Forex Megadroid



Dude it's a Clickbank product. All Clickbank products in the mmo, forex, gambling niches are shit and have crazy refund rates due to being so shitty.

Go pick up some physical books on trading and, just like with IM, test until you get it.

http://forex-megadroid.com/affiliates.html
 
#1 there's several of these software 'robots' available online...

#2 they all suck...

#3 the actual machines [hint; they are machines, not software] cost some five-six figure usd sums.

^ basically any such 'robot' on any website is straight bullshit! trading AI's are not just .exe's. most use non-standard cpu's, wired directly into internet exchanges and are not typically sold without signed legal compliance.
 
Most forex launches at clickbank are for forex list owners only. Once all of them have sent the email-series provided by the product owner, the product is almost dead. It is not uncommon to have refund rates like 30 to 50% but that's what the forex product owner always knows beforehand. Now this product called forex megadroid has been selling on clickbank and maintained a good gravity for quite long. I am not saying that it works but there's definitely something different to this one than all other regular forex launches.
 
If it was some magical forex software that could just print a mother fucking shit ton of money. Goldman Sachs would of just bought the entire rights to the software and told the general public to get fucked.

Like affiliate marketing and internet marketing, you need to have an edge to succeed. If every fucking retard knows what you're doing, and how you're doing it you no longer have an edge.

Therefore it's not logical to be selling such a system.

Therefore it's scam.

Therefore /thread
 
DONT get scammed.

Whenever money is involved, scam/con artists are a dime a dozen.

Anybody who sells books, ea's, or anything related to 'systems', is simply not a true profesional trader. Who (legit) in their right frame of mind would give away their bread and butter?

They prey on the exact same emotions as real traders do in the markets.

If an aspiring trader truly aims to become pro, he/she must think outside the box, or be slaughtered like the rest of sheeps do, be it through presold systems, cheap advice or plain stupidity.

Theres no free lunch in this game, especially with the high stakes involved.

But, if one is willing to put in the time/effort/sweat/tears i will leave them with this:

Markets are a constant flow of influx and outflux of money.

This is the foundation of market movements.

Price will either:

a) Break previous bars high/low, or both.

b) Not breakout of previous bars high/low.

Anything else, complicates this truth.


And complicated is (unconsciously) what people look for in systems, eas and whatnot.
 
@Scalped

Not looking for an AE or a system, any recommendations on just getting up to speed with the basics of trading Forex?
 
@Scalped

Not looking for an AE or a system, any recommendations on just getting up to speed with the basics of trading Forex?

Learn to interpret momentum and exhaustion.

Forget multiple timeframes and all that crap.

Forget support/resistance.

A chart displays nothing more than human emotions.

Learn to interpret, in great detail, momentum/exhaustion.
 
Simple to get started, takes a long time to master.

Try downloading MT4, going to the book store and buy the following books and fuckn read them.

Japanese Candlestick Charting Techniques by Steve Nison
Fibonacci Analysis by Constance Brown

and most importantly you need to read
The Disciplined Trader: Developing Winning Attitudes[ame="http://www.amazon.com/Disciplined-Trader-Developing-Winning-Attitudes/dp/0132157578/ref=pd_sim_b_10"] [/ame] by Mark Douglas which he talks about getting emotionally attached to any trade, how to cut the cord, say screw it and cut your losses.

You want be successful at forex depending on clickbank systems, robots etc. I traveled the country learning to trade by some of the best and it is not something you can just pick up and run with. Read read read, lose a lot of money, read some more. And stop looking for the miracle ATM machine.

Forex your hours will be as long if not longer than AM. The markets don't stop until Friday,, open back up on Sunday. A lot of sessions, a lot of moves, a ton of news you have to keep up on.

I have been trading since 1999. So i have been where your at, but do not expect a cash cow until you learn to NOT trade with your emotions.
 
I've checked a couple of specialized Forex forums for Megadroid discussions (BabyPips, Forex Nirvana, Forex Peace Army etc). People report making anywhere between 50% to 100% PA with this bot hands-free. Otherwise, I do agree, there's no way it would have stayed popular on ClickBank for so long. Clearly, its sales bring its owners a lot more than trading the Forex market with it would. That's why they're selling it rather than keeping it to themselves.

I did a blast about it to a small portion of my list a couple of months ago - so far the feedback is all positive.
 
Simple to get started, takes a long time to master.

Try downloading MT4, going to the book store and buy the following books and fuckn read them.

Japanese Candlestick Charting Techniques by Steve Nison
Fibonacci Analysis by Constance Brown

and most importantly you need to read
The Disciplined Trader: Developing Winning Attitudes by Mark Douglas which he talks about getting emotionally attached to any trade, how to cut the cord, say screw it and cut your losses.

You want be successful at forex depending on clickbank systems, robots etc. I traveled the country learning to trade by some of the best and it is not something you can just pick up and run with. Read read read, lose a lot of money, read some more. And stop looking for the miracle ATM machine.

Forex your hours will be as long if not longer than AM. The markets don't stop until Friday,, open back up on Sunday. A lot of sessions, a lot of moves, a ton of news you have to keep up on.

I have been trading since 1999. So i have been where your at, but do not expect a cash cow until you learn to NOT trade with your emotions.

This.
For a fast overview of the basics you want also to read Forex Training Online: Learn Foreign Exchange (FX) Currency Trading and "Daytrading the currency Market" by Kathy Lien. And Mark Douglas is a must.