Is the forex megadroid robot really a viable strategy for profitable forex trading?
As a person who was still searching for the ‘Holy Grail’ of forex trading, it was a something I had asked myself not too long ago when I first came across the idea of automated forex trading.
I had been finding it hard to make any serious profit from forex trading since I took it up some 12 months or so ago, not least because I had a demanding full time job and a family that took up most of my time. I was desperate to get out of the 9 – 5 work trap I was in, and determined to find a way to earn a living from forex.
The Forex Megadroid Robot, whilst not being the only automated trading robot on the market, seemed like it could be the answer I was looking for. The big problem was that a part of me knew how dangerous a gamble it could be, and every time I thought about giving it a go I found this cautious part of me screaming its protest:
You cannot trust a robot to gamble with your money!
Any sane human being would have these same reservations, but then I learned something from the Forex Megadroid Robot website that made me reconsider. Something that meant I could actually try the robot out risk free.
My biggest fear was that I would set this robot up on my forex trading account, come back the next day and find it had gambled away my entire trading balance on losing trades, and my dreams of finding success in forex trading would be dead and buried.
What changed my mind was that not only does the Forex Megadroid Robot come with several risk/profitability settings, meaning you could set it to the low risk setting to test it out, but you can also actually test it out without risking a single bean. How?
You can even try it out on a demo account!
Only when you are completely satisfied that the robot really works do you actually have to risk anything by then using it on a live account, and you don’t have to do this until you are sure doing so carries absolutely zero risk.
I myself have been using it on a live account for a several months now, and I have to say that ithasconsistently made winning trades on the lower risk setting.
Of course, I haven’t been able to make the kind of huge amounts their website claims you can, but then again I have only yet tried it out on the lower risk settings. My next step is to slowly try out the more aggressive higher settings, and who knows how much it will make then!