Re: Forex Megadroid - Forex-megadroid.com
there does seem to be a lot more positive chatter about MD this month but I guess that is because it has had a good month.
Interestingly from a trading point of view, lurkers and newbies a like might like the sound of 17 wins on the roll. However, one does not need that kinda of stike rate in trading. That kinda of strike rate is offset by the high risk to reward ratio.
I personally am trading only 1 trade a day at the moment although some days I have no trades triggered. But for the 15 trading days so far this month I have had only 20 winners at my target price...yet I remain in profit for the month. Its all in the math behind the system...not the actual system itself.
Incidentaly, I read a comment somewhere, someone trying to justify the loss of an MD trader saying the latency could be the issue. Quite rediculous that one would even trade a system where latency would effect the results. Surely people must be smarter than that?
|