i’m a complete newbie to the fx market, hoping to learn the ropes from you guys. i intend to buy forexmegaroid to use in trading an account on alpari.com, what are the settings that work most for megaroid? please guys i’d appeciate details cos i learnt it has to be set right to work properly. i learnt its the best ea for a newbie like me thats why i’m looking to get it. Anyone have any idea of what profit margin i might expect to get from it on a weekly basis? is it profitable to open my trading account with 500 bucks? looking fwd to your opinions. thanks all.
The best thing you can do is buy MegaDroid itself. It is a good EA. I use it myself and it has made me money, and is making me money while I sleep (as its on a VPS)
Back test it. 500 dollars as a minimum amount will really get you no where if you are looking to make millions overnight (yeah, right!)
I have backtested MD with a 10k USD start off, in a few years you can see how it performs and should have a back tested account well over a million dollars.
Buy it, seriously. I haven’t turned away from it.
After you buy it, play with it. Backtest your 500 dollars in a 6 month term. Play with lot sizes, risk and other options. Timezones, aggressiveness, and the lose turn around option all come into play.
Cheers.
Dan.