I have been using both Forex Megadroid and Fap Turbo automated trading systems. Here are their differences and advantages:
1) STRATEGIES and CURENCY PAIRS:
Forex Megadroid has internal strategies built-in: Conservative and Aggressive (short-term).
- It only trades EUR/USD in 1 Hour time frame.
Fap Turbo has two strategies shown on the setting parameters:
- Scalper (short-term): EURGBP, EURCHF, USDCAD, GBPCHF (15 Min)
- Long Term Trading: EURUSD (1 Hour).
2) Trading Hour and Take Profit and Stop Loss Setting
Forex Megadroid don't have the option to allow users to change their trading system hours nor take profit and stop loss setting.
Fap Turbo is more flexible and allow users to change trading system hours and take profit and stop loss setting for each currency pair.
3) ACTIVATION:
Forex Megadroid uses Clickbank ID for activation. You only need to do this once. It offers no expiration. This is better than Fab Turbo.
Fap Turbo Robot uses your account ID and expert advisor ID for activation. Fap Turbo robot needs updating every month due to expiration.
4) RECOVERY MODE:
Only Forex Megadroid has this. In the event of losing trade, the recovery mode will doubled the lot size for all trades until the loss has been recovered. However, I don't recommend to use the recovery mode. You can disable it by change it to False.
5) TRADE FRIDAY MODE:
Forex Megadroid has built-in mechanism to disallow trades on Sunday and Friday.
Fap Turbo allows the Friday trading mode to be turned on and off manually by users.
6) AUTOMATIC FOREX TRADING: Both system use MT4 platform to execute trades automatically as long as all the parameters are met.
MONEY MANAGEMENT: Both system have money management feature programmed in the software. Therefore, you can set the percentage of margin to use on each trade.
TRADING ACTIVITY: Forex Megadroid makes less trades than Fap Turbo.
7) Forex Megadroid & Fap Turbo both claim their robot system can double your account in a month or year. But please keep in mind to control your risk taking on each trade (no more than 5% or 10% of your available margin). Making consistent profit with low risk is the key to success in the long run.
8) I only trade two pairs of currency, one from each system. The profit it generated and win% are quite high and consistent. I tried all other pairs, but it seems like this is the best combination.
Fab turbo - EURCHF, M15
Megadroid - EURUSD, H1
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Tuesday, July 14, 2009
How to Choose The Right Forex Autopilot Robot Trading System and Broker
Do you know that there are Forex Trading Robot system that can do trading for you automatically and generate substantial profit? Let's find out.
1) I think we are all getting tired and frustrated with manual trading on Forex currency. Most people don't know that there are automated robot trading system that can help you make more profits with ease.
Forex robot trading is an extremely easy way to generate a large source of income from home on autopilot. A forex robot is an automated software that trades currencies 24/5 to generate profits.
2) You need to purchase either FAP turbo trading robot, or Forex Megadroid, or both. They are just one-time payment with 60 days money back guarantee. These trading robots really work and have proven record of success by other users.
Please keep in mind that by using the automated robot don't make you rich immediately. The purpose is to help you make consistent profit with very low risk.
- FAP turbo produce more trades with more paris of currency
- Megadroid only trades one pair of currency - less trades but very profitable with nearly 96% win (tested by other users)
3) Next, you need to find a good and lowest spread Forex broker with MetaTrader 4 trading platform. You can download a Demo account first to try.
Most trader use these brokers:
· Alpari - http://www.alpari-us.com/
· Forex.com - http://www.forex.com/
· FXCM - http://www.fxcm.com/
· FXPRO - http://www.fxpro.com/
· FXcbs - http://www.fxcbs.com/
4) Then you can install and set up the trading robot on your demo account (MetaTrader 4 trading platform) to test it. Once it's activated, all you need to do is keep your metatrader platform running. If you are satisfy with the result, then you can open a live account to let forex robot make money for you.
Resources
Fap Turbo
Forex Megadroid
1) I think we are all getting tired and frustrated with manual trading on Forex currency. Most people don't know that there are automated robot trading system that can help you make more profits with ease.
Forex robot trading is an extremely easy way to generate a large source of income from home on autopilot. A forex robot is an automated software that trades currencies 24/5 to generate profits.
2) You need to purchase either FAP turbo trading robot, or Forex Megadroid, or both. They are just one-time payment with 60 days money back guarantee. These trading robots really work and have proven record of success by other users.
Please keep in mind that by using the automated robot don't make you rich immediately. The purpose is to help you make consistent profit with very low risk.
- FAP turbo produce more trades with more paris of currency
- Megadroid only trades one pair of currency - less trades but very profitable with nearly 96% win (tested by other users)
3) Next, you need to find a good and lowest spread Forex broker with MetaTrader 4 trading platform. You can download a Demo account first to try.
Most trader use these brokers:
· Alpari - http://www.alpari-us.com/
· Forex.com - http://www.forex.com/
· FXCM - http://www.fxcm.com/
· FXPRO - http://www.fxpro.com/
· FXcbs - http://www.fxcbs.com/
4) Then you can install and set up the trading robot on your demo account (MetaTrader 4 trading platform) to test it. Once it's activated, all you need to do is keep your metatrader platform running. If you are satisfy with the result, then you can open a live account to let forex robot make money for you.
Resources
Fap Turbo
Forex Megadroid
Monday, July 13, 2009
Monday, July 06, 2009
Thursday, July 02, 2009
Down trend ahead
DJIA break its support line the second time within two week. NASDAQ might follow later. The chances are very high that the overall market will continue going down.
Wednesday, July 01, 2009
Investment Questions!?
Yahoo Question:
Investment Questions!?
Hi everyone! So I'm going to be turning 18 soon and I have about 1000 dollars saved from an old job. My question to anyone that is very knowledgeable about investments is, what would be the best option for me to invest that money in so it would grow the fastest. Any serious answers would be awesome!
Good answers from other:
I started investing in stocks when I was in University as part of an investment club. We had the luxury of having a member of our group whose parents owned a small investment firm and I learnt a lot from this experience. However, we got greedy and the huge gains we made quickly got erased by the tech boom in 2000 (much like the commodities/housing boom today)
I came through this crash a much more cautious investor and it paid off. I didn't make a ton of money - in fact I barely broke even, but considering top hedge funds got decimated by 40-50%, I feel I did okay.
My point is, there are plenty of ways to grow money quickly, but you have to be prepared to lose it just as quickly. Really ask yourself - how much am I prepared to risk to achieve large gains. It's easy to envision yourself making huge dollars on one venture (penny) stock but when you see real money going away if a position moves against you it can be devastating, especially for a young investor.
In my experience, the worst thing that can happpen to a new investor is to buy one stock - make a good gain - and sell off. Although this feel great when it happens, odds are it will not happen regularly - This is why people pay money to have others manage their money. Consistent gains are key.
Don't go in looking for the big score, you will ultimately get burned. That being said, the traditional buy and hold strategy is also dead in my opinion (at least for the time being) so you need to have time, knowledge, and dedication. There is money to be made in the markets, but it doesn't come easy and it doesn't come without risk.
Please be advised that we are in a very dangerous time in the equity markets right now. This is not a normal environment and there is still potential for a fairly substantial correction to the down side (assuming earnings don't show up which is a distinct possibility)
This is a lot to digest, but I don't want to see you jumping on the bandwagon of some scam claiming you can make money without work. If this were case, we wouldn't need professionals and we all wouldn't need jobs - we'd just download a trading program and make millions.
My answer:
$1000 is not enough for any serious investment. Save more or invest the money to your education. Otherwise, you can use the money to buy bond. My econ. professor taught us that we can use a little portion of our money ($100) each month and invest into bond. Ultimately, you will become a millionaire when you retire.
Investment Questions!?
Hi everyone! So I'm going to be turning 18 soon and I have about 1000 dollars saved from an old job. My question to anyone that is very knowledgeable about investments is, what would be the best option for me to invest that money in so it would grow the fastest. Any serious answers would be awesome!
Good answers from other:
I started investing in stocks when I was in University as part of an investment club. We had the luxury of having a member of our group whose parents owned a small investment firm and I learnt a lot from this experience. However, we got greedy and the huge gains we made quickly got erased by the tech boom in 2000 (much like the commodities/housing boom today)
I came through this crash a much more cautious investor and it paid off. I didn't make a ton of money - in fact I barely broke even, but considering top hedge funds got decimated by 40-50%, I feel I did okay.
My point is, there are plenty of ways to grow money quickly, but you have to be prepared to lose it just as quickly. Really ask yourself - how much am I prepared to risk to achieve large gains. It's easy to envision yourself making huge dollars on one venture (penny) stock but when you see real money going away if a position moves against you it can be devastating, especially for a young investor.
In my experience, the worst thing that can happpen to a new investor is to buy one stock - make a good gain - and sell off. Although this feel great when it happens, odds are it will not happen regularly - This is why people pay money to have others manage their money. Consistent gains are key.
Don't go in looking for the big score, you will ultimately get burned. That being said, the traditional buy and hold strategy is also dead in my opinion (at least for the time being) so you need to have time, knowledge, and dedication. There is money to be made in the markets, but it doesn't come easy and it doesn't come without risk.
Please be advised that we are in a very dangerous time in the equity markets right now. This is not a normal environment and there is still potential for a fairly substantial correction to the down side (assuming earnings don't show up which is a distinct possibility)
This is a lot to digest, but I don't want to see you jumping on the bandwagon of some scam claiming you can make money without work. If this were case, we wouldn't need professionals and we all wouldn't need jobs - we'd just download a trading program and make millions.
My answer:
$1000 is not enough for any serious investment. Save more or invest the money to your education. Otherwise, you can use the money to buy bond. My econ. professor taught us that we can use a little portion of our money ($100) each month and invest into bond. Ultimately, you will become a millionaire when you retire.
How do people lose money in stocks?
Yahoo Question
How do people lose money in stocks?
It doesnt make sense. If you buy stocks for a certain price and the price goes down, why would you sell it. Cant you just hold on to the stock you bought till the price get to higher than what you purchased it. I really dont know much about stocks please help me.
Answer:
It's greedy and panic that make people lose money in stocks. It's the timing that you entered into the stock market. Some people don't know anything about fundamental and technical analysis then join in. Stock price might go lower and lower, and never reach back to its high. There are so many examples; such as the banking stocks: BSC.
How do people lose money in stocks?
It doesnt make sense. If you buy stocks for a certain price and the price goes down, why would you sell it. Cant you just hold on to the stock you bought till the price get to higher than what you purchased it. I really dont know much about stocks please help me.
Answer:
It's greedy and panic that make people lose money in stocks. It's the timing that you entered into the stock market. Some people don't know anything about fundamental and technical analysis then join in. Stock price might go lower and lower, and never reach back to its high. There are so many examples; such as the banking stocks: BSC.
STOCK MARKET??? CRASHING OR NOT?
Yahoo question
STOCK MARKET??? CRASHING OR NOT?
Do you think that stock market will crash to low 6500 dow, again?
Answer:
No, I don't think the stock market will crash to low 6500 dow again. Probably back to 7700 - 8000. The housing market is bouncing back up, house price are getting stable and move up as people jump in to buy cheaper houses. For some houses, I saw 10 to 25 offers that buyers sent in. If employment is getting stable as well, then the market should move back up again.
STOCK MARKET??? CRASHING OR NOT?
Do you think that stock market will crash to low 6500 dow, again?
Answer:
No, I don't think the stock market will crash to low 6500 dow again. Probably back to 7700 - 8000. The housing market is bouncing back up, house price are getting stable and move up as people jump in to buy cheaper houses. For some houses, I saw 10 to 25 offers that buyers sent in. If employment is getting stable as well, then the market should move back up again.
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