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Pepperstone Razor (By zsfelber)
The user has deleted this system.
Pepperstone Razor Discussion
Member Since Jul 21, 2010
106 posts
Aug 09, 2011 at 10:26
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.
Aug 11, 2011 at 11:34
(edited Aug 11, 2011 at 11:39)
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
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
Member Since Jul 29, 2011
16 posts
Aug 15, 2011 at 09:34
Good work zsfelber! Thx for sharing.
Aug 16, 2011 at 15:59
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. 😲😲😲😲😲😲😲😲😲😲😇😇😇😇😇😈😈😈😈😈
forex_trader_44691
Member Since Aug 16, 2011
5 posts
Aug 17, 2011 at 06:27
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.
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.
Member Since Jul 29, 2011
16 posts
Aug 17, 2011 at 08:37
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.
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.
Member Since Jul 29, 2011
16 posts
Aug 17, 2011 at 12:06
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.
Aug 21, 2011 at 22:00
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.
Member Since Aug 03, 2011
40 posts
Aug 23, 2011 at 19:54
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!"
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!"
Member Since Aug 03, 2011
40 posts
Aug 24, 2011 at 06:35
The chart shows something different.
First you had huge profits, and after you have attached the other EAs, it is an only up and down.
First you had huge profits, and after you have attached the other EAs, it is an only up and down.
