Is Forex Megadroid Worth The Money?

By Jay Vixon

Theres a trading robot that gets released every month so if youre looking for one, you wouldnt have any problem finding one. But the catch is that these trading robots usually operate very similarly so if you are looking for one that is one of a kind, thats when youll encounter a problem. Of all the many trading robots released, Forex Megadroid is the newest of the batch having been released just last March 31, 2009.

What really is Forex Megadroid and what sets it apart from the hundreds of trading robots out there?

Forex Megadroid is different from the other automated stock picking robots out there in that it collects present information about the stock market and from there adjusts its trading patterns in order to come up with more accurate results so that you increase your profits exponentially.

This is different from the old trading robots because they came up with their picks by collecting past trading information and making their picks based on what they gathered. Because it isnt at all up to date it can result in a lot of mistakes in the part of the trading robot.

Forex Megadroid was created by two trading experts, John Grace and Albert Pierre, who both have a background of over 30 years of trading experience.

Their design of Forex Megadroid is commendable since it is the only trading robot available in the market right now that uses RCTPA (Reverse Correlated Time and Price Analysis) technology. Because of this technological advantage, Forex Megadroid is thought to outwit the other trading robots with its 95% rate of accuracy.

But just because it boasts of the newest technology available to trading robots, it doesnt mean that it is only for those with advanced computer skills. In fact, Forex Megadroid is one of the few trading robots that have a user friendly interface. You only need to follow the simple instructions to start running the program.

Another feature is that is has a virtual money account for users who want to test the program without wanting to lose money. It provides up to $100 of virtual cash so that users can effectively try out the software and see if it does deliver.

Because of this feature as well as the others, Forex Megadroid is perfect for beginners and experts alike. And for $97 with a 60 day refund, it is a bargain. - 23221

About the Author:

Take a look at my forex mega droid review this second for a truthful forex mega droid review right this second.

Learning to Avoid Emotions in Forex Trading

By Ahmad Hassam

One of the overlooked yet the most crucial element of successful trading are maintaining a healthy psychological outlook while trading. At the end of the day, currency traders who are unable to cope with the stress of the forex market fluctuations and unpredictable nature will not withstand the test of time. No matter how skilled you may be as a trader at the scientific elements of trading, you need to be emotionally strong.

Good traders need to be emotionally detached in making trading decisions. Your trading decisions must be independent of fear and greed. One of the attributes of good traders is that they accept losing. They make decisions based on an intellectual level. Traders who get emotionally involved in trading make substantial errors. After a few losing trades, they try to whimsically change their strategies or after a few winning trades become carefree.

Good traders are emotionally balanced. In the midst of a losing streak, they try to take a break before fear or greed starts to dominate their strategy. You cannot win every trade; you must be psychologically strong enough to cope with losses. Even very successful traders go through stretches of losing trades but they are emotionally strong enough to cope with it.

If you are going through a bad stretch in your trading, you should think of taking a break. Take a few days off from watching the markets. Try to clear your mind. If you keep on trading relentlessly during tough market conditions, it can breed greater losses and ruin your psychological confidence.

Make no mistake about it, no matter how much you study, practice and trade; there will be stretches of losing trades. You cannot always win. The key is to make losing trades small enough in order to live to trade another day. By using good money management rules, you can overcome a lot of bad luck in your trading. Never ever put more than 2% of your equity at risk in a single trade.

You need to control your emotions in order to become a master trader. One constant is the human emotional behavior despite many new methods that have been introduced to traders. After all, markets are just people selling and buying. Markets are only a reflection of investors emotions.

Buy on a rumor and sell on a fact. People afraid of losing their money start to sell on rumors. Fear of losing money makes the market prices go down. People become greedy and buy trying to catch a free ride. Fear of losing a good opportunity makes the market prices to rise up and up, creating a bubble.

You need to learn technical analysis as a forex trader. Technical analysis will make you understand how to capture profits from movements in the price. You should understand how price action takes place. Develop a trading system that is ruled based. Dont make decisions based on emotions.

The best method to overcome emotions in trading is to depend on a forex trading system that is mechanical in nature. There are clear cut rules for entering and exiting a position. Use those rules consistently. There maybe a few losses but with a good forex trading system, you can be sure the number of winner will be greater. - 23221

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading and swing trading stocks and currencies. Learn Forex Nitty Gritty. Discover A Revolutionary New Forex Robot. Develop your own Forex Trading System.

Beginners Stock Market Investing

By Carrie Sommer

The stock market is simply, just that --a marketplace for buying and selling shares of stock in companies. Similar to the grocery store, price and value is most important. However, unlike the grocery store, the buyer can immediately turn around and become the seller of the very same shares of stock he or she just bought. Here are some basic concepts of how the stock market works.

Buying Stock

If you buy a stock, it is like making a bet. You are saying the stock you buy today will be worth more later, then you will sell it. Buying stock on this concept is called taking a long position, and is the simplest way to invest in the stock market. However, you can also sell stock you dont even own yet--this is called a short position, and is considered more risky

Stock Prices

There are some terms you should be familiar with before buying or selling stock, that relate to the pricing structure.

Opening Price. The price for the stock when the market opens. Closing Price. The price of the stock at the point at which the market closes. Bid. This is what your broker pays for the share of stock, and excludes his commission. Ask. Your price. This includes the brokers commission. Spread. The difference between the bid price and ask price, which amounts to determining the brokers commission.

What Should I Buy?

This question is the most difficult of any you can ask. There are books written about this question, and none have answered it completely. However, there are some things you can study to help you make the best decisions when purchasing stock.

Technical Analysis.

When studying technical analysis, you are learning about the trends of a particular stock, its trading history, and various charts to learn about what the trading future might look like.

Fundamental Analysis.

This type of analysis looks at the company itself. By delving into the financial operations and decisions of the company--such as earnings, growth, sales, assets, debt, etc.--a follower of fundamental analysis believes he or she can predict the companys future which will affect the stock price.

While fundamental and technical analysts often disagree, a new student of the stock market would do well to understand both and perhaps consider both when making trades.

This indicates the importance of understanding the market before you buy or sell. Therefore, your first investment should not be in a stock, it should be in your education. Read all you can, then make your decisions. - 23221

About the Author:

Carrie Sommer is a guest contributor to WallStreetSWAT.com, your "special weapons and tactics" in a down financial market. At http://www.wallstreetswat.com you can find more about the stock market for beginners.

Choosing a Forex Trading System

By Bart Icles

One of the biggest trading markets in the world is the foreign currency exchange market. It is also one of the most attractive trading markets as it is open to online trading or trading through the internet. Forex trading can be very profitable and it is important that you do substantial research to have a better understanding of the forex market before you decide to participate in trading.

When participating in forex trading, one of the things that can help you a lot is having a reliable foreign currency exchange trading system. Forex investors, whether large or small, find forex trading systems valuable. There are lots of information that you need to manage when you participate in forex trading. Forex trading systems help you find your way through the minutiae of data involved in the simplest of forex transactions.

Forex trading systems make it easy for investors to monitor outside market factors and indicators of the daily nature of the market, especially with the use of charts, graphs, and report tables. There are many different forex trading systems online, from the simplest to the most comprehensive, from the smallest to the largest.

In choosing a forex trading system to use, try to review testimonials posted by people who have actually used the system. Take note of those who do not like a certain system and list down their reasons for not being satisfied with that forex trading system. However, most testimonials and reviews that you will come across online will often speak of good points and satisfaction with the forex trading system being marketed. Take extra caution in totally believing reviews and testimonials. Always do proper research so you can better understand a system that is new to you.

It is also important that a forex trading system is profitable. There is no point in engaging in forex trading if you are not gaining profits. If you just want to break even, better stop forex trading as all the hassles that you have been through will only prove to be a waste of time. Forex trading systems must help you gain profits, and at the same time not too expensive that you are no longer able to see any return on your investment.

How does one tell if a forex trading system is profitable? Factors like drawdowns and time to profit are typical indicators of the profitability of a forex trading system. A drawdown is the maximum difference in the equity of a forex trading system over a certain period of time. Time to profit is the actual time it takes a forex trading system to achieve a positive result. These two factors help measure the survivability of a certain forex trading system.

Keep in mind that finding the forex trading system that best suits you is a blessing in forex trading. Do substantial research and apply the tips you have gathered along the way. The most popularly used forex trading system might just not be the one that best suits your needs. - 23221

About the Author:

Your forex training starts with a desire to learn and a drive to become a great trader. Using forex trading training takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.

Why The Foreign Exchange Market Is Different From The Stock Market Article

By Todd Schuyler

Do you want to know the difference between the Foreign Exchange Market and the Stock Market? Find out here on my Forex trading software reviews blog article report.

Basically the foreign exchange market is also known as the FX market, and the forex market. Trading that takes place between two counties with different currencies is the basis for the fx market and the background of the trading in this market. The forex market is over thirty years old, established in the early 1970's. The forex market is one that is not based on any one business or investing in any one business, but the trading and selling of currencies.

The main difference between the stock market and the forex market is the vast trading that occurs on the forex market. There is millions and millions that are traded daily on the forex market, almost two trillion dollars is traded daily. The amount is much higher than the money traded on the daily stock market of any country. The forex numbers are astronomical!

What is traded, bought and sold on the forex market is something that can easily be liquidated, meaning it can be turned back to cash fast, or often times it is actually going to be cash. From one currency to another, the availability of cash in the forex market is something that can happen fast for any investor from any country.

The difference between the stock market and the forex market is that the forex market is global, worldwide. The stock market is something that takes place only within a country. The stock market is based on businesses and products that are within a country, and the forex market takes that a step further to include any country.

The stock market has set business hours. Generally, this is going to follow the business day, and will be closed on banking holidays and weekends. The forex market is one that is open generally twenty four hours a day because the vast number of countries that are involved in forex trading, buying and selling are located in so many different times zones. As one market is opening, another countries market is closing. This is a advantage for forex traders with the flexibility to trade twenty fours hours a day.

The stock market in any country is going to be based on only that countries currency, say for example the Japanese yen, and the Japanese stock market, or the United States stock market and the dollar. However, in the forex market, you are involved with many types of countries, and many types of currencies. You will find references to a variety of currencies, and this is another difference between the stock market and forex trading. I recommend further training to achieve good results in both markets. - 23221

About the Author:

The Forex Review Guy is the designer of Forex Trading Software He recommends Forex Grid Bot. This program is helping men and women who NEVER had experience trading, or dont know anything about Forex, earnmoney everyday!