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Forex Forums | ForexLasers.com |
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#1
01-03-2009, 16:41
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Fapturbo
FAP Turbo is one of the newer forex algorithmic trading systems to hit the market in recent months. A trading system drastically decreases the risk/loss factor and consequently improves your chances of success or reliable profits. Continue reading this FAP Turbo review to see how this specific system stacks up amongst it's peers.
For those who are unaware, forex algorithmic trading systems were initially designed to cover gaps in a trading regiment by auto trading in the trader's best interests. In recent years, trading systems have been considerably revamped to remain keyed into the market around the clock and trade accordingly. Consequently, the learning curve is significantly cut down to make forex trading more accessible for beginners and trading veterans alike. In moving along to the specifics of this FAP Turbo review, the main point to be taken away from this system is that it reacts and responds faster than any other forex algorithmic trading system which I have tried at the time of this article. This is an upgraded version of the original Forex Autopilot system which did so well. The inclusion of stop loss and take profit protocols gives you more control over what the system does while still delivering in the quickest responses to changes in the market and trends that you'll find anywhere. In a market where success is determined by information and the ability to act on it, FAP Turbo is the current front runner. It knows what is happening in the market by keeping connected to the net at all times, which is a major asset to have in a market which runs 24/5. That being said, it's imperative to your success with this system that you leave it connected at all hours of the day to give it the ability to react around the clock. If this is not an option for you for any reason, the publishers offer to run the program on their on server around the clock for you at a slight additional cost. If you're interested in FAP Turbo articles, objective reviews and latest news; Why not visit FAP Turbo Review 
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#2
02-03-2009, 14:22
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Quote:
well let me tell you the Ea isn't very good. lots of small wins but then huge losses.
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#3
02-03-2009, 17:04
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FAP Turbo
Same here .... I got my refund after losing money in my live account. It did well on demo, but when I tried it on my live account it bombed. It had many winners at small pip gains but when I loser came it wiped out all gains and then some. At that time they were also updating the EA every few weeks. I suspect they were backtesting and changing settings to try to follow the market.
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#4
05-03-2009, 17:13
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Yes, usually crappy EAs perform well on demo and very very bad live.
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#7
05-03-2009, 18:25
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I tried it too. Even in demo, loosing trades most of the time. Small wins. It could not be trusted to trade on it's own for you without great potential for loss...
Calls I received trying to get me to work with their master trading training for $5000 was by someone who didn't even know the system. I was more than disappointed...
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#8
23-03-2009, 22:51
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Yes lots of wins then large loss wiipe out gains
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#9
20-04-2009, 04:01
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Fine tuning needed..
It works very well if you fine tune it. Like reduce the trade time by one hour each day makes a huge improvement! I got my draw downs as well but now much less when trading hours shortened!
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#10
20-04-2009, 23:04
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There are no free lunches on the markets guys. Everyone knows this but people are pre-programmed to look to the upside and not think about the downside.
Bearing in mind the forex markets are zero-sum, i.e. for you to win a pip someone else must lose. If this robot really was profitable, let alone doubled your money in months, wouldn't everyone be using it? Why on earth would you sell a system that would make you a millionaire in months?
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#11
21-04-2009, 02:31
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Hi
I am new to FX. I am currently doing loads of research trying to trade manually as well as using EA (I have got FAP turbo :D on a demo acct). Fishman69, how do you reduce the trading hour. I had a quick look at the input field but cannot make out where to change it. I am after a good VPN service provider any suggestions please and what should I be look out for. Then again is it worth going to all that trouble? Many thanks
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#12
21-04-2009, 04:23
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Fab Junk
Quote:
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#14
27-04-2009, 17:29
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Fapturbo...
Well I had 2 big draw downs last week :mad:
You can adjust the trade times by using fapturbopro45 instead of regular. There is an area for start and stop time (watch your gmt offset). If you go to their forums read a ton! There are some account people post showing what it has done. Most are getting good results in the longer run (several months). My account will need a month of good trades just to recover! But I am still tweaking it. Most of the people doing well are using lrr (risk) at around 20. I am too chicken so I am at 5 (meaning 5% risk as opposed to 20%) I guess with the draw downs I have had I should have been at 25%??? What manual systems are the guys that think Fapturbo is garbage using? I am looking into good manual systems. Fish...
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#16
18-05-2009, 22:49
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Quote:
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