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Forex Megadroid Review Does it Really Work Or Is It Another Scam?
Thursday 25 June 2009 @ 4:43 pm
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Forex Megadroid Review

Does it Really Work Or Is It Another Scam?

Hello  ,

Forex Megadroid stormed on to the market in March 2009 but it was still very much in the shadow of   Fap Turbo, which had one of the biggest launches of a Forex trading robot .

Forex Megadroid, Creators claim their robot has shown consistent results since 2001, with a success rate of 95.80% under all types of market conditions. Whats more important though is does Forex Megadroid Really work ?
Click Here to see the Forex Megadroid Review

Forex MegaDroid

Forex MegaDroid

Forex Megadroid
What is different about Forex Megadroid? Most Forex trading robots work well under certain market conditions, but fail  when the market changes. Many robots that work well when the market is moving back  and forth between a high and low price, but then makes massive losses when the market starts moving in a single direction  and visa versa. Even the famous Fap Turbo requires a flat, ranging ( back and forth price movement  ) market to perform well. The creators of Forex Megadroid claim it will make profits in any conditions .

Another alleged problem of other   Forex robots and the Metatrader platform in general is the shady tactics deployed by some brokers. It is claimed  that many Metatrader brokers trade against their clients and together with things like high spreads, off  quote errors and slippage it has become almost impossible for a trading robot to consistently make a profit.

Forex Megadroid is the first robot ever to be released with a broker protection or anti-broker mechanism. On the Forex Megadroid Homepage the creators promise no broker will be able to hinder you profit making trades.

Forex Megadroid is currently the only robot with  RCPTA (Reverse Correlated Price and Time Analysis) technology, which is supposed to be a new frontier in Artificial Intelligence technology. In other words  Forex Megadroid uses a very accurate, intuitive system to predict future movements of the currency pair it runs on.

The creators of Forex Megadroid posts trade by trade results of the robot on the Forex Megadroid Homepage well I must say the results look great – the account has almost quadrupled already in 2009 and according their recent newsletters they are aiming for a 1000% total return on investment for 2009.


What’s Included in the Package?
Once you have purchased the Forex Megadroid package you are taken to the members area where you can download the latest version of the robot and the installation manual. The product consists of the following main components:

  • The Forex Megadroid RobotLike Fap Turbo, the Forex Megadroid Robot comes in the form of an Expert Advisor for the Metatrader platform. The robot trades only on the EURUSD currency pair and runs on the 1Hour time frame. Based on the results I’ve seen so far, the Forex Megadroid system executes roughly 1 trade per day and according to the manual it does not trade on Fridays, Sundays or holidays.
  • The Installation ManualThe Forex Megadroid installation manual is a detailed, 78 page ebook that contains detailed step-by-step instructions on the installation and setup of the robot. The manual also contains a detailed section on how to perform backtesting against historical data if you are interested in past performance.
  • Support and UpdatesThe Forex Megadroid team seems very dedicated to the long term success of their product and they provide email support via a ticketing website, as well as frequent updates to the software to fix possible bugs, cater for new customer requests, or improve the effectiveness of the system. They also send our frequent newsletters to answer some of the common questions customers have, discuss future plans, etc.

Is Forex Megadroid Profitable?

Forex Megadroid long term profitability is unknown as it still a new player in the market.  However  so far the results that I have seen has been very impressive.  Like other robots there is a 60 day money back guarantee  , so i would suggest you give it a try and see what it can do for you . A demo account is also a good option just to see how thing work before you invest any money.
Click Here to see the Forex Megadroid Review Now

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Five Important Rules For The FOREX Trader
Saturday 6 June 2009 @ 10:58 pm
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Five Important Rules For The FOREX ( Foreign Exchange Market) Trader.


If you have just started trading in the FOREX market or your considering it , These five basic rules could save you a lot of money and keep that shirt on your back.

The Five Basic Rules for FOREX Trading

Yes it is worrying starting your journey into FOREX trading .The rules and methods of trading can seem like a lot to deal with . Of course you will learn many things along the way , like which currency pairs perform the best and trends in the market.

There is however key rules and methods you should be aware of in order to keep loses to an absolute minimum and maximize profits. You will avoid many pitfalls as well as recognize opportunities that will boost your profits in the FOREX market.

These are the five rules/methods we will cover :

  1. Don’t Over Leverage Your Investment
  2. Quit When Your Ahead Know When That Is
  3. Do your Research Before Making Trades
  4. Stop Loss Orders Protect Yourself From Large Losses
  5. Get A Trading Robot Save Time and Money

www.softe4u.com/fap_turbo_review/

Don’t Over Leverage Your Investment

It’s so easy to get caught up in the buzz of FOREX trading , However Leverage is a two edge sword. Leverage is basically trading more money than you have in your portfolio . For example If you have $2000 in you account some brokers will allow you to buy $50,000 of a currency . If you make a profit of 10% which is $5,000 you pay a small fee and you keep around $4500. Yes it does allow to play with the big boys and potentially make thousands in a short space of time. However Let say you make a loss of $5,000 , then your initial investment of $2000 is gone and you then owe the broker $3,000 plus and fees .

Of course if you can afford to make losses of a few thousand dollars , then this may not worry you ,however its better to get the know the market over time than take unnecessary risks. However I would say don’t get carried away as you need a steady well thought out approach to make a long term consistent income with FOREX trading .

There Is A Time to Quit – Know When It Is

When your riding high on a profitable trade ,many people don’t want to sell in the hope there profits will just keep on rising . Well values can fall as well as rise so don’t get greedy and lose your gains.

However you don’t want to cash in to quick and miss those few extra gains. Some trades you make won’t be successful. But over time and careful studding the market trends , you will get a feel for when to start and stop trading. Even Experienced traders have a few losses along the way , but over all they have far more wins that losses and you will too.

Click Here: Top Three FOREX robots Reviewed

Doing Your Research Before Making Trades

Research is a word many people don’t like , because it involves extra work with no apparent benefits . Well in the FOREX Trading market , having an idea of history and current trends can be the difference between winning and losing . Don’t treat the FOREX market like a casino because you will lose far more than you win. Do your research.

Stop Loss Orders For Protection

Stop loss is part of a system that stops you from losing too much of your investment or profit , basically if the value of the currency falls to the value you set in the stop loss , Stop loss will sell and stop you from losing any more profit .

Stop loss should be st up before you start to trade ,and you need to decide the value that the stop loss activates. The successful traders use this safety method all of the time .

Getting A Trading Robot Save Time and Money

Well after reading the four rules above you must be wondering if there is an easier way .

Well yes there is , FOREX automated robot software , not only trades on average better than humans it can also trade night and day with no interaction from you. Real live account studies have shown one particular robot Doubling Profits every month .

To discover which is the best FOREX trading robot visit the review site below

Click Here: Top Three FOREX robots Reviewed

www.softe4u.com/fap_turbo_review/

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