Discuss Forex-MegaDroid.com

[rjvw1]

Traded

Its good to compare. Thanks Ken. MD made another two trades since my last post and today my profit is on 24% since 1 Dec. That 4% sounds about right for the risk difference. I also I ran MD on 0.15 for one week to check something. I am happy but realistic. Accept losses but trust that MD will come out on top like it does and showed us every time.

 

[tipuwang]

Its good to compare. Thanks Ken. MD made another two trades since my last post and today my profit is on 24% since 1 Dec. That 4% sounds about right for the risk difference. I also I ran MD on 0.15 for one week to check something. I am happy but realistic. Accept losses but trust that MD will come out on top like it does and showed us every time.

Hi, 0.15 risk compare to 0.20 & 0.25, which 1 is better in term of profit?is 0.25?How is the risk?Should be larger or acceptable?

 

[rjvw1]

Hi, 0.15 risk compare to 0.20 & 0.25, which 1 is better in term of profit?is 0.25?How is the risk?Should be larger or acceptable?

0.25 is the higher risk and 0.15 lower. But 0.25 makes more money if you are running into profit. I found the trade outcomes and amount of trades done does not differ much between 0.15 and 0.25 risk but 0.25 makes more money. If you expect to lose don't trade at all. If you expect to win use 0.25. I am and I'm winning.

 

[tipuwang]

0.25 is the higher risk and 0.15 lower. But 0.25 makes more money if you are running into profit. I found the trade outcomes and amount of trades done does not differ much between 0.15 and 0.25 risk but 0.25 makes more money. If you expect to lose don't trade at all. If you expect to win use 0.25. I am and I'm winning.

the risk level just in the matter of lot sizing.0.25=risking 25% of balance.

 

[doubletop]

what has megadroid done for the past 6 months
anyone ran it for the past 6 months and can show a statement
thank you

 

[doubletop]

cut the crap out and less get to the facts as they say in the old dragnet series.
i see 1 star reviews up to the end of nov
but the forex peace army demo looks like it has only had 3 or 4 losers since march.
it has been steadily profitable on the FPA demo.,although it hasnt made that many pips.

now i see all positive reviews

what are the settings that should be used and that have to be kept to make steady profit

this thing is hyped up all over the internet with 100,s of fake review blogs trhat i assume are being made by the owners themselves or affiliates.

either it works or it doesnt work with the same settings for everyone at
the same brokers.

 

[tipuwang]

tp10pips is good

 

[Ken Long]

cut the crap out and less get to the facts as they say in the old dragnet series.
i see 1 star reviews up to the end of nov
but the forex peace army demo looks like it has only had 3 or 4 losers since march.
it has been steadily profitable on the FPA demo.,although it hasnt made that many pips.

now i see all positive reviews

what are the settings that should be used and that have to be kept to make steady profit

this thing is hyped up all over the internet with 100,s of fake review blogs trhat i assume are being made by the owners themselves or affiliates.

either it works or it doesnt work with the same settings for everyone at
the same brokers.

cut the crap out and read the reviews. The 1 star reviews are mostly centered around the end of summer, early fall when the EA took a bad loss. There are both good and bad reviews going back to the begining. Some people like this EA, some dont. Some people dont like any EA's. Some people seem to like making accusations and whining about things more than anything else.

Every EA that has an affiliate arrangement is hyped all over the internet on fake review blogs, especially the ones that are popular and successful. Its nearly impossible to find valid Forex reviews on the internet, thats why sites like this one are so valulable.

It does work with the same settings for everyone. There are very few changes one can make.

And one more thing, pips are not the same as profits. It realy depends on the risk and what you put behind it. 10 pips, 100 pips, 1000 pips, if the risk reward ratio stays the same and you scale your position size accordingly, they will all make the same profits.

 

[rjvw1]

One Stars And Bad Reports

You can email me any time or get on a plane and come see my account. I'm not fake. I have no connection in any way to the developers of MD. People giving MD a bad report was at the wrong place at the wrong time. Any trader or system makes a loss from time to time and murphy's law says that the cry babies or the sceptics will get in just before the losing trade. Or even worse. They too scared to try anything and they just read about that loss and shoots down the system. Because they don't trust the system since they don't know it they would also not give it time to recover. Some even leave right away after a loss. That's because they never tried and tested the system and never got to know the "personality" of the system. Yes, it has a personality. For everything that happens it would trade in a certain way. If noting happens it would go its merry way trading here and there. If it makes a loss it will try and make back the loss and even more. It then works a bit harder. Anyone saying bad stuff about MD or any system for that matter before they know it is a sign of someone that either know nothing or should not be in Forex in the first place. Page over this whole forum and you will find the reviews of more people that had real success with MD. I also had some losses but I had more wins and I am in a very nice profit. Even after some real bad losses. I know it could make more losses but I know exactly how it reacts to them. I have seen it over and over. So I don't care about them. To drive from point A to B you will have up hills and down hills but you know you direction. So why worry? When I first found MD I thought its the best EA on FPA. I still think so. Some systems has better results up to now but if feel not one is as solid and sound as MD. The results so far didnt reflect that however but I don't care. The settings they use are too conservative in my opinion. But its just a test and I'm actually happy because it could make some people over confident and with Forex and EAs. You need to have respect for this. But show me another system that is trading for such a long time and made such a nice recovery. There are not many. Most never recover. They hit one bump and then its downhill. If you still scared then just watch it as it goes up and up. Maybe some downs too but the end result is all that matters to me. roccofx@yahoo.com

 

[manoranjan das]

I just purchase the MD few days ago. Opened Demo accounts with FXCM and ForexMeta per MD's manual. I understand the computer needs to be 24/5, Sunda 5pm to friday 5 pm EST. Last night I left the computer on all night. This morning when I checked the computer, it was still on, but I had to log in to my computer and click on the broker desktop icons to activate and log on. I am not sure if there is a way to have the computer connected to internet. May be the internet provider disconnected it.

However, is any one familiar with Iam fx (https://www.iamfx.com/index.php)? It appears they have low spread and free VPS for live accounts. Their website states:
"Real RAW spread offer on MT4 - you get real low interbank spreads. We don't charge any compensation by increasing the spread (Bid/Ask difference) like other brokers, we get compensation only on side commission".
I asked What is side commission and how much is it? Their response:
"Anne: Commissions with IamFX are 1.0 pip per standard round turn lot trade. For example on a 1 lot size trade on EUR/USD pair, the commission would be $10 USD or $1.0 USD on a mini lot of 0.1 lot size trade or $.10 cents of 0.01 lot size. The 1 pip commission per standard round turn lot traded we charge is a side commission which does not increase or affect the spread you are getting (which you can see on our home page). It is the spread plus 1 pip side commission. We provide raw interbank spreads."
Their bid/ask spread is 0.5 pip at his time.

Appreciate any comments.