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

May 20, 2011 at 02:45
228,938 Views
3,872 Replies
Member Since Jun 01, 2010   70 posts
May 27, 2011 at 01:26
Well, I must admit. I were wrong. I tested on finfx ecn real, and so far today +23 pips.

I had problems with the instalation but the vendor has been very helpful and fixed the problems in no-time.

I'll keep you posted how my results are. And for sure this is nor arb.
Member Since Mar 16, 2011   61 posts
May 27, 2011 at 06:02 (edited May 27, 2011 at 06:11)
I purchased this EA yesterday and I am running it on a ThinkForex real account. I also was up 23.8 pips for the day when I went to bed but woke up this morning to find that it lost 19 pips overnight. I am still up 4.9 pips since starting though and would be happy with that everyday :)

This is not an arb EA but an extreme scalper. The duration of my trades lasted from 2 seconds to 2 min 14 secs.

Having a quick look at the demo results I think my live account did better :)
Member Since Feb 16, 2010   1332 posts
May 27, 2011 at 06:23 (edited May 27, 2011 at 06:52)
Only when I see uploaded real account with reputable broker and at least 100 trades I will believe. Until that moment I'm considering this only as a smart joke:
funny looking site with all the typical junk content(ridiculous mini robots from Star Wars, backtestst, the traditional marketing hype and the cherry on top is the demo forward test), let's don't forget the price.... yes, it's $99, and it's $99 if you buy it now. Yeah, $99 for a money printer. If you don't buy now the price will go up to $1 000 000 simply cause the name is Million Dollar Pips.

JUST THINK WITH YOUR HEADS!!!
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Mar 16, 2011   61 posts
May 27, 2011 at 08:25
What percentage risk is this demo account using?
Member Since May 20, 2011   19 posts
May 27, 2011 at 13:51
1%
Member Since May 20, 2011   19 posts
May 27, 2011 at 15:57
1% per trade
Member Since Mar 16, 2011   61 posts
May 27, 2011 at 19:23 (edited May 27, 2011 at 19:24)
milliondpips posted:
    1% per trade

Are you sure?

Looking back at the demo results the average loser seems to be between 3% to just over 4% lost? Which would make more sense to me rather than 1% because of the returns since the demo started.
expat1967
forex_trader_17053
Member Since Aug 21, 2010   11 posts
May 27, 2011 at 20:00
From what I can see its 1.00 Lots per trade on a 1k account. Last trade made 20$ on 2 pips.
Member Since Mar 16, 2011   61 posts
May 27, 2011 at 21:29 (edited May 27, 2011 at 21:29)
expat1967 posted:
    From what I can see its 1.00 Lots per trade on a 1k account. Last trade made 20$ on 2 pips.

Yes I agree, and the maximum loss looks like it is just over 4% so surely this demo account is running at 4 or 5% risk per trade?
ruichaves21
forex_trader_27878
Member Since Jan 24, 2011   13 posts
May 29, 2011 at 22:41
Hi,

Provide us an real account to prove that the robot really works!
Member Since Mar 16, 2011   61 posts
May 30, 2011 at 11:21

DMFXTrader posted:
    
milliondpips posted:
    1% per trade

Are you sure?

Looking back at the demo results the average loser seems to be between 3% to just over 4% lost? Which would make more sense to me rather than 1% because of the returns since the demo started.


Also, is this demo account now using the later version of the EA?
Member Since Dec 20, 2010   107 posts
Jun 02, 2011 at 00:13 (edited Jun 02, 2011 at 00:13)
..
Member Since May 10, 2010   382 posts
Jun 02, 2011 at 02:19
Now its out...LOL fxgrowthbot is behind this new EA. Hopefully its not so poor coded as their bred and butter EA..

 They still don't have earned enough money with fgb to run a live acc for this one... 😲
Member Since Feb 16, 2010   1332 posts
Jun 02, 2011 at 06:13

ForexPro posted:
    Now its out...LOL fxgrowthbot is behind this new EA. Hopefully its not so poor coded as their bred and butter EA..

 They still don't have earned enough money with fgb to run a live acc for this one... 😲

What did he write? I suppose he forgot to sign out(from the FGB identity) before posting here?
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Mar 25, 2010   193 posts
Jun 02, 2011 at 14:21

forexma posted:
    
ForexPro posted:
    Now its out...LOL fxgrowthbot is behind this new EA. Hopefully its not so poor coded as their bred and butter EA..

 They still don't have earned enough money with fgb to run a live acc for this one... 😲

What did he write? I suppose he forgot to sign out(from the FGB identity) before posting here?
There is not 'delete post' 😝
Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
Member Since May 10, 2010   382 posts
Jun 02, 2011 at 14:45

tapachula posted:
    
forexma posted:
    
ForexPro posted:
    Now its out...LOL fxgrowthbot is behind this new EA. Hopefully its not so poor coded as their bred and butter EA..

 They still don't have earned enough money with fgb to run a live acc for this one... 😲

What did he write? I suppose he forgot to sign out(from the FGB identity) before posting here?
There is not 'delete post' 😝


Exacto, por suerte no hay!😎
Member Since May 20, 2011   19 posts
Jun 04, 2011 at 21:45
Yes this demo account is using latest version.
Member Since Dec 09, 2010   48 posts
Jun 05, 2011 at 00:30
can we see forward testing on the new USDJPY pair ,Thanks,,
Keep Thinking or RIP .
Member Since Jan 18, 2010   63 posts
Jun 05, 2011 at 11:23

Real account?
milliondpips posted:
    We will be showing one in the near future.

And when that will happen? Without a real account with considerable money, your ea has no credibility.
Member Since May 24, 2010   371 posts
Jun 09, 2011 at 07:39
This is DEMO!!! Where is the live account? This is for me the unmarketable EA.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.