Million Dollar Pips (By milliondpips)
| Gain : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Won: |
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| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Automated |
Million Dollar Pips Discussion
Member Since Aug 16, 2010
453 posts
Dec 13, 2011 at 00:22
I am yet to see any slippage with pending orders. In retail forex 99% liquidity is provided by your broker, so talking about liquidity in regards to filling your order is nonsense unless you trade directly with bank and execute 100-lots positions. Liquidity all are concerned about influence market moves (they become unsustainable which is good for MDP) and spreads that rise (which is bad but if spread is over the top MDP won't trade).
Was mich nicht umbringt, macht mich stärker.
Member Since Dec 15, 2010
795 posts
Dec 13, 2011 at 02:53
If you change your risk, you need to do it soon.
Garry
Garry
Click on my Name to see My Live Charts and Bio.
Dec 13, 2011 at 05:20
mistificator posted:
I am yet to see any slippage with pending orders. In retail forex 99% liquidity is provided by your broker, so talking about liquidity in regards to filling your order is nonsense unless you trade directly with bank and execute 100-lots positions. Liquidity all are concerned about influence market moves (they become unsustainable which is good for MDP) and spreads that rise (which is bad but if spread is over the top MDP won't trade).
That is correct. If you are trading with a dealing desk broker, you won't have your slippage increased. You will start seeing longer fill times and requotes. You will only see greater slippage with ECN and STP brokers.
Make losses, but always come out a winner at the end.
Member Since Aug 16, 2010
453 posts
Dec 13, 2011 at 07:30
I don't see any point in trading with broker that would slip you constantly be it MDP or something else. It only means their market making ability or their liquidity provider's market making ability sucks or non-exist. Market making is good for traders, otherwise spreads would be huge and slippage dramatic. Thus said, my broker is also ECN/STP. But this model of operating does not forbid to make market as long as they always pass the best price, be it from liquidity providers or themselves.
Was mich nicht umbringt, macht mich stärker.
Dec 13, 2011 at 17:01
amag80 posted:
Anyone want to purchase MDP lic one for $60 or 2 License for $100.00
Why would you want to sell it. You could easy make back your purchase money in a few trades or even in one trade.
Selling takes soo much effort and for what... $100 that is the price of a used toothpick in the forex world
Plan your trade, trade your plan
Member Since Aug 12, 2011
40 posts
Dec 13, 2011 at 19:00
MetaCoder posted:
in live trading environ This EA is a pip from worthless
On what do you base your statement? I have almost tripled my money in less that 6 months. if that's worthless than you need to stop wasting this forums time. Why don't you show your results with this ea on myfxbook? If you had poor results that led to that statement I can understand that.
Member Since Aug 16, 2010
453 posts
Dec 13, 2011 at 19:17
Same as with manual trading: you need to have a portfolio of trading methods for different trading conditions. Currently I have FGB down but manual trading offsets odd MDP losses and slowly builds account up.. But as you say when time is right MDP rocks.
fughe posted:
Not when the market is right for it! 😁
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 16, 2010
453 posts
Dec 13, 2011 at 21:23
I think my mistake is I don't trust enough my own trading, despite the fact I am positive most of the time..
fughe posted:
I make more money trading manually than anything.....
hey MetaCoder, let us know what you have experienced with MDP, and you broker and VPS. Maybe we can help you sort it out.
Was mich nicht umbringt, macht mich stärker.
Dec 13, 2011 at 22:02
jsintl posted:
Frankly, I cannot make this EA profitable for me. This EA will place trades on spikes and hope for the best.
You have described the trading style of every EA ever created, not including the spike part. EAs are literally playing a game of statistics. It requires a human to process enough info to make 'informed' decisions about trades. To even approach human capacity, a system would require a mainframe to function.
Make losses, but always come out a winner at the end.
Member Since Aug 16, 2010
453 posts
Dec 13, 2011 at 22:17
mcymcy posted:
What about today? I have losses about 2% today...
Small loss for me today, mostly offset by manual gains. Still sad to see day gone in red after making successful trades myself.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 16, 2010
453 posts
Dec 13, 2011 at 23:35
with the benefit of hindsight FGB would be banking well this week.
Was mich nicht umbringt, macht mich stärker.
Member Since Oct 03, 2011
22 posts
Dec 14, 2011 at 00:06
@MistiFX.
I'm actully running FGB on a test account as we speak. it lost alomst 600 pips this week.
Be glad you stuck with MDP
I'm actully running FGB on a test account as we speak. it lost alomst 600 pips this week.
Be glad you stuck with MDP
