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mistificator
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Million Dollar Pips
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Nov 05, 2011 at 12:15
or use another broker. what's a point to pay so much for your trading? tenix, why you think FinFX was only one where NFP spike trades were triggered? LOL
Million Dollar Pips
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Nov 04, 2011 at 14:55
And loss will be a high probabily outcome.. Better option is to trade it on a fixed spread broker.
Million Dollar Pips
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Nov 04, 2011 at 14:11
No problem here... remember old truth: divide and conquer!
Million Dollar Pips
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Nov 03, 2011 at 15:16
spread? maybe it was too big for mdp to trade?
Million Dollar Pips
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Nov 03, 2011 at 13:52
maybe you lost conneciton to server, check the logs what they say
Million Dollar Pips
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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
Million Dollar Pips
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Nov 03, 2011 at 13:04
finally GOOD DAY
Million Dollar Pips
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Nov 03, 2011 at 09:42
yes
Million Dollar Pips
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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.
Million Dollar Pips
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Nov 02, 2011 at 23:27
very true. I have same problem.
Million Dollar Pips
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Nov 02, 2011 at 19:20
I got some too, but my broker has deteriorated a lot last week. I have switched down to 1 max trade normal risk and will run another test with 8 trades minimal lot for comparison. Lots of errors, slow modification, not timely order closure, trail stop, etc.
Million Dollar Pips
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Nov 01, 2011 at 23:01
Well then I am happy for you. Experience though tells once you start trading bigger execution will start deteriorate or broker overall start to deteriorate. I still think MDP can be used profitable, but some thinking needs to be applied.
Million Dollar Pips
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Nov 01, 2011 at 22:46
Problem is not a slippage (I mostly get none even for huge orders), but delay in execution, so order has been submitted, but while it is being processed price moves to the requested level and execution is erred, position not modified. This is much worse than any slippage and its impossible to simulate.
Million Dollar Pips
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Nov 01, 2011 at 22:39
Geek, the problem here is when broker fails to execute order modification losses can be severe as the full stop out will be used. This is what happened today. When execution is perfect like on demo back test, there will be no severe losses, unfortunately not the case on live.
Million Dollar Pips
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Nov 01, 2011 at 21:47
MDP is fine, it's broker issue. My other broker did not lose nothing same config as the main one.
Million Dollar Pips
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Nov 01, 2011 at 21:46
then check for the errors and your latency maybe orders were received too late.I have good latency but got a lot of errors due to slow execution :(
Million Dollar Pips
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Nov 01, 2011 at 21:16
I won that one and covered part of the losses. The only reason for the loss was slow broker execution. My other broker did not lose nothing as modification was 3 times faster.
Million Dollar Pips
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Nov 01, 2011 at 21:15
I have up to 100 standards opening on same conditions with 200:1 no problem. And it is easy to work around lot size if you think a little.
Million Dollar Pips
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Nov 01, 2011 at 18:10
I have smallish gain on one broker and huge loss on another, execution was extremely slow and most likely the case of huge losses.
Million Dollar Pips
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Nov 01, 2011 at 18:01
same story as with 2Trl EFSF rumour. constant move with not retrace, only enough to trigger. All in late NY session when manipulation is easy. Maybe better to stop any trading this time for good.
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