Fap Turbo Forex Robot - Is this the only blog saying these things?
Fap Turbo Scam My Comments Add commentsApparently this is the only blog all over the internet that is tackling Fap Turbo hype from a different perspective than the others. 98% - 99% of the blogs tell you it works, it is profitable so that you go and buy this forex robot.  But well, if you are not living in another planet you know that 95% of the things sold on the internet are outright scams.
Since I work in the software industry with ample experience, no software can mimic human intelligence especially if it costs $149. Even more no software can match the experience of a human being in this case of a skilled forex trader.
So basically,
1) Yes, I have all the right to be skeptical about this software and give my personal unbaised views on this software.
2) Yes I have fap turbo installed on my server and is working 24hrs a day. I am one of the few that are really testing fap turbo and not like many others running after your money and promising gold.
3) Yes I am really testing fap turbo with demo money.
4) Yes I have followed all the istructions for proper installation of this forex robot.
5) And finally yes I wish that fap turbo delivers some results by the end of the 55 day challenge.
What I have concluded so far is that the fap turbo on long term trades fails miserably. Â For sure it fails, it has no human intelligence to predict the future, it can’t listen to news and to weigh whether this piece of news will effect the currency forex market. No it can’t, it is a software. So this is already proven.
What is left to proof are scalping trades and so far fap turbo was successful in these. Today fap turbo has done two trades for a profit of around $20. Only 1 trade went wrong in scalping mode. The rest were all profitable. I repeat that all the profits were wiped out because of long term trades, and as we said they do not work.
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Author: Fap Turbo Scam
Tags: Ample Experience, Blog, Blogs, Currency Market, Demo Money, Different Perspective, Forex Market, Forex Trader, Gold, Human Intelligence, Hype, Internet Turbo, Match, Outright Scams, Profits, Proof, Robot, Software Industry, Term Trades
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Related Fap Turbo Scam posts:
January 29th, 2009 at 6:14 pm
Thanks for your approach at utilizing FapTurbo! I have searched around for a while in hopes of finding an unbiased approach at using this. It seems as though most of the other sites ‘reviewing’ FapTurbo are in fact advertising it.
In my findings I have looked up the ‘whois’ registration information on a list of these promotional web sites and compiled a list just so that you can see how many originate from one source.
Here are my findings:
—————————————-
Domain: FAPTURBOREVIEWS.ORG
8939 S. Sepulveda Blvd.
Westchester, CA 90045 US
—————————————-
Domain: FAP-TURBO-REVIEW.INFO
8939 S. Sepulveda Blvd.
Westchester, CA 90045 US
—————————————-
Domain: fapturbo.com
8939 S. Sepulveda Blvd.
Westchester, CA 90045 US
—————————————-
Domain: rtcreviews.com
8939 S. Sepulveda Blvd
Westchester, CA 90045 US
—————————————-
Domain: forexcritic.com
8939 S. Sepulveda Blvd.
Westchester, CA 90045 US
—————————————-
Domain: fapturboz.com
8939 S. Sepulveda Blvd.
Westchester, CA 90045 US
There are others for sure, but these are examples of groups of domains owned by one entity - all promoting the apparent scam. I’m not fully convinced yet as it does seem to do ok on scalping trades, but your investigation is intriguing nonetheless.
Thanks!
January 29th, 2009 at 7:59 pm
Hi TC, thanks for your positive reply. Much appreciated. At least someone is appreciating my effort. I confirm that having many domains and a number of social bookmarking profiles is one of the most effective marketing strategy. Most of them are always the same people, and some are intelligent enough to have multiple entities, so as one think that they are different persons.
February 2nd, 2009 at 8:43 pm
This is the other TC. I suspected the same from all the secret “affiliates” that promote FT without any integrity. I was also confused by this site which apparently advertises FapTurbo on each page. But I love the effort. What did you stop the evaluation? There are lots of people interested in your findings (especially for the short-term trades). I am doing the same but I found that the trades profits are very small (about $5 each). Probably some settings are wrong but it is difficult to get any info on those from the supplier. Keep up the good work.
TC2
February 2nd, 2009 at 9:05 pm
Hi, Thanks again for your post.
No I have not stopped the challenge, it just I was pretty busy and did not updated the results. There isn’t much to update since not much trades have been done.
No I don’t think you have wrong settings, is just spreads have widened and fap turbo cannot trade. See my last post on this. Scalping I think fap turbo works but then as you said $5-$10 profit, one bad trade and screwed. So is it worthed for $149?
Again the creators did not post anything, have never sent an email to their customers since early January, so things looks funny - a scam. At least this is what I think.
What are your views?
Thanks Again
February 28th, 2009 at 4:53 am
I tried fap turbo and it was extremely difficult to figure out, anyone who isn’t a computer pro shouldn’t even bother. It was all very confusing and after a few days of getting nowhere I ran out of patience and returned it. Don’t bother.
May 28th, 2009 at 2:40 pm
Mike, you said you returned fap turbo….did you get your money back?
May 28th, 2009 at 2:42 pm
Fap Turbo Scam….
I was wondering since you have or had the product, does the software track the trades profit/loss for you to download into turbo tax or give to your accountant at the end of the year. That many trades would be a nightmare if not tracked automatically.
May 28th, 2009 at 2:44 pm
Fap Turbo Scam Proof
I am glad you wrote this blog - as I was so ready to jump in because everything out there was sooooo positive. Glad you checked and showed all the positives came from the programmer probably.
May 28th, 2009 at 3:34 pm
Hi Barbara
To answer your questions:
1) You get money back up to 60 days from purchase. You purchase only this product from Clickbank (most reputable affiliate company) so just fill in the refund form and it only takes a day or two to be refunded.
2) Metatrader the platform on which Fap Turbo trades, can extract the trades in CSV format so don’t think it is a problem to import in turbo tax.
3) There are many blogs inventing numbers so as you to buy the robot. Eventually I went live but right I am loosing money. You are welcome to browse the rest the blog and see how the story is evolving.
July 5th, 2009 at 7:33 pm
At last a site where is not full of promotional bull! I bought FT two weeks ago, set it up on FXDD with a £10,000 demo account and within 5 days it lost £4,500 on EUR/USD. How could it not work out the market was diving and get out, I’m not expert but I could see it!. The Scalper stuff made a $140 profit but of course was wiped out. I’m trying Metatrader where the spreads are 5-8 and it looks like it will never trade as the spreads are too wide…. and this is one of the recommended brokers. Maybe I’m not so sceptical as I think it could work as a long slow strategy, but its useless if it sticks to holding clearly bad trades.
July 6th, 2009 at 12:01 am
Hi Paul
Welcome to this blog and thanks for your comments.
Is Eur / Usd the long term trade? Remind me a bit. I believe it is…JUST STAY AWAY IT DOES NOT WORK. Search around the blog for information.
I only trade Eur/Gbp / Eur/Chf and Usd/Cad in scalping mode of course. Selecting the perfect broker is important. I am with Alpari UK and they increased the spreads lately but at least are reasonable.
Mind you, there is a huge difference between Demo and Live trading. Don’t expect same results. And something else that I have noticed, close the trades manually for those that has been open for over 1.30 - 2.00 hours. In my case these are the trades that hit the stop loss wiping out $50 - $80 each time.
Goodluck.
October 1st, 2009 at 11:30 pm
what an informative posts, I will bookmark this site to digg. Regards, Reader.