Forex Megadroid Review and Trading Results
The Forex Megadroid trading robot has taken the forex world by storm as supposedly the most advanced automated forex trading software in the market. The sales page posts incredible claims of returns and trading success percentage. Because of the incredible marketing launch of the robot, a big buzz has been building, and a plethora of review sites have come onto the web. But it's obvious when browsing through these that most of the "review" sites are merely sales pages. Most of the people that made these sites haven't really given a trade-by-trade review because most of them just want to sell the robot. Also, the claims on the company's sales page is information gotten through back testing the robot, and is of course, also biased. So the question that really remains is "does the robot really work?"
Before we get into it, here's a little bit about the Forex Megadroid and automated forex robots.
About The Forex Megadroid
Forex trading robots or expert advisors have been in vogue as of late because of the potential promise and benefits they offer. In theory, sophisticated forex automated trading software can analyze the market all they long, and then automatically get in and out of a long or short position for a winning trade. And this is done totally mechanically, with no human emotions of greed or fear. You simply set the risk settings and let the robot do its thing. This is the theory.
The basic tenets of forex market wisdom still apply even to a machine. Two of these tenets is: nobody (human or machine) can predict the forex market and you will have drawdowns or losing trades. Successful trading happens when the losing trades are minimized and your account is managed in a disciplined manner. Therefore, a lot of these robots have been known to wipe out accounts in just a few trades because they were not sophisticated enough to handle very different and changing market conditions.
Automated trading technology is relatively new. And like all new technologies, they evolve with time. The Forex Megadroid automated robot is the latest in the evolution of these robots. The makers of the robot boast that it uses a new type of expert advisor technology called Reverse Correlated Time and Price Analysis or RCTPA for short. This technology, according to them, gives the robot the ability to trade in different and changing market conditions. And they also boast a 95.82% success rate in trading. Obviously, this all simply sounds like hype.
So, Does The Forex Megadroid Work?
This expert advisor was found to work for many traders and not just the makers of it. The robot uses a scalping technique to gain pips. It only trades with the EUR/USD pair, and it waits until volatility within the pair is diminished before it places a trade. Once it does, it only gains a small amount of pips, about 15 at the most. But it does it every day for 4 days a week.
We at Forex Megadroid FX can't really speak for anyone else's experience. You can see exactly what the winning outcome has been with the Forex Megadroid on our account since April 4, 2009. See for yourself at Forex Megadroid Review and you will find our daily trading recap with video as well as: number of total trades, winning trades, success percentage and pip count. It is set up on a really modest account with only $266 to start. This isn't some gigantic $20K account where losses can be absorbed. We wanted to know if the Forex Megadroid was going to work for the very "little guy" as well. We hope this article helped.
RCTPA Trading Technology
The ONLY Forex Trading Robot With Patented Technology
As Seen On: CNN Money, CNBC, Money Networks, Bloomberg and scores of other Financial Magazines and Programs.
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Trading Robot Reveals 95.82%
EVERY SINGLE Market Condition!
Reviews and Tested By Real
Looking for a Forex MegaDroid review? You have come to the right place. We have gotten our hands on this red hot product, taken it apart, and tested it out. Does MegaDroid live up to the hype? Or is it simply a Forex robot scam? You will find out below. Forex Megadroid was released on March 31st of 2009. The product was created by Forex trading legends Albert Perrie and John Grace. They have based the software on the types of strategies they have used to make a fortune over their 40 years of experience in the market.
If you are into forex robots you probably
know why you read a review on Forex MegaDroid, because it's
currently considered to be the most efficient, accurate forex
robot you can possibly get. It's just different, read on the
review to find out why:
New Artificial Intelligence advancements
made it possible for MegaDroid robot to see into the near
future with 95.82% accuracy and trade profitably with
More on: Megadroid Reviews:
98% Accurate Forex Strategy: The basic tenets of forex market wisdom still apply even to a machine. Interest rates established by central banks determine the rate at which commercial banks can borrow from the government and thus the rate at which they will lend to their customers including Forex traders. You are simply following a
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Adm Forex Broker: This is a major advantage to have in your corner when you consider the 24/5 nature of the market throughout the week. Recently on January 5 2009 it was tested with the initial capital of 500 Euros. The included videos show you live trade examples of what you've learned, and get more
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Forex MegaDroid is the first robot in the
market with RCTPA Trading Technology, new artificial
intelligence makes it the first Forex robot able to trade
profitably in any market conditions..
It's the revolutionary RCTPA technology
in Forex MegaDroid, no other forex robots in the market offers
Technologically Superior with its US Patented RCTPA Technology, making it able to predict with advanced accuracy of up to 99%.
Featured by top Forex Trading brokers, seen on CNN, CNBC, Forex Online, Money Traders
One of the first Forex Trading Robots to hit the Market. Back then, a 75% Accuracy Prediction was considered a fantastic Feat.
Advancement to the program has come to a halt. Programmers are no longer actively working on this. Sold as-is basis.
Yes, tonnes of other people are talking about FAP Turbo as well. Yes both are automated Forex Trading robots, but the fact that FAP Turbo came out earlier is the probably cause of its fame. MegaDroid came out a bit later, it has not been commercialized that much yet, but with its new RCTPA technology Patent, MegaDroid Forex Trading robot is by far the superior Forex trading robot. Scores of Professional Forex Traders has switched over to MegaDroid as the patented RCTPA technology offers stronger prediction accuracy!
Whether you are a beginner or a seasoned PRO, MegaDroid will be able to suit your needs as it is fully automated, and takes a very short time to master. The core component is its Patented RCTPA Technology, which is one of its kind in the market.
Megadroid has been featured on various fronts, including:
CNN Money, CNBC, Money Networks, Bloomberg and scores of other Financial Magazines and Programs.
REMEMBER you can DEMO-trade the robot with
virtual money before you decide to go live.
* Ideal for new
traders, you can have it running within minutes, literally.
Just follow the steps and you're good to go.
In any case, most likely all you need it's facts to help make
the right decision.. Agree?
Special Bonuses and