Million Dollar Pips (Oleh milliondpips)
| Keuntungan : | +26241.17% |
| Drawdown | 39.44% |
| Pip: | 5202.2 |
| Perdagangan | 4497 |
| Menang: |
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| Rugi: |
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| Jenis: | Demo |
| Leveraj: | 1:200 |
| Berdagang: | Automatik |
Million Dollar Pips Perbincangan
Ahli sejak Sep 14, 2011
140 hantaran
Nov 02, 2011 at 23:18
Professor53 posted:
I loved that spike... Hope every does also.
It's very easy to get profits when trading small lots. Try to make profit if your consecutive trades will oscillate around let's say 8 lots.... These micro/nano trades doesn't require any substantial effort
Ahli sejak Aug 16, 2010
453 hantaran
Nov 02, 2011 at 23:27
very true. I have same problem.
Was mich nicht umbringt, macht mich stärker.
Ahli sejak Apr 08, 2011
153 hantaran
Nov 02, 2011 at 23:32
Not really a problem at all, I am using MDP on 6 different brokers now. All perform slightly different, but all good. This means several good things: first, you can keep the lot size at 1 lot and still trade 6 lots (1 lot at 6 brokers = 6 lots traded at each spike) and the equity curve is also smoothed out because they all perform slightly different. One looses for the day overall, the other makes a big win, the other days it´s vice-versa. Lowers the drawdown, smoothes the equity curve and if one broker has a problem you don´t really care because other perform. It´s simply spoken on concept that works VERY well for MDP: redundancy!
Ahli sejak Dec 15, 2010
795 hantaran
Nov 03, 2011 at 00:23
If your MDP is trading at 6 lots and my larger account is trading at .8 then your account is very very large. Id say it must be 50k or so. Id lower my risk down from 1.5 to something a bit smaller for conservation like 0.75 percent. Be smart and be careful. Those are some big trades. You should also be getting a much better price of spreads with accounts over 10K. The spread should drop on that account and help you even more. Call your broker for a bettter pip package and ask if they have that program. Executive or gold or what ever they may nick name it. Not all brokers have it, but many do, to get the whale accounts to come onboard and trade with them. The savings is normally 1.5 pips per trade .
lobotomy8 posted:
Professor53 posted:
I loved that spike... Hope every does also.
It's very easy to get profits when trading small lots. Try to make profit if your consecutive trades will oscillate around let's say 8 lots.... These micro/nano trades doesn't require any substantial effort
Garry
Click on my Name to see My Live Charts and Bio.
Ahli sejak Apr 08, 2011
153 hantaran
Nov 03, 2011 at 00:39
You Professor, thanks for the tip, I did that already;) Yes, I am always careful, no worries. Keep up the profits as well, you are doing great as well as I know and always see;)
Ahli sejak Oct 05, 2011
36 hantaran
Nov 03, 2011 at 00:50
Do you have any proof that once you get to about 8 position size that you can't get your orders completed? Did you make this up or is there some actual evidence? If there is some evidence I would really like to know. That number seems very small for the broker to care enough to screw you on trades. Its not in his best interest.
lobotomy8 posted:
Professor53 posted:
I loved that spike... Hope every does also.
It's very easy to get profits when trading small lots. Try to make profit if your consecutive trades will oscillate around let's say 8 lots.... These micro/nano trades doesn't require any substantial effort
Ahli sejak Apr 08, 2011
153 hantaran
Nov 03, 2011 at 02:47
@Oldchartreader: I am wondering about that to, because before I was running MDP on so many brokers at once with smaller lot sizes, I have traded up to 9 lots on one broker (ECN) and didn´t have any other timings or slippage than with 0.01, 0.10, 1 or 5 lots. Timings always did stay as they have been since 0.01 lots.
The reason I am running it on many brokers is simply for security of my profits as for technical problems that a broker might have or withdrawal problems (you never know). The lot size wasn´t a problem as for execution times or slippage at all. I think if you have a serious broker with a huge amount of liquidity providers (Currenex comes to mind), all is fine even with extrem lot sizes, but ONLY if the bridge the broker uses to connect to the liquidity is fast and the broker doesn´t delay order executions on purpose (which most ECN´s DON`T do because that would hurt their business model which bases on commission and if they are crap, the trader won´t keep on trading with them). Of course also the broker-server needs to be fast enough hardware-wise to handle a huge amount of orders at once like when MDP trades and can quickly forward them to the liquidity providers.
The reason I am running it on many brokers is simply for security of my profits as for technical problems that a broker might have or withdrawal problems (you never know). The lot size wasn´t a problem as for execution times or slippage at all. I think if you have a serious broker with a huge amount of liquidity providers (Currenex comes to mind), all is fine even with extrem lot sizes, but ONLY if the bridge the broker uses to connect to the liquidity is fast and the broker doesn´t delay order executions on purpose (which most ECN´s DON`T do because that would hurt their business model which bases on commission and if they are crap, the trader won´t keep on trading with them). Of course also the broker-server needs to be fast enough hardware-wise to handle a huge amount of orders at once like when MDP trades and can quickly forward them to the liquidity providers.
Ahli sejak Aug 20, 2011
588 hantaran
Nov 03, 2011 at 02:49
geektrader...
just currious... you paid how many version of MDP?
just currious... you paid how many version of MDP?
Ahli sejak Apr 08, 2011
153 hantaran
Nov 03, 2011 at 03:57
10 at the moment, why?
Ahli sejak Aug 20, 2011
588 hantaran
Nov 03, 2011 at 04:00
just to know. so you have a good experience with it.
I think I'll do this too (opening multiple accounts)
I think I'll do this too (opening multiple accounts)
Ahli sejak Oct 05, 2011
36 hantaran
Nov 03, 2011 at 05:07
I'm impressed. What a interesting strategy.
geektrader posted:
10 at the moment, why?
Ahli sejak Apr 08, 2011
153 hantaran
Nov 03, 2011 at 05:35
Well, no rocket science here, just creativity and trial and error testing tons of brokers.
Ahli sejak Aug 16, 2010
453 hantaran
Nov 03, 2011 at 08:23
Don't forget that grouping orders will increase lot size significantly sometimes.
Unfortunately reality is different from what you described, I had some orders over 10 standards, and mostly they been a disaster to modify if market does not cooperate. Not certain it is due to order size though, but I have that suspicion. Seen it at many brokers like Oanda, Alpari, etc. Once orders are small all work well, once you start crossing some line, you start getting errors.
Unfortunately reality is different from what you described, I had some orders over 10 standards, and mostly they been a disaster to modify if market does not cooperate. Not certain it is due to order size though, but I have that suspicion. Seen it at many brokers like Oanda, Alpari, etc. Once orders are small all work well, once you start crossing some line, you start getting errors.
Professor53 posted:
If your MDP is trading at 6 lots and my larger account is trading at .8 then your account is very very large. Id say it must be 50k or so. Id lower my risk down from 1.5 to something a bit smaller for conservation like 0.75 percent. Be smart and be careful. Those are some big trades. You should also be getting a much better price of spreads with accounts over 10K. The spread should drop on that account and help you even more. Call your broker for a bettter pip package and ask if they have that program. Executive or gold or what ever they may nick name it. Not all brokers have it, but many do, to get the whale accounts to come onboard and trade with them. The savings is normally 1.5 pips per trade .
lobotomy8 posted:
Professor53 posted:
I loved that spike... Hope every does also.
It's very easy to get profits when trading small lots. Try to make profit if your consecutive trades will oscillate around let's say 8 lots.... These micro/nano trades doesn't require any substantial effort
Garry
Was mich nicht umbringt, macht mich stärker.
Ahli sejak Nov 23, 2010
88 hantaran
Nov 03, 2011 at 08:38
have a quick question, does MDP work with 4 digit brokers?
Ahli sejak Aug 16, 2010
453 hantaran
Nov 03, 2011 at 09:42
yes
Was mich nicht umbringt, macht mich stärker.
Ahli sejak Aug 20, 2011
588 hantaran
Nov 03, 2011 at 12:24
finally my new broker works fine with a excellent processing time.
but only 4 trades were opened instead-of 8 during the last batch using the default settings.
but only 4 trades were opened instead-of 8 during the last batch using the default settings.
Ahli sejak Aug 16, 2010
453 hantaran
Nov 03, 2011 at 13:04
finally GOOD DAY
Was mich nicht umbringt, macht mich stärker.
forex_trader_50505
Ahli sejak Oct 16, 2011
85 hantaran
Nov 03, 2011 at 13:08
from the last trades, my MDP average execution, open and modify time was >3000ms 😭
i think i need suggestion on this, what combination (broker and vps) that in average could give the good result, is there anyone could help me on this? 😳
i think i need suggestion on this, what combination (broker and vps) that in average could give the good result, is there anyone could help me on this? 😳
Ahli sejak Jan 31, 2011
724 hantaran
Nov 03, 2011 at 13:08
Well that sucks. MDP didn't even try to trade on that huge spike.
Make losses, but always come out a winner at the end.
Ahli sejak Aug 16, 2010
453 hantaran
Nov 03, 2011 at 13:14
Dunk, I will share a secret with you - NONE. The only was to trade successfully with MDP is to stay small and be under the radar. Brokers go after bigger traders. learned my lesson
Was mich nicht umbringt, macht mich stärker.
