Hello dear readers,
First I want to thank all people that are following this challenge and with their positive comments that I am receiving. Just a reminder, I am taking this challenge to prove the worthness of Fap Turbo Forex Robot from a beginner point of view. I have basic knowledge on Forex and I am not at all a Forex Trader – far from it.
Anyway, Fap Turbo today did 1 successful trade of $28.56, scalping mode. With these results, I can’t for sure judge that Fap Turbo does not deliver results since in scalping mode this robot so far has delivered profit – in my demo account. I am talking only on my results and not what the others fakely say on their blogs. I think we are only 3 people posting our results – unbaised from all the blogs around! So be careful what you read – many sharks around!!!
Since for some reason people hide thier settings (why??), these are my settings. I am only trading Scalping Mode since as you can see from my results of Long Term trade, Fap Turbo lost over $1000 dollars – welldone.
So I am only trading:
-
EurGbp – M15 and
EurChf – M15.
Both of them have the following settings:
Scalper_Lots are set to 1.0,
Scalper_UseMM is set to true.
Scalper_GMTOffset is of 2 since my server is in UK.
Scalper_MaxSpread is set to 5.
There is a hot debate on Scalper_MaxSpread and I have also posted an article on such issue. Some traders are increasing Scalper_MaxSpread to 7, although Fap Turbo Manual says that also 5 is a bit risky. 7 is even more. Maybe tomorrow I will increase it to 7 as well, just to have a try.
If anyone is willing to share his settiings with our readers, pleas go ahead.
For Tomorrow, cheers!
PS: Where are the Fap Turbo creators? Last email we received from them was early January, I believe 10th January. I think they vanished with our money 
Author: Fap Turbo Scam
Tags: Basic Knowledge, Blogs, Cheers, Creators, Dear Readers, Demo Account, Eurchf, Forex Trader, Hello, M15, Money, Point Of View, Reminder, Robot, Sharks
February 3rd, 2009 at 8:28 am
Hi, Fantastic job! I was researching a bit before to buy the siftware when I found your blog… Very nice indeed. I do not understand tradex at all, the only experience I have is on futures market and in the betting market, can I ask where you can set an tradex account up, which costs are involved, maybe a short list of what to do would be very useful for people like me..
Thanks
February 3rd, 2009 at 10:38 pm
Hi Mario thanks for your message. I am happy that yound this blog useful.
To answer your questions
1) There are a number of Forex brokers that are ‘friendly’ with Fap Turbo. These are the brokers recommended by Fap Turbo creators.
1. FOREXMETA FXDD http://www.forexmeta.com/forex
2. INTERBANK FX (IBFX) http://interbankfx.com/
3. ALPARI CO UK http://alpari.co.uk/
4. FXCM http://www.fxcm.com/metatrader.jsp
5. FXPRO http://www.fxpro.com/
Choosing a broker is very important. In the forum of Fap Turbo there is a hot discussion on each and every broker. I am using Forex Meta.
2) Costs involved are Fap Turbo and a Virtual Private Server (VPS) so the software is running daily. You may also leave your PC on. VPS I think is around $40 – $60. There are comapnies specifically support Fap Turbo.
3) For sure you need to know a bit on Forex. I am reading the two books listed in the left hand side. It made me understand more what is happening. You also need to follow the news. Also patience is virtue and as in betting you need to be very very disciplined, thus do not run after your losses.
If I can be of any help let me know. Do you have any betting system that works? Iused to trade alot on Betfair.
February 4th, 2009 at 7:38 am
Hi Jason, thanks for your answers, I wait that your test will be finished… meanwhile I am starting to learn better the forex, as you said about the bet system you must put rigid stop loss if you don’t want to be eaten alive by the broker…
I am using igindex.co.uk unfortunately I couldn’t make any money from it, I created different systems and one of them it was working in virtual mode for more than three months when I put it to real test it last one week… I found the mistakes but to be honest you have to stay in front of the computer all the time and it’s not life…
February 4th, 2009 at 7:57 pm
Thanks for the website, it definitely made me look at purchasing FAP Turbo a little differently. While I can’t completely rule it out, it’s nice to see a varied perspective compared to all the “rave” reviews that you see on the internet.
I’m a complete newbie to Forex Trading and haven’t jumped in yet. I want to have some sort if idea before getting my feet wet. I came across a site that may be of interest to you. ForexPeaceArmy.com I searched FAP Turbo and have seen varied reviews on this site. It’s pretty interesting to get insight into other educational resources out there as well.
I may be getting FAP Turbo, but I think knowledge is power as well. Don’t leave it all to a robot. I’m looking forward to your future posts and videos.
Rob
February 4th, 2009 at 9:32 pm
Thanks for the unbiased info on fap turbo. It’ll be good to finally find out if it’s a scam or not…
February 4th, 2009 at 9:43 pm
Thanks for the info regarding Fap turbo, please send more info