Forex megadroid trading
Forex Megadroid is full of hype, but forex megadroid trading trading results to verify claims. The developer makes very wild statements and declarations which they cannot defend with evidence, I am sure. Can this developer back their claims with pure facts? Well, it’s the reason why I published this review in the first place.
Note: If you are here because you are looking for a Forex trading product that will help you make money, check out this page. Then give me your feedback please. Now, this information is actually not there on the sales page. The sales page is quite gimmicky. Using hype to promote trading robots is now a popular thing.
I have reviews quite a few robots where a lot of hype was used to mislead traders. I have actually warned my readers not to trust anonymous developers who push their software out there while making outrageous claims of how their products can can give users financial freedom. Therefore, on that account alone, I am knocking out two stars. Secondly, they claim that the win rate of this software has always been indisputable. I do not know why the emphasis is on win rate as opposed to return on investment.
This is Forex and not binary options where the money you make is dependent on how many times the software gets it right. Anyway, even with the so-called indisputable win rate of 95. That means this developer is only blubbering. I am just wondering how far they can take this joke. It’s one thing to play around with statistics and it’s quite another to produce proof showing how this software was able to make each and every single coin that it is being praised for.
The sales page actually gives us a few stats on the years that this robot has remained active. According to the developer, Forex Megadroid Expert Advisor started trading in 2004 up to 2009. Then after this, there seems to exist a huge jump that has not been accounted for. The developer does not talk about their trading results in 2010, 2011 and so on.
How come that this developer is not accounting for the number of gap which exists between 2009 and 2017? This certainly does not make sense. It only raises questions as to whether Forex Megadroid is a genuine trading system. For this reason, I am going to knock out another star. The developer is obligated to explain what they have been doing all this time.
Otherwise, I cannot advice anyone to pay for this robot because it is not worth subscribing to in the first place. What I did not elaborate on is whether or not these results have been verified by a credible third party like myfxbook. Look, this is not stone age. If a robot developer claims that they have a trading system that has consistently extracted dollars from the Forex market, let them produce evidence that shows whether this is true. There are a few established third party verification platforms to use. One of them is myfxbook account. It does not cost this developer to track results of their so-called revolutionary trading system using myfxbook.
So why didn’t they do so? Why do they insist on making claims while ignoring the most important things here? The answer should be obvious to you. These guys are simply targeting the naive and the desperate who think that making money in Forex trading is as simple as using automated trading systems.
As far as this review is concerned, I can assure you that all the alleged results of the so-called Forex Megadroid Expert Advisor have not been verified. The developer is simply hoping that you and me will trust them for saying that this software has been developed for 21 years and that now every trader can use it to make money in the Forex market. Therefore, without proof of performance, I can assure you that this software will definitely fail you. They know very well that if this system is put to test, it will burn the account involved. This is the last thing they would want to show you.