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 24, 2011 at 13:46
jannie posted:
Hey Lob...
Here is a solution for you...
at my broker I am able to have as many mt4 trading accounts as I want... where I currently have 2 set up
thus just never have any one account running bigger lots than 1 full lot...
once this happens, break it down into two accounts both running mdp or what ever scalper...
and to mitigate your risk even further, split those accounts across multiple brokers...
Yeah it is extra admin to maintain...
... And you have to buy several licenses for MDP...
Member Since Aug 16, 2010
453 posts
Nov 24, 2011 at 16:19
(edited Nov 24, 2011 at 16:21)
Not that I care, but how do you know it is microlots :)
I like these guys here who write wise stories here and know a little about this system. Gaining with microlots with MDP is not a brain surgery, almost everyone makes a profit. Try to be profitable when you trade over 4 lots, do you know a recipe for that ?
I like these guys here who write wise stories here and know a little about this system. Gaining with microlots with MDP is not a brain surgery, almost everyone makes a profit. Try to be profitable when you trade over 4 lots, do you know a recipe for that ?
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 16, 2010
453 posts
Nov 24, 2011 at 16:28
Dunno. From what I heard Peppers servers are overloaded and execution is slow for all orders big or small. From what I know it is a very small shop and hardly can be expected to run system powerful and efficient enough to handle an assault from MDP traders execution-wise. Besides, I mentioned before, there are ways to solve this issue if one applies brains for the problem even little. Only valid for those who have ones of course.
Was mich nicht umbringt, macht mich stärker.
Nov 25, 2011 at 04:08
(edited Nov 25, 2011 at 04:08)
this week is pretty much over with holidays today in the USA doubtful I will see a trade.... I'm down this week, about 10%, however this is offset by my reabtes from refundfx of about 7% so I'm down 3% this week.
DEMO doesn't count - go live or go home - ?a_aid=112256
forex_trader_46166
Member Since Aug 30, 2011
73 posts
Nov 25, 2011 at 10:30
No trades on mine.... even though im on a broker they reccomended (ThinkForec) and use the default settings
forex_trader_46166
Member Since Aug 30, 2011
73 posts
Nov 25, 2011 at 11:38
One thing I can vouch for so far - the MDP guys are VERY helpful! As in replies to any questions I have are answered within an hour normally less.
Nov 25, 2011 at 15:16
Alec posted:
What comforts me (no trades today) is that the MDP guys had two trades on their demo but lost. So I'm good.
to compare your trades with the manipulated vendors demo is pointless..
his demo misses all bad trades happened earlier this week on live accounts!
Member Since Aug 16, 2010
453 posts
Nov 25, 2011 at 15:30
I notificed he feezes account from time to time, likely an update problem. But it catches up at the next update. Maybe he shuts down update until there is a good run that covers all losses so there is never a falling equity chart, only rising. Questionable practice but certainly helps sales to scary pennies.
Was mich nicht umbringt, macht mich stärker.
Nov 25, 2011 at 16:27
ForexPro posted:
Alec posted:
What comforts me (no trades today) is that the MDP guys had two trades on their demo but lost. So I'm good.
to compare your trades with the manipulated vendors demo is pointless..
his demo misses all bad trades happened earlier this week on live accounts!
That's exactly why I liked it: If the 'optimistic' demo account lost and I didn't... again, I'm good.
