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Wednesday, January 13, 2010

Forex Trading Software That Makes Money

By John Adams

Forex Megadroid is a Forex software trading robot that is reshaping the market. There is a constant battle between robot software developers to create the best robot and to provide the highest positive trades in the market. The hype surrounding these Forex robots is due to the fact that these robots provide a simpler, more profitable, easy to use system for trading and seeing the highest returns on investments. There are drawbacks to these software programs and most of these centers around algorithms that are outdated and not operating in real time. There are also many user interfaces that are difficult to use and hard to understand. Most of the software programs also involve a lot of work and special skills to setup and run the software.

High Annual Net Returns Albert Perrie and John Grace prudently have posted trade-by-trade information on their product website. It is all there for everyone to see; their new droid actually has traded so well for the years 2000 through 2009 that it has multiplied an initial annual investment of just about $10K to no less than $40K (and even more) by the ending balance for each year. The current year 2009 figures are not complete, but it is predicted that the droid will trade well enough to reach 1000% net return. This information alone is enough for many forex traders to consider purchasing the robot to add to their own trading activities. But, be aware that Perrie and Grace have 38 years of combined trading experience behind them, and they had the $10K funds to gamble on their new droids trading experiments. If you do not have much forex trading experience, you will need to study forex trading, and learn trading basics in order to understand what you are doing. Do not expect Megadroid to set its own settings. You will need to make decisions about that, and your initial account funds may or may not be the same.

Trades can be quite few. Having only two to three trades a week is no surprise with the Megadroid. If you are the type that looks at the frequency of trades as one of the factors in deciding which Forex robot to get, you might want to look elsewhere. But if you are after trades that you can be sure you will win, this feature of Forex Megadroid will be very welcome.

If you are one of those traders who are very careful with their risks, the risk setting in Megadroid will be of much use. You can easily set how much you can risk for every trade, giving you a safety net so as to avoid wiping out your account in one single trade. Another feature of the Forex Megadroid is what they call the Reverse Correlated Time and Price Analysis, or RCTPA. The RCTPA allows the Megadroid to adapt to any given market situation without having the need to update its core algorithms.

And finally, there is an advantage due to the fact that this Forex robot software has a stealth setting. This allows it to be used without drawing suspicion or problems from brokers. You are able to trade and use the system to your advantage without repercussions or risks of problems.

Once you have done your research, then carefully start out on your own trading. It is looking more and more like you can't lose with Forex Megadroid, but the amount you win will be different from every other forex trader. - 23208

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