Forex MegaDroid – Why is the MegaDroid Trading Robot's Stealth Mode Feature Important?

In the world of the foreign exchange industry, there are two types of people, we the traders are the ones who, of course, enter trades and the brokers who are the ones that are conducting these trades. Trade brokers are the ones that set the level of earnings of a trader. It is also common knowledge that when we traders win, brokers are the one who lose a lot of money. Trading robots like Forex Megadroid, accurately wins many trades causing brokers to lose a lot more than they normally do. This is one reason why brokers hate trading robots.

Here is the typical broker-trading robot scenario: if a broker detects that a trading robot is being used, they will do everything they can to stop your robot and to decrease your profits making you lose a lot. Luckily, the developers took care of this problem and this is where Megadroid's stealth mode feature comes in.

The stealth mode feature allows the Megadrid robot to legally become invisible and hide itself from the prying eyes of brokers. This will prevent interruptions and interfering of brokers enabling you, or the machine, rather, to do its work more productively. It will use different kinds of trading strategies fooling the broker into thinking that you are the ones doing the trade and not a robot.

You would probably be thinking that brokers are not that stupid not knowing that Megadroid has this feature. Yes it is true that brokers probably know about this unique and useful feature. However, users claim…



Source by Edward J. Woods

Forex Automatic Trading – The Hidden Risks Of Forex Robot Traders

Take one look at the Forex automated trading industry, and you will find hundreds of thousands of forex robot traders falling over themselves to double your account overnight, give you a 90% chance of having winning trades, and dazzle you with trades in and out every couple of minutes. If you're like me, you know deep down inside that there's something wrong with that story, and by the end of this article, you'll know exactly what it is.

If there's only one thing that you get out of this article, let it be this. In Forex automatic trading, just as in any form of investment or speculation, high rewards are often accompanied by extremely high risks. I do not say that to scare you, but it's true, and it's very scary indeed. With that in mind, I want to conceal the hidden risks that come with the major of Forex robot traders out there:

1. Rapid Doubling Or Tripling Of Your Account

You might be surprised when I tell you that most people are able to double or triple their money with Forex expert advisors. It can happen overnight, or in a few days, or in a few weeks. So the reality is, your Forex robot trader developer is not strictly dishonest with you.

Here's the catch though: you're just as likely to completely and utterly wipe out your trading account as you are to double it. As I mentioned before, high risk follows high rewards, and any Forex robot trader that trades with a big enough leverage and position size to grow your capital that quickly has the…



Source by Thad B

Forex Megadroid Robot – The Silent Assassin All Forex Brokers Hate!

Why do brokers hate the Forex Megadroid robot so much?

As someone who is still fairly new to forex trading, I toyed with the idea of ​​using a trading robot to give me a head start in the business. After trying out a few robots that left a lot to be desired, I gave Megadroid a shot.

When forex trading robots first surfaced several years ago, the brokers quickly became very aware of a new threat to the conflicthold they had on the millions of traders out there.

Because brokers typically trade against the traders, which means if you win then they lose and vice versa, anything that gives us an advantage is bad news for them. So what did the brokers do to protect their massive earnings:

They rigged the system so that robots could not take winning trades !

The brokers implemented their own software, or robots, to detect when a traders account was being traded with a trading robot. Once detected, the brokers did whatever they could to stop it making money.

One of the ways they prevent robots from trading profitably is to raise the spread on the currency pair in question during the hours that robot tenders to trade. Other tactics that use are to block you from trading when a robot is detected, or to close your account altogether!

So where does the Forex Megadroid robot fit into all this? Well, quite simply, the Megadroid robot is different from the others because it is able to trade undetected.

The new technology the makers of Megadroid have…



Source by Mike D Weaver

Forex MegaDroid – Expert Advisor Forex Trading Robot

Summary:

A very pleasant surprise; the Forex MegaDroid is an outstanding performer with 97.3% profitable trades (proven below on this page). Much better than the vendor's claim of 95.8% success. Fully automated. With live testing of 101 profitable trades out of 103 made since January 1. You must forgive its sleazy looking sales page; this product is much loved by its 18,000 users.

This expert advisor robot is a must have. I am very impressed.

The Forex MegaDroid has been developed by John Grace and Albert Perrie. Both are forex traders with 38 years forex trading experience between them. As close friends, over time they are firmed up their thoughts about developing their own trading robot.

Sadly the Forex MegaDroid has a horrid sales page which was initially a big turn off for me. It's exactly the look and feel you'd expect from a used car salesman with sleazy tactics. It is so tacky that I expected to be reporting here that their product is a disgrace. But during my research of them, I was forced to reconsiderer my first impressions. The proven, ongoing live testing results confirm this.

In all of the live-account testing I have seen, there is no question that it performances exceptionally well. They claim better than a 95% successful trade rate – which I doubted very much – but it's true. I have seen the proof many times.

As an example, my review page there are links to see a guy's live trading accounts that he opened on April 20, 2009;

Live $…



Source by Phil Jarvie

Understanding the Essence of Forex Trading

Many people talk about Forex but only a few of them understand the meaning. It stands for Foreign Exchange and this is the largest financial market all over the world. When you would have learned more about such matter, you will learn more about some things and read the forex robot, forex crescendo review and also the forex robot review. Surely, this kind of market has no specific place as its location. The advance of technology just requires people who are included in such trading to communicate by phone and even the computer links among dealers. They are from different trading centers of a lot of different countries.

Before you talk further about the matter above (including about forex megadroid review as well as the forex bulletproof review), you should understand firstly about the difference of foreign currency and foreign exchange. I think all of you already have understood about the very easy answer. Now, let's learn about the reasons why people keep selling and buying the contracts? In fact, this full of speculation trading is still interesting for some people. The latest researchers show the result that 5% of the daily turnover coming from the governements and companies which do the international trading and the profits of such trade should be entered into the domestic currency. What about the other 95%? The remaining people join this trading to get the profits as high as possible, while some others follow the trading just for speculation. They…



Source by Jude Gaine

Forex Profit Signals

What is Forex Trading:

Forex Trading is trading currencies from different countries against each other. Forex is an inter-bank market that took shape in 1971 when global trade shifted from fixed exchange rates to floating ones. This is a set of transactions among forex market agents involving an exchange of specified sums of money in a currency unit of any given nation for currency of another nation at an agreed rate as of any specified date. During exchange, the exchange rate of one currency to another currency is determined simply: by supply and demand – exchange to which both parties agree.

Actually Forex is the financial game between BULLS and BEARS.

The Major treaties pairs are:

EUR / USD
GBP / USD
USD / JPY
USD / CHF
USD / CAD
AUD / USD

And these are the 6 best Forex Markets.

What are Forex Signals?

Forex signals are indicators that let you know when it's a good time to buy or sell a currency pair. They provide you with insight as to what's going on in the Forex market without the necessity to monitor Forex trends throughout the day. If you are self-employed or employed by another company, Forex trading is likely a part-time endeavor for you. You will not have time to sit at the computer and monitor the Forex market all day. Forex signals can be delivered to you through the day by professional Forex traders to give you a heads-up on what's going on in the market. You can receive the signals, and then place the signals for buy or…



Source by Pradipta Kumar Bari

How to Start Your Own Forex Signal Website Business

Forex trading is getting more and more popular among retail traders. Every day we see advertising on television and online. The truth is that Forex trading is not easy task to do is very obvious for those who have been trading currencies for at least few months. Everyone will agree that it is hard to fight against the huge Foreign Exchange market. And it is even harder to earn money in Forex trading in the long run. That is why 95% of the Forex traders are struggling to find that "holy grail" trading system, Forex robot or Forex signal service that earns money in the long run. If you happen to have profitable trading experience you can sell it to people. Having your own customers will give you much more revenue that you could imagine. A small Forex signal website business with only 10 customers paying a small $ 100 USD monthly fee would generate you $ 1000 USD profit every month. Get yourself 100 customers and you have $ 10,000 USD income every month. Yes, it is that simple. You can set monthly, weekly or even daily recurring payments.

Although it is not hard to start your own Forex signal business, you will still need to do some work and have some money. First what you will need is special software that can send Forex trades to your customers. Luckily there are several ready-to-use software available online and you can purchase unlimited license anytime. Now be wise and careful when you choose software for your Forex trade delivery. Such software…



Source by Rimantas Petrauskas

The Pros and Cons of Using Technical and Fundamental Analysis in Forex

There are basically 2 primary methods that Forex traders use to analyze the market. They are technical and fundamental analysis. Pure technical analysts will say that it is impossible to trade on the news, because the market moves so fast and whatever news out there the charts will tell you too. On the other hand, fundamentalists will say that only the news moves the market. Technical indicators are always the followers. So which methods should we use? To find out, let's look at the pros and cons of both of these methods.

Technical Analysis
Technical analysis involves tracking past currency price movements and use indicators to help identify in which direction the current price may be heading. This analysis can be performed manually or automatically. Under the automated system traders use software (expert advisor) or robot to help them find trades and identify entry and exit points. Technical traders believe that all of the required information needed to place a trade is contained in the charts.

Fundamental Analysis
Fundamental analysis focuses on key underlining economic, financial and political factors to determine the price direction of a currency. Fundamental traders believed that treaties movements, whether it becomes stronger or weaker, are related to the strength of the economy, financial and political situations. Here, fundamental reports and news are important to them. News and reports such as interest rates, employment, trade balance and…



Source by Casey K Ho

Partial Close – Scaling Out Forex Profits

Partial close is a type of exit strategy where the forex trader plan his trade exit in several increments as opposed to closing the entire position at once. This method is performed by closing a portion of it’s overall trade size as the trade becomes profitable and continue to their profit target.

This technique allows traders to capture smaller profits faster while leaving the position open as the market moves farther in their favor.

One major drawback about the partial close method is an imbalance in risk versus reward. When a trader employs the partial close strategy, the amount of profit taken is rarely equal to the amount of risk assumed when the trade is opened.

This method is commonly thought to reduce losses and increase profits, following the idea of banking your profits. However it has an unfortunate characteristic that has nasty effects on your profits.

Consider a trader who trades 10 currency lots at a time and a 40 pip stop loss. His total initial risk on the position is 400 pips. If the trader partial closes half of his positions out with a 50 pip profit, he will have covered 250 pips of the initial 400 pips. The remaining position must be closed out at a profit greater than 50 pips to maintain a risk to reward ratio of 1:1.

Traders usually exacerbate the problem by moving their stop loss to break even after partial close with profit. If their remaining position is closed out at break even, they have risked 400 pips to gain 250. If their next trade is stopped out…



Source by Warren Seah

Best Automatic Trading Software Review

Many traders start to trade Forex manually. I used to do the same. In the beginning it was very hard. I was on a verge of quitting trading currencies.

After some time of trading experience I came across automatic Forex trading software but I was skeptical at first. After all that software works then any trader would get rich quickly by putting their trading on autopilot.

After experimenting for some time I discovered that it was not that simple. They do work but trader needs to be careful and watch for a few parameters of the robot to make sure it stays profitable.

If you think that all of these trading software that automate your trading are scams think again. It is known that some, though not all, managed Forex accounts are traded using automated trading software. A trading program actually executes the trades instead of a human.

Now is there such thing as a best trading program? You see the major disadvantage of that software is that it gets outdated because market conditions tend to change overtime. A trading robot that was giving nice profit last year may not work very well this year. So to have good trading software you need constantly update it.

For example Euro vs. US dollar was in uptrend for long period of time. An Expert Advisor that is programmed for such market behavior now will be losing money since that pair in a downtrend.

You can get a market that was constantly ranging into a strong trend. The opposite is true. A strong…



Source by Anton Taverdine