The Foreign Exchange Market is a merciless environment. A few or more mistakes in your trade and you might lose what you have started for. There are traders who have been performing well in their first few trades and went overly confident to give away all that they have.
So when there was a drastic change in the market condition they ended up losing everything. The FOREX market is an ever changing market that even experts sometimes find it hard to predict what would come up next. But if you have the right knowledge, right amount of investment and the right tool to analyze multi market conditions for you, you’ll have a better chance in winning the trade. Now the question is what is the best tool for you to use? This article reviews the two most popular trading robots nowadays, the FOREX Megadroid and the FOREX Autopilot. Will these robots work in a volatile market?
FOREX Megadroid and FOREX Autopilot are both FOREX trading systems that are designed to work better on a Meta Trader 4 platform. Both claims an easy plug and play set up instruction. Once set up it does the market trends analysis and place the trade for you. But I have a warning to beginners; systems that are not properly set up may not work as expected. Please take the time to read instructions carefully and ask their support staff if necessary for optimum usage of the trading robot.
The FOREX autopilot was create by a known trading expert Marcus Leary. He prides its funnel system design that gathers currency data…