Posted June 13th, 2010 by sharkdancer
There are so many people saying all sorts of things about the Forex MegaDroid. Some traders rave and rant about how it is the best Forex robot ever and others think the robot is just an ordinary tool that can help or hinder you. Forex trading can be very profitable if you know what you are doing and if you have the right tools.
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Let’s look at some information about the Forex MegaDroid Robot.
First, Forex Megadroid’s trading history before it was released to the public appears to be very profitable. What makes it different from other robots? The Forex Megadroid robot uses a new RCTPA (Reverse Correlated Time and Price Analysis) technology. This robot is the first to use this type of technology. RCTPA is supposed to allow the program to function much like a human being who can react to changes in the market trends. The technology is supposed to be able to make predictions on how the market will change. Makers of the robot software claim that the program has a very high rate of achievement that can be traced back to 2001.
Second, where did the Forex MegaDroid come from? The Forex MegaDroid robot was developed by two experienced traders from the industry, John Grace and Albert Perrie. The robot is the results of their combined experience in the currency markets.
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Third, do people need prior experience in the currency market in order to use the Forex MegaDroid? Traders that have used the program revealed that no previous experience was needed and that the program was very easy to use. Simply install the program and you can begin to use it right away.
Fourth, MegaDroid has a trial system that will allow the user to test out their strategies. Test out the market without taking the chances with your investment portfolio. If you are comfortable with the market, you can jump right in and begin trading and hopefully, you will begin making a substantial profit. The MegaDroid appears to be ready to use no matter what level of experience the user has. Don’t invest more than you can afford to lose.
A great deal of information is available on Forex robots including the MegaDroid. Check out the claims of the MegaDroid and other Forex trading robots to determine which kind can provide you with the tool that will help you make a profit in the turbulent Forex markets.
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Posted June 9th, 2010 by sharkdancer
Many traders want a forex robot that works and enclosed you will find one that is and it won’t cost you a dollar, yet it will out perform over 95% of the robots sold online. Here it is take a look.
Mechanical forex trading systems sold tend to destroy accounts. This is because the track record the forex trader buys is never real, it’s a paper exercise done in hindsight and normally carries this warning:
“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.
The system has never made real money and paper money means nothing, as you can’t spend that in the supermarket.
These robots are curve fitted i.e. the rules are bent to fit the data and produce a profit.
Data never replicates itself in the exact sequence again and the system takes a bath.
Now were going to look at a simple forex trading system which cannot be curve fitted by its very nature (as it’s only one rule) and has been traded by savvy traders for over 20 years and continually produces great long term profits.
It works on any trending market and of course, currencies are one of the best markets for trends.
Here is the system:
Buy a new 4 week high and sell a new 4 week market low.
That’s it. Very simple and it’s very profitable as it’s based on 2 core foundations that will never change:
1. Big forex trends last a long time
2. Breakouts are where most new trends start from
Don’t assume because its simple it doesn’t make big gains it does.
You can easily test it and see.
Simple forex trading systems always work best, because they are very robust with fewer elements to break than complicated ones.
This is easily proven by looking at all the advances we have seen in forecasting in the last 20 years – we have quicker prices, more powerful computers (your desk top computer has more processing power than the computer that landed man on the moon!) and more complex theories – but has this changed the success ratio in trading?
Not at all.
95% still lose and 5% win and this will always be the case.
Does the system have a downside?
Yes it does when forex markets trend sideways it will get chopped and incur drawdown.
Here you can alter the exit and exit on a 1 or 2 week stop, then go flat and wait for the next 4 week trading signal to get you back in.
Not many traders will bother with this system though and it’s not because it doesn’t make money, it’s because they perceive complexity helps them.
After all, a neural network or system based on chaos theory sounds like it should make money and makes them feel they have technology on their side – but the above system will beat most of these more complex systems hands down.
I once made the mistake of buying a system off an ex NASA engineer and felt it would help the result it wiped my equity out in two weeks!
The 4 Week Rule on the other hand, I have used for 20 odd years and its done great – some periods of drawdown (but all systems have them) and a thumping profit.
To run this system you need tremendous discipline, as it’s not fussy about market timing and it’s brutally mechanical but if you have discipline then it will work a treat.
So before you buy a forex robot which hasn’t been proven try this one – it’s been used by some of the world’s top traders, is easy to understand apply and can lead you to currency trading success.
Check it out and keep in mind it won’t cost you anything to test and it you will surprised at how much money it can make if executed with discipline and with an eye on long term performance.
Posted June 4th, 2010 by sharkdancer
The Forex robot enclosed is free and everything you need to know about it is enclosed. After reading this article, you will know how it why it works and how by applying it you can enjoy long term currency trading success…
There is a huge industry in Forex robots and so called Expert Advisors to choose from which you can buy but is the one enclosed better – the answer is and its better for one simple reason – it makes money.
The Robots you see heavily advertised are junk. They don’t work, and simply rely on made up track records and clever advertising but none of them have made long term gains.
Let’s look at our free system and it’s so simple, you don’t even need a computer, it has just one rule and this is the rule:
Buy a new 4 week high and hold the position until a new 4 week low is hit, then reverse your position to a short. Keep buying new 4 week highs and selling new 4 week lows and always keep a position in the market. You can’t get a simpler system than this but it works and it’s obvious why.
It’s a simple robust long term breakout system and it’s a fact that all major moves start from breakouts.
This system will get you in on all the big trends and get you will get a good chunk of them in terms of profits.
This system is not new, it was devised by well known trader Richard Donchian in the late seventies and traders have been using it ever since.
The system is simple to understand, very robust, it’s based on breakout trading which will always work and its simplicity is the very key to it’s success. Simple system always work best, as they have fewer elements to break than complicated ones.
Most traders won’t use this system though.
They will think it’s to simple to work (despite the fact that it does), it doesn’t have any glossy packaging and it doesn’t make unrealistic claims. Traders still believe the bought robots with there made up track records will beat it but they don’t and never will.
The system takes discipline to follow as its long term but on the plus side, you only need 30 minutes a day or less to operate it and it gives you an objective signal which you simply follow.
Some of the great traders such as Richard Dennis, have been fans of the system so if you use it, your in very good company.
The system is called the 4 Week Rule, it’s been used for decades by savvy traders and has made countless millions in profits. Check out this free forex robot and you will be glad you did and remember – it costs nothing and is totally free.
Posted June 1st, 2010 by sharkdancer
For someone who is often on the guard hunting ways to earn money in FOREX, searching for a good-quality FOREX robot should be number 1 in your list (aside from learning what you should learn about FOREX.)
The frequent changes in the market with the added sophisticated tools being developed, it is vital to be on your toes. Such as this trading program which has worked yesterday has the potential of not working 3 months from now. It is crucial to be on top of the game, to be able to produce more and more profits.
Upon the release of the FOREX fantasy, many investors were excited. It has evidently solved one of the most severe problems of FOREX trading robots, something which bothered tons of investors: how robots appear to be vulnerable to the changing market conditions.
As you can see, nearly all FOREX robots work with a statistical trading algorithm. And now, this might be huge in a good number of market conditions and probably good enough to manufacture long term profits. However it also exposes you to the probable huge losses when the market overturns. This is exceptionally true of unstable markets as we have experienced through these times. Mainly due to algorithms are static as for the trading robots would not react well to these conditions and might perform badly.
Why is the FOREX fantasy any different? Why must you believe that it might possibly be the best FOREX trading robot?
Simple, unlike all the other robots, FOREX fantasy works with a learning algorithm. Which means it studies the market, observes how it behaves and changes accordingly. This is definitely a smarter robot. It in fact reacts to the market and works harmoniously along with it. It allows not to only keep away from suffering heavy losses but to actually turn them over into new profit opportunities.
Of course, the FOREX Fantasy is not without its flaws. It is a robot, and no robot is perfect. It will lose on given occasions, but think of it this way, in the long run, it will have higher success rate and will likely provide you with better earning than all the rest.