RSS Wizard http://www.cvanci.com/ en 14 Jul 2009 00:43:07 GMT Read what others say about Forex MegaDroid The good and bad about this Forex software and how Mega Droid software has performed Plus lots of stuff on Forex Auto Trading. http://www.cvanci.com/articles/forex-megadroid-reviews.html http://blogs.law.harvard.edu/tech/rss Forex MegaDroid is one of the latest ‘new age’ forex automatic traders. I say new age because prior to this all automatic trading software analyzed past market conditions and used this information to make trades and ideally profit. What MegaDroid tries to do is analyze the current market and adjust its trading patterns accordingly. The idea being that this will enable much more accurate trading results and in turn allow all the traders out there to profit more than they otherwise would. Does Forex MegaDroid Work? There are really 2 ways to answer this. One is through backtesting and the other is through forward testing. Backtesting involves running the software through the ringer for the last year or so and seeing how it performs. After a few basic tweaks I am pleased to announce that the software does perform pretty solidly over the course of the year. Resulting in an almost 100% account increase. The truth is though, its impossible to give an accurate forward testing review of this software at this time because of its very nature. It is designed to alter itself using sophisticated A.I (artificial intelligence) when the market changes. For this reason we can give it a big thumbs up for the moment but a comprehensive analysis will need to wait a while to determine its long term profitability. However I would recommend trying it now while the ‘iron is hot’ so to speak. Forex MegaDroid Pros and Cons Most reviewers outline only the benefits but fail to point out any of the potential risks. While the benefits can be great the risk is the same as almost every other automatic forex trading package. 14 Jul 2009 00:43:07 GMT http://www.cvanci.com/articles/forex-megadroid-reviews.html 4BA9156A-EED1-4A86-911B-05BD8C57A4C4