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Old 08-02-2009, 03:41 PM
 

Join Date: Aug 2009
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Exclamation Need some Help with this please

Hi everyone . I bought a week ago an EA (megadroid) and test it 2-3 days on a demo account , everything worked fine i got 1 trade with +600$ profit .
The day after , I decided to put some real cash in it and open a live account, then suddenly I received an email from Megadroid saying some **** about new NFA rules and such . It also gave me 2 recomandation of brokers , both having a minimum 500 $ opening deposit !(

I`ll like to ask you if you can help me find a good broker with 100-200 minimum deposit witch I can use megadroid on it with no problems .
Please help me and sorry for my poor english !!

THANKS
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Old 08-02-2009, 05:55 PM
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Originally Posted by Mendy View Post
Hi everyone . I bought a week ago an EA (megadroid) and test it 2-3 days on a demo account , everything worked fine i got 1 trade with +600$ profit .
The day after , I decided to put some real cash in it and open a live account, then suddenly I received an email from Megadroid saying some **** about new NFA rules and such . It also gave me 2 recomandation of brokers , both having a minimum 500 $ opening deposit !(

I`ll like to ask you if you can help me find a good broker with 100-200 minimum deposit witch I can use megadroid on it with no problems .
Please help me and sorry for my poor english !!

THANKS

Sorry to be the party pooper, but I have an even better idea: ask for a refund from the megadroid people and learn to trade for real instead of waiting for some worthless (yeah, they're are worthless unfortunately) EA to blow your account.
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Old 08-02-2009, 06:24 PM
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I'm going to have to go with o990l6mh, learn the basics and do some trading for yourself. As for a brooker with a $100 - $200 deposit that will let you use an ea I'm not sure, check out oanda maybe, or ask in the rate my brooker forum.
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Old 08-02-2009, 06:31 PM
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Originally Posted by ReaperKK View Post
I'm going to have to go with o990l6mh, learn the basics and do some trading for yourself. As for a brooker with a $100 - $200 deposit that will let you use an ea I'm not sure, check out oanda maybe, or ask in the rate my brooker forum.
No, definitely not Oanda, they don't use Metatrader at all. Many things matter, such as 4 or 5 decimals etc. If you're going to use it, make sure you choose a compatible broker, but like I said - my advice is to spare yourself the disappointment.
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Old 09-04-2009, 12:35 AM
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Default Eish

You guys are harsh... i could not give a sh1t about these robots and fell into a trap yesterday to get one. Reason is i know a guy that got it the day it was for sale. Just to have it running in the back he never made the killing amount like they advertise. But he made enough to buy a new F-150 out the box.

Just dont rely just on the robot to help you out....but in time it will start making you some thing. Jut wait and it will happen.... then dont for get about me.

But like every one said ( Learn a little )

Later Gents
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Old 09-04-2009, 08:25 AM
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You guys are harsh... i could not give a sh1t about these robots and fell into a trap yesterday to get one. Reason is i know a guy that got it the day it was for sale. Just to have it running in the back he never made the killing amount like they advertise. But he made enough to buy a new F-150 out the box.

Just dont rely just on the robot to help you out....but in time it will start making you some thing. Jut wait and it will happen.... then dont for get about me.

But like every one said ( Learn a little )

Later Gents
Strange how it's always "some guy you know" huh?

I'll just be really clear so that even you get it: EAs are useless. Period. Paragraph.

But repeating that seems to not matter, there's always people dum enough to buy them and blow their accounts and dreams to kingdom come.

I'd rather buy a lottery ticket than an EA.
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Old 09-04-2009, 10:45 AM
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Originally Posted by o990l6mh View Post
Strange how it's always "some guy you know" huh?

I'll just be really clear so that even you get it: EAs are useless. Period. Paragraph.

But repeating that seems to not matter, there's always people dum enough to buy them and blow their accounts and dreams to kingdom come.

I'd rather buy a lottery ticket than an EA.
If it works then i will let you all know, but if it do not then ill walk with you to the shop to get a lotto.

PS: you are right, this guy ( made a killing on the EA ) i dont know very well. But he lives in Hope Ranch in California and his house is big. Ill ask him to get a results page for me ( wishful thinking ).

Later
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Old 09-06-2009, 08:25 AM
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i'd have to agree with everyone here in saying that EA's are useless!

these advertising companies are very smart as they will programme an EA to take small gains but trade with no stop loss so they can advertise outragous win rates but what they do not advertise is the huge drawdown and damage to your account when they do finally hit a margin call

works kinda the same way martingale betting systems work in roulette, you will make a profit to begin with but in time it will wipe your account as your R : R is ridiculous and unsustainable

lee
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