I'm yust wondering if any of you guys are using forex megadroid cause i read allot of reviews and videos on youtube and they were all positive. But what i didnt see anywhere is whats the % of the money earned per week/month/year if any 1 has any feedback on this. Also if there's any better forex robot plz let me know ;) I would much appreciate it :)
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I'm yust wondering if any of you guys are using forex megadroid cause i read allot of reviews and videos on youtube and they were all positive. But what i didnt see anywhere is whats the % of the money earned per week/month/year if any 1 has any feedback on this. Also if there's any better forex robot plz let me know ;) I would much appreciate it :)
Never tried one of these b4...theres one on every investment site....guess it wouldnt hurt to try they arent that much just a few hundred bucks...its putting your account in their control thats risky
Never tried one of these b4...theres one on every investment site....guess it wouldnt hurt to try they arent that much just a few hundred bucks...its putting your account in their control thats risky
well i must say that i backtested it a few weeks and it worked with +. You also have the week by week test on youtube where some1 tested it on a demo account and then went on a live account. here's the link for week 29 for a live account result: https://www.youtube.com/watch?v=T0o7VX9b8c8&feature=related
well i must say that i backtested it a few weeks and it worked with +. You also have the week by week test on youtube where some1 tested it on a demo account and then went on a live account. here's the link for week 29 for a live account result: https://www.youtube.com/watch?v=T0o7VX9b8c8&feature=related
Ok... I have done quite a bit of research on forex bots for trading, and to honest, I haven't found very many that I would trust for a number of reasons.
First, most of these bots were validated on back testing. We all know that the market is very dynamic, and that past results are not indicative of future results.
Many of the vendors of these bots may or may not provide continuous support for them. In other words, it may work today, but may not work next week. In the case of Megadriod, I have heard feedback in which it worked for a few weeks, and then stopped working. Read the reviews at www.forexpeacarmy.com. There are also reviews about other bots as well.
Many of the Youtube vids are of people associated with these things, therefore, they are extremely biased.
If you are really interested in automated forex trading, look into this:
https://www.fxcm.co.uk/forex-system-selector.jsp
I have been using a demo account, and have had positive results. I am going to open up a real account here soon, but that doesn't mean I won't be trading manually as well.
Ok... I have done quite a bit of research on forex bots for trading, and to honest, I haven't found very many that I would trust for a number of reasons.
First, most of these bots were validated on back testing. We all know that the market is very dynamic, and that past results are not indicative of future results.
Many of the vendors of these bots may or may not provide continuous support for them. In other words, it may work today, but may not work next week. In the case of Megadriod, I have heard feedback in which it worked for a few weeks, and then stopped working. Read the reviews at www.forexpeacarmy.com. There are also reviews about other bots as well.
Many of the Youtube vids are of people associated with these things, therefore, they are extremely biased.
If you are really interested in automated forex trading, look into this:
https://www.fxcm.co.uk/forex-system-selector.jsp
I have been using a demo account, and have had positive results. I am going to open up a real account here soon, but that doesn't mean I won't be trading manually as well.
Buck is right. I have tried a few robots and did not like the control that you have to give up to let these things trade for you. Most of them blew up (bankrupted) a demo account in a matter of days. And while Megadriod was the exception, there were times when it wouldn't make a single trade for weeks. It trades one currency in one time frame at a rate way too slow to make any real gains in my opinion.
The best way to trade is to put in the homework and learn to trade yourself. You'll be glad you did.
Buck is right. I have tried a few robots and did not like the control that you have to give up to let these things trade for you. Most of them blew up (bankrupted) a demo account in a matter of days. And while Megadriod was the exception, there were times when it wouldn't make a single trade for weeks. It trades one currency in one time frame at a rate way too slow to make any real gains in my opinion.
The best way to trade is to put in the homework and learn to trade yourself. You'll be glad you did.
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