Special Report : Beta-Tester Reveals His Experience With Forex MegaDroid
Forex Megadroid - A Personal Story by a beta-tester.
Hello,
First of all sorry about Mr.X thing. The reason why I decided not to reveal my real name is that not everybody is going to like what I have to say.
I’m an ordinary guy who like a majority of other people in the world, works hard to get ahead and make a buck. For a while now I’ve always had an interest in the Markets, namely the Forex Market.
But that’s not what this informative personal story is about. At least not directly.
This personal story actually starts as I was going through my usual pile of email and of course, mostly spam. Something caught my eye in the mass of messages, a newsletter I was subsribed to.
I scanned over the subject line. It was from a Forex expert named John Grace. Normally I scan these types of newsletter and move on, but that day something made me read a little deeper into the newsletter. The expert began to explain about a new type of Forex software called Forex Megadroid that was supposed to be released soon.
John Grace was looking for beta-testers
I read the whole email:
‘Forex Megadroid is an automatic moneymaking Forex solution. It is artificial inteligence put into action to help its users make more money. It uses brand new Forex trading technology (RCPTA)… etc…’
I was made redundant two weeks earlier so I had nothing to lose.
I decided to give a go and I replied to John right away.
To my suprise I got an email from John 2 hours later and voila, I was accepted. WOW!!!
I got my login instructions to members area.
So I logged in…
As I scanned through the FAQ pages I began to become more and more excited. Images of making money in my first day literally danced before my eyes.
I was eager to get the software in, eager to let this high-tech software simply start bringing me money. One of the key features of the software was you didn’t have to babysit it 24/7. In fact, once you easily set up the parameters and then placed your investment, all you had to do was ensure that it had a constant Internet connection.
Wow…how easy, right?
When it arrived I was impatient to install it and then sit back and wait for the cash to roll in.
I read the manual…
Installing the software was easy, my excitement grew.
I couldn’t wait to test it on my demo account.
According to the Forex Megadroid manual, to quote them directly:
‘Everything has been taken care of for you with the intention of getting you up and running in just minutes. We’ve included a pre-configured copy of MetaTrader in the download area with Forex MegaDroid already installed, allowing you to start trading the robot on a demo account with the minimum of fuss.‘
It took the robot over two hours to pick the first trade, my excitement grew…
It was getting pretty late so I decided to leave my laptop on for the night and I went to bed.
When I woke up in the moring, the first thing I did was log in to my demo account.
Then I thought I did something wrong so I decided to try it on a different account.
I made $34 while I was sleeping!!!
I have ran several more tests on demo accounts. The winning ratio was 80%. I ‘made’ $373 within two weeks. Nothing spectacular but still the software seemed to be working.
It was not as spectacular as John Grace was promising but much better than other robots I tried before.
What if a pre-designed MetaTrader copy was not the best way to go.
What if I tried to change settings.
They fortunately, as part of the program, provide and allow model testing. In other words, you can design your Robot model then see how it works, before committing capital and going live and potentially losing it.
It was during this time, just around 3rd week, that I spent countless hours tweaking and adjusting those settings before I finally felt comfortable with my model. I have achieved much better resuts than with pre-designed copy.
My ROI (return on investment) was nearly 100% within 3 weeks. My demo account had grown from $5,000 to $9,187.
Since that point, I have managed to make the robot work better and I can actually say that I profit at least $100-200 per day from it. The robot does the work… I rake in the money; But it’s not that easy like they said.
Forex Megadroid does what it promises, well sort of, it does make it easy to use the Forex Market and bring in extra cash. But from the box to the bank is a whole other animal.
First off, if you’re impatient…forget it.
This software requires quite a bit of hands on adjusting. It fails in its claim of making money in minutes, I suppose though, if you were the one who designed the software you probably could.
No way, as I mentioned with many adjustments that need to be made, it is going to take you a considerable amount of time, just like it did me.
Well, as I know you’ve gotten from the gist of my story, Forex Megadroid is not for novices, beginners, and the clueless.
Not unless you have incredible patients and don’t mind rereading things over and over until they finally sink in.
The settings can be overwhelming, tweaking, adjusting, tweaking again over and over until you finally get them right.
The saving grace here as I mentioned earlier, the software allows you to work in real time, but work off-line so-to-speak in order to iron out your setting and to optimize the robot exactly the way you want it. This was a big plus for me.
Do the benefits outweigh the aggravation and frustration?
In retrospect, knowing what I know now and making what I’m making each day. Yes.
The key thing to remember here when making that decision to purchase Forex Megadroid is yes, you can make good money but No it’s not as easy to use as the company professes.
My Winning Forex Megadroid settings:
(I cannot be held responsible for any money loss you may encounter. Please read disclaimer on the bottom of this page for more details.)
I still remeber how hard it was for me to set everything up, that’s why I decided to share my winning settings with you.
Enjoy!!!
The rules for standard account lot size are as follow:
- For small deposit of $2,000, set the Lot = 0.10
- For typical deposit of $5,000, set the Lot = 0.50 or less
- For larger deposit of $10,000, start with Lot = 1.00 or less
GMT OFFSET is a very important parameter for scalper strategy. It defines the offset in hours between GMT and your broker time (market watch in MT4).
Forex Megadroid should fix the dates by itself but make sure it is correct.
There will be three times displayed one with an offset.
From left to right, they represent:
Local: This is the time reported by your computer.
GMT: The strategy relies on GMTbased
(Greenwich Mean Time) price information
Server: This is the chart time and varies between brokerages so, the
offset (GMT+?) displayed will vary dependent upon which
broker supplied your copy of MetaTrader
If you fail to set the GMT offset carefully you can get unexpected losses. Please be careful!
Example:
GMT: 11:00 | FXCM MT4: 06:00 | GMT Offset: -5
GMT: 11:00 | FXDD MT4: 13:00 | GMT Offset: +2
GMT: 11:27 | Alpari UK MT4: 12:27 | GMT Offset: +1
GMT: 11:28 | InterbankFX MT4: 11:28 | GMT Offset: 0
Ask your broker about their GMT Offset if you are not sure!
Sample settings for under $2,000 accounts EURUSD pairs(my recommendation):
Lots=0.10
RecoveryMode = true
UseFixedratio = false
Stepratio = 0.3
ReduceLots= false
RiskLevel = 0.04
These are the only settings that can be adjusted but believe me they will make a huge difference.
You should be able to trade successfully using the settings above. Change the lot size if you are going to use greater deposits.
I have been using these setting succesfully and I also have been
backtesting them for up to 3 years and they are the best ones I came up with.
The Last Thing!!!
Forex Megadroid launched arch 31st 2009 - 9AM EST.
I have shared both my personal story and my winning settings with you.
If you don’t mind me making a small commission on your purchase, it would be great if you could
order Forex Megadroid from the link below.
In exchange I am willing to answer any questions regarding the robot.
Simply email me at contact@forexmegadroidscam.com
If you didnt find my report useful or you are not going to purchase Megadroid, no hard feelings.
All the best to all of you guys whatever you decide.
Happy trading,
Mr. X
Disclaimer
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
All information on this website or any e-book or expert advisor purchased from this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold me and any authorized distributors of this information harmless in any and all ways.