Quote:
Originally Posted by forex1412  Thanks again Rick. You're info is very helpful. I've read through several of your postings and I see that you've purchased several robots in the past. Would you recommend purchasing the Megadroid over the rest?? What broker would you recommend to use along with the robot? I appreciate you holding my hand through this.......
Ryan |
Sorry Ryan,
It looks like I missed your follow-up reply. Apologies for that.
To answer your questions:
More like I would recommend MegaDroid in addition to another EA. IMHO, the trade frequency of MegaDroid is such that it can't be used alone (although some people do exactly this). The choice of other EA(s) in addition to MegaDroid is tricky as these EA have to complement MegaDroid, not hold it back. Regardless, MegaDroid is an excellent choice as a starter EA and I would recommend it as your first EA over all others.
The choice of a broker is complex. Since you are in the US, it's important to get a broker that is non-NFA. This may mean going to Europe for a broker but a lot of EUR brokers won't take US accounts (like mine). I recommend that you ask the MegaDroid people here what their favorite broker is for MegaDroid. I know recently, the people here have been talking about ATC and IamFX. Also take a look at the current section of the MegaDroid Review thread. There is a lot of broker discussions there.
Rick