Million Dollar Pips System Review

Filed under: Forex Software,Forex Systems |

Million Dollar Pips System Review

Million Dollar Pips

Welcome to our review of Million Dollar Pips.

Million Dollar Pips is a fully automated and easy to install forex trading system. It claims to be a low-risk forex robot.

All you need to do (apparently!) is to install the bot onto a computer and let it run: well, that sounds simple enough, doesn’t it? The vast majority of the trading seems to be done on the Euro/US Dollar markets.

The Million Dollar Pips team make some pretty extravagant claims on their sales pages regrading past performance: Based on 5 years of testing using high quality data, with an initial deposit of $250, we end up with an incredible $10,821,556.40 with a max risk of 6.82% of the account!

They also claim to be able to grow your bank by 50% in just 5 weeks!

This all sounds very impressive, but we’d like to put it to thes test ourselves, rather than just taking their word for it. To this end, we’re going to trial the Million Dollar Pips software for an initial period of 10 weeks, reporting our profit/loss account at a set figure of £10 per pip.

Keith Gravestock

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Million Dollar Pips System Review Results.

Million Dollar Pips Week 1: -7.0 pips

Date Pair Open Stop Close B/S Result

11/01/12

Eur/Usd

1.27293

1.2728

1.2728

B

-1.30

11/01/12

Eur/Usd

1.27193

1.27144

1.27144

B

-4.90

11/01/12

Eur/Usd

1.27137

1.27129

1.27129

B

-0.80

  Million Dollar  Pips Week 2 : +9.90 pips

18/01/12

Eur/Usd

1.28178

1.28163

1.28163

S

1.50

18/01/12

Eur/Usd

1.28173

1.28163

1.28163

S

1.00

18/01/12

Eur/Usd

1.28313

1.28339

1.28339

S

-2.60

18/01/12

Eur/Usd

1.28381

1.28311

1.28311

S

7.00

18/01/12

Eur/Usd

1.28372

1.28342

1.28342

S

3.00

  Million Dollar  Pips Week 3 : -76.8 pips

23/01/12

Eur/Usd

1.29557

1.29608

1.29608

S

-5.10

24/01/12

Eur/Usd

1.30384

1.30449

1.30449

S

-6.50

24/01/12

Eur/Usd

1.30384

1.30449

1.30449

S

-6.50

24/01/12

Eur/Usd

1.30382

1.30449

1.30449

S

-6.70

25/01/12

Eur/Usd

1.30057

1.30134

1.30134

S

-7.70

25/01/12

Eur/Usd

1.30057

1.30134

1.30134

S

-7.70

25/01/12

Eur/Usd

1.30057

1.30134

1.30134

S

-7.70

25/01/12

Eur/Usd

1.30052

1.30134

1.30134

S

-8.20

25/01/12

Eur/Usd

1.30048

1.30134

1.30134

S

-8.60

25/01/12

Eur/Usd

1.30165

1.30206

1.30206

S

-4.10

25/01/12

Eur/Usd

1.30159

1.30206

1.30206

S

-4.70

25/01/12

Eur/Usd

1.30149

1.30206

1.30206

S

-5.70

25/01/12

Eur/Usd

1.30172

1.30148

1.30148

S

2.40

 Running Total:

-73.90

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Million Dollar Pips Week 4

01/02/2012

Eur/Usd

1.31704

1.31763

1.31763

S

-5.90

02/02/2012

Eur/Usd

1.31708

1.31736

1.31736

S

-2.80

02/02/2012

Eur/Usd

1.31708

1.31741

1.31741

S

-3.30

02/02/2012

Eur/Usd

1.31804

1.31797

1.31797

S

0.70

02/02/2012

Eur/Usd

1.31777

1.31797

1.31797

S

-2.00

02/02/2012

Eur/Usd

1.31775

1.31815

1.31815

S

-4.00

02/02/2012

Eur/Usd

1.31807

1.31764

1.31702

S

10.50

-0.90

03/02/2012

Eur/Usd

1.3196

1.31974

1.31974

S

-1.40

03/02/2012

Eur/Usd

1.31898

1.31974

1.31974

S

-7.60

03/02/2012

Eur/Usd

1.31899

1.31974

1.31974

S

-7.50

03/02/2012

Eur/Usd

1.32007

1.31919

1.31828

S

17.90

03/02/2012

Eur/Usd

1.32002

1.31927

1.31773

S

22.90

03/02/2012

Eur/Usd

1.315

1.31541

1.31497

B

-0.30

03/02/2012

Eur/Usd

1.31246

1.31191

1.31191

B

-5.50

03/02/2012

Eur/Usd

1.3119

1.31199

1.31199

B

0.90

19.40

Weekly P/L: +12.60 pips
Overall P/L: -61.30 pips

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Million Dollar Pips Week 5

06/02/2012

Eur/Usd

1.31065

1.31103

1.31103

S

-3.80

06/02/2012

Eur/Usd

1.3105

1.31103

1.31103

S

-5.30

09/02/2012

Eur/Usd

1.33022

1.32998

1.32952

S

7.00

Weekly P/L: -2.10 pips
Overall P/L: -63.80 pips

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Million Dollar Pips Week 6

 

 

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