An Honest Megadroid review from a Self trained EA programmer

Hello everybody and welcome to my review of the automated forex trading robot called Megadroid.

In the past seven years I have been trading the forex trading on and off and during this time I discovered the wonders of automated trading. Ok so lets not kid ourselves many people out there can not even make a success out of online trading forex manually, we ask then, how is it possible for a piece of software to do this ?

Well most of them don't ! Yep that my friends is the honest truth.

Due to the forex market being based on human emotions from millions of different traders and banks. This fact simply makes it rather hard for any programmer to take this equation into consideration and program software to analyse human behaviour.

Thus over 95% of EA's tend to do quite well in the first couple of weeks maybe a few months but then it simply starts to fail due to the market being turned on its head because of all kinds of unforeseen events, take the US elections for instance : This made the market rumble like a dish washing machine with a messed up drum belt :) and mixed with that came the recession. During this period the US $ and EUR made huge leaps up and down and the rested again going sideways for days and caused mayor losses and some huge gains if you were on the right side by accident.

Anyway how does this influence EA's ? Simple they can not predict these movements even though many of them try.

But here we have a little ringer. The Megadroid robot trades using different strategies on different currency's and very successfully. Essentially what it does is trade during the Asian market hours when most currency pairs are rather quiet thus more success for its strategies taking smaller profits is quieter periods.

Another thing using Megadroid or any other EA for that matter completely disposes of the human emotional factor. Many traders get anxious when placing trades and when the online trade starts to move against them they get worried and simply closes the trade in a loss and this happens time after time until your account is what we call it "BLOWN", And yes I have been there :(

What I have found though with Megadroid even though it is not perfect it will grow your account slowly but surely. You can start trading it with very little and it will after a while start to make more and more profit due to the compounding effect in your account. Simply put the larger your account gets the larger trades it will make thus more profit.

Megadroid does get a thumbs up ! It does make losses every now and again so it is not the so called "Holy Grail" and will not make you rich overnight but it is consistent and with some patience after a few months with your account being grown to a large enough amount you will make ton's of money for sure.

But please do not only take my word for it follow this link and find out what the developers have to say : Megadroid

To your success friends.

Regards

David