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Do you use Forex Megadroid?
The robot has not traded in 2 weeks, I wanted to know if this was a specific robot thing affecting all users, or if it just me. Thanks.
I've been trading Forex for a long time both placing trades manually myself and with a robot, the robot has been doing a great job so far, not one losing trade in over 50 trades, but this 2 weeks it hasn't traded anything at all. So all of you who have been ripped off on Forex via broker, robot or otherwise you should've done your homework before hand. I appreciate the advice and the time you took to answer my question though. I'm yetto hear from someone who is actually using Megadroid, anyone out there? Thanks again.
7 Answers
- 1 decade agoFavorite Answer
The only way to make money in forex is to be a broker and collect commissions, or program and sell your own forex bot (if you can look yourself in the mirror).
Be grateful your account balance has been safe for two weeks.
- 1 decade ago
I have used many EA's on demo and live accounts and so far, Megadroid is the most stable and consistent EA. I have purchased a couple of custom EA's that cost in the range of $450 to over $1000 and they did not perform as well as Megadriod. Megadriod is not very exciting and does not trade often however, I would rather have an EA that didn't trade often and made profits then one that does trade often and looses.
Your broker may be cranking up the spreads and slippage may be the issue for the lack of trades however, one thing about Megadriod is, if the market is not conducive for a trade by Megadriod standards, it will not place a trade which is a good thing. Hang in there and I believe you will be happy with your results in the long run.
Regards,
Jim
Source(s): www.takagienterprises.com - 1 decade ago
Do not trust forex robot, it is quite a risk for you. Instead learn about forex trading via internet which is the best place to learn. Gain enough knowledge about the techniques and forex market. Analyze the market and technical analysis to trade with forex. You can also learn from the given source.
Source(s): http://www.forex4you.com/ - 1 decade ago
I don't use Megadroid anymore although it is the robot that I trust most. But when I used it, there where period where it has not traded for 3 weeks.
So relax and let the robot do its work - although keep an eye on it!
Source(s): http://learntotradeforexfree.com/ - How do you think about the answers? You can sign in to vote the answer.
- 5 years ago
You can make money in binary options only if you treat it as a real form of investing. Learn here https://tr.im/7EJSl
This means learning how it works, learning how to read charts and learning how you can make accurate predictions. All these are not that difficult but it takes some time. If you treat it as gambling and just make random predictions then you will obviously not win.
- Anonymous1 decade ago
Small piece of advice--> Don't trust your money to a forex bot if you don't know how the bot works or if you can't tell if it's working.
The only real way to make money in forex is to learn the market and do it yourself.
