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 |
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Million Dollar Pips Discussion
Member Since Aug 16, 2010
450 posts
Member Since Jan 24, 2012
53 posts
Member Since Jan 24, 2012
53 posts
Feb 07, 2012 at 08:36
Member Since Feb 09, 2011
313 posts
ForexMentor posted:
Thanks for the feedback
rootkit posted:
low commision, very good exectution, so so slippage.
ForexMentor posted:
crashev posted:
-10 pips
ForexMentor: everything looks good on Your side. I had a lose of 10 pips, but I use other settings, max order=4 and additional channels=8 ,maybe I should change it and adapt to my new conditions - that's old settings I used to use and they were good.
rootkit: it looks like You have no idea what You'r talking about. His slippage is very good. If it's under 10 like the author suggest everything is fine.
No slippage = You'r not dealing with real market or with real ECN broker.
Better to lose an oportunity than a money
Member Since Aug 16, 2010
450 posts
Feb 07, 2012 at 08:43
(edited Feb 07, 2012 at 08:43)
Member Since Aug 16, 2010
450 posts
Second that. No slippage = artificial market. Period.
Slippage like this is great if it stays same for bigger lot sizes. I have around 3 pips ins plus outs slippage during NFP but given the market volatility - it was fine and profits were formidable.
I had no slippage with Oanda, Alpari, TF and all started to play games when your lot sizes grow.
Slippage like this is great if it stays same for bigger lot sizes. I have around 3 pips ins plus outs slippage during NFP but given the market volatility - it was fine and profits were formidable.
I had no slippage with Oanda, Alpari, TF and all started to play games when your lot sizes grow.
crashev posted:
rootkit: it looks like You have no idea what You'r talking about. His slippage is very good. If it's under 10 like the author suggest everything is fine.
No slippage = You'r not dealing with real market or with real ECN broker.
Was mich nicht umbringt, macht mich stärker.
Feb 07, 2012 at 08:47
Member Since Nov 23, 2010
88 posts
never mind, my broker gives 0 slippage and I enjoyed good profits.
mistificator posted:
Second that. No slippage = artificial market. Period.
Slippage like this is great if it stays same for bigger lot sizes. I have around 3 pips ins plus outs slippage during NFP but given the market volatility - it was fine and profits were formidable.
I had no slippage with Oanda, Alpari, TF and all started to play games when your lot sizes grow.
crashev posted:
rootkit: it looks like You have no idea what You'r talking about. His slippage is very good. If it's under 10 like the author suggest everything is fine.
No slippage = You'r not dealing with real market or with real ECN broker.
Member Since Jan 24, 2012
53 posts
Feb 07, 2012 at 08:51
Member Since Jan 24, 2012
53 posts
You have to expect slippage in volitility as your trying to get your orders filled on the ECN network by someone, it cant be avoided in those conditions as everything is happening quick and this EA uses volitility as its trading strategy, so they come hand in hand.
Member Since Jan 24, 2012
53 posts
Feb 07, 2012 at 08:53
Member Since Feb 09, 2011
313 posts
You will soon find out what 0 slippage really means, just build up a little bit.
rootkit posted:
never mind, my broker gives 0 slippage and I enjoyed good profits.
mistificator posted:
Second that. No slippage = artificial market. Period.
Slippage like this is great if it stays same for bigger lot sizes. I have around 3 pips ins plus outs slippage during NFP but given the market volatility - it was fine and profits were formidable.
I had no slippage with Oanda, Alpari, TF and all started to play games when your lot sizes grow.
crashev posted:
rootkit: it looks like You have no idea what You'r talking about. His slippage is very good. If it's under 10 like the author suggest everything is fine.
No slippage = You'r not dealing with real market or with real ECN broker.
Better to lose an oportunity than a money
Member Since Aug 16, 2010
450 posts
Feb 07, 2012 at 09:24
Member Since Aug 16, 2010
450 posts
Of course it does. But as we are saying - no slippage means artificial market. I have no idea how big you are trading but rather sooner than later you will see off quotes, slow execution and other errors so watch out to be able to spot the problem once it appears.
Was mich nicht umbringt, macht mich stärker.
Feb 07, 2012 at 09:36
Member Since Jan 31, 2011
720 posts
Or actually, reduce your risk now while you still have an account to reduce your risk on. if you are getting zero slippage, it is temporary unless you have a special insider arrangement. Without that, you will either start getting requotes, or they are waiting until the right time to freeze the data feed on you so they can clean out your account.
Make losses, but always come out a winner at the end.
Member Since Aug 16, 2010
450 posts
Member Since May 21, 2011
45 posts
Feb 07, 2012 at 14:26
Member Since May 21, 2011
45 posts
finally your broker put you on the real market
Armada Markets 5% discount, Axitrader $1.50 discount, IC markets $1.50 disc, LMAX 12% discount, Price Markets 5% disc, FinFX (accepts US traders) $0.7 ECN disc, Global Prime $1.50 discount, SynergyFX $3.50 discount, Blackwell Global $6 rebates - Abundance Trading
Member Since Jan 24, 2012
53 posts
Feb 07, 2012 at 14:38
(edited Feb 07, 2012 at 14:39)
Member Since Feb 09, 2011
313 posts
Yes I noticed that even ECN brokers tend to first play against You - meaning they open positions against You,becuase they know most of the ppl lose their money trading. As soon as they find out You are the one who is winning they start forwarding You to the real market and suddenly You start to see slippages, ofter slower execution - which of course does not have to mean You will be losing from this point on.
Your stats are still not bad. Had worseand was still winning, however consider lowering max sim orders.
Your stats are still not bad. Had worseand was still winning, however consider lowering max sim orders.
Better to lose an oportunity than a money
Member Since Aug 16, 2010
450 posts
Feb 07, 2012 at 14:47
Member Since Aug 16, 2010
450 posts
That is correct, but it does not apply to all ECN and I still count this as the dirty game, while it may be legal. What I despise though is when they DO NOT forward orders to ECN despite calling themselves as ECN Broker, and instead slowing and off quoting you.
Was mich nicht umbringt, macht mich stärker.

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