings. You will have to play with settings to figure what works for your broker.
Member Since Dec 15, 2010
784 posts
Dec 05, 2011 at 08:17
My demo account is growing so fast also. My little account of $100 is now almost doubled since june.
see my charts on my web site.
see my charts on my web site.
Click on my Name to see My Live Charts and Bio.
forex_trader_50505
Member Since Oct 16, 2011
75 posts
Dec 05, 2011 at 16:01
Demo account performance will be totally different than the live account performance as both are on a different environment. So, never expect you will get the same result with the one that you see on this developer MDP chart.
forex_trader_50505
Member Since Oct 16, 2011
75 posts
Dec 05, 2011 at 16:08
Many members here have MDP running on a real account, you can click on their profile, some of them provide real account MDP account results, you can try with professor53 profile for example.
http://www.myfxbook.com/members/Professor53
http://www.myfxbook.com/members/Professor53
Dec 05, 2011 at 19:19
Alright thanks ! But looking at the myfx charts of live accounts i have a feeling results are not so impressive ! I know there's a difference between demo and real money but did anyone change the risk % to 1.5 , maybe 2 or even 3% ? I think 1% is just really really low..
Member Since Aug 16, 2010
450 posts
Dec 05, 2011 at 19:33
I would be happy with 20% growth a month without any draw-down more than 10%.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 12, 2011
40 posts
Dec 05, 2011 at 19:36
wahjay posted:
Alright thanks ! But looking at the myfx charts of live accounts i have a feeling results are not so impressive ! I know there's a difference between demo and real money but did anyone change the risk % to 1.5 , maybe 2 or even 3% ? I think 1% is just really really low..
1% can get huge. If you are running simultaneous orders it is 1% for each order. Sometimes you see spikes of 50 to 100 points in a matter of seconds and mdp keeps opening trades one after another all at a loss.
If your leverage is high you could literally wipe out your account very quickly. You have to keep things in perspective. I would rather keep the leverage and risk low and earn say 5% a month versus 2% a year in the bank. If you look at my chart you will see that most of the profit comes from a few days a month where there are big gains. The nice thing about mdp is that it keeps the losses small.
