Hi Guys and Girls
Last week, I believe Friday have modified the Fap Turbo MaxSpread to 8 than the default 5. Since the spread have widened, Fap Turbo could not trade, in fact last week only 1 trade was done. So what was the result of this change?
Monday 9th February, 1 Trade, profit of $15.46
Tuesday 10th February, 2 trades, profit of $79.79
Wednesday early morning, 11th February, 4 trades, profit of $56.96
Total Profit of: $152.21
Not bad at all, in fact the account has recovered after the disastrous losses of log term trades. Now I am overall $33.13 in profit. 
Furthermore today I have modified
Scalper_Lots : 3 – it was 1 before.
Scalper_UseMM: to false
So tonight Fap Turbo should trade with higher amount money, higher profits or losses.
Although these results are nothing to be happy with, one has to see how Fap Turbo performs in
1) Live Account. I am only using demo account.
2) If a bad trade comes in scalping mode, how much are the losses!
Since the start of this challenge, only 2 losses in scalping mode, and the losses were minimal and sustainable. The question remains whether Fap Turbo is consistent in losses as regards scalping trades, or Fap Turbo gets crazy and loose all the profits sustained with long term trade were -$1000 were lost.
We will have to wait and see! Keep tuned!
NB: I just report everything not just the bad side of Fap Turbo as I normally do in this blog. So far Long term trades are a complete disaster, but in scalping mode Fap Turbo was always profitable. Lets wait some more days!
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Author: Fap Turbo Scam
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February 11th, 2009 at 7:36 pm
Im glad to see that FAP Turbo is turning around for you. Your results are in line with the vast majority of other demo and live FAP Turbo users. pipcop.com has there Alpari live account trading at a $377 profit from a $5,000 starting balance. Its been live since Jan 26 so in just a couple of weeks a live account is at a net of 6.75% profit. They only have 2 loosing trades for a draw down of like mabye $14.50….I have a positive outlook all the same. I know this robot works at scalping and have accepted how it does this as being very risk adverse and safe.
February 11th, 2009 at 7:42 pm
PS. Be carefull with your lots set to 3. Thats $300,000 per trade! I know the ability to make redicolous profits is there, but stay on top of the trades….I could get scary.
February 11th, 2009 at 9:12 pm
Question. Are you using a VPS or leaving your computer on 24/7? I’ve heard that there are more reasonable VPS services that are not as pricey as 70 dollars monthly.
Great to hear about your gains. I’ll be downloading FAP Turbo this week and starting a few demo accounts. I’ll be looking forward to your next blog.
Thanks
February 11th, 2009 at 10:13 pm
@Robert -
Yes increasing it to 3 makes it more riskier, but this is just a demo account. But thanks for bringing that to this blog reader’s attention.
@Rob -
I have my own server so did not need any VPS. But VPS is recommended. Please go slow and be careful. For sure do not trade long term trades because they are a disaster. Use only scalper trades. Read through this blog and others for tips and settings. Trade live when you are confident! Yet I am not sure if I will trade live or not. Goodluck.
February 12th, 2009 at 2:41 pm
Hi, I’m a newbie and just started running the FAP Turbo on demo account, at 7 am GMT Feb 12,with the following setting :
Broker - IBFX
Pair - EURGBP on M15
FAPTurbo setting - scalper_lots = autolot
scalper_use MM = true
scalper_GMT offset = 0
scalper_max spread = 5
The problem that i have so far is why there is always a message saying ‘the trade signal is missed due to invalid high spread, current spread 6 and Maxspread 5′?
Therefore, the robot couldn’t make any single trade. When I look at the Bid and Ask price, the spread was only 3. What went wrong with my setting?
Appereciate comments and advice from anyone.
February 12th, 2009 at 3:22 pm
Hi Zamri, Check for sure the GMT Offset with the time showing on the metatrader and your current location. I have never seen such an error. Better ask Fap Turbo customer support.
Furthermore, just be patient, I had a week where only 1 trade has been done. Just leave Fap Turbo working on its own. Spread widening is the current problem with Fap Turbo so it will not trade much. From my experience use scalping trades only. I am also trading EurGbp and EurChf pairs. Only EurChf is trading. The EurGbp nothing.
Also I heard that IBFX is not the idle broker since there were a lot of problems with it. I am using FXDD. See around in this blog since in some post I have my current settings - forgot which one though sorry.
Welcome to this blog and goodluck. Patience is Virtue. Leave Fap Turbo alone and only trade scalping trades.
February 12th, 2009 at 6:03 pm
Thank you for your valuable comments. Appreciate if you could share your latest setting for EURGBP and EURCHF pairs.
p/s - FAPTurbo manual suggests not to to trade on Friday and they have set this as default (but you still have an option to change). What do you think?
February 12th, 2009 at 8:12 pm
Hi again, my current settings for EURGBP and EURCHF pairs.
Scalper_Lots are set to 1.0,
Scalper_UseMM is set to true.
Scalper_GMTOffset is of 2 since my server is in UK (depends on broker as well).
Scalper_MaxSpread is set to 8.
Do not trade of Friday because market is more volatile and even worse you may have an open trade left open by Friday night. What can happen is than on Monday when market reopens the qoutes could have moved in favour to us or even worse the other way round leaving you with a big loss. Some brokers closing time is also different.
Don’t be greedy just leave it working on its own. And please if you are a beginner you need to understand the basics of Forex! Fap Turbo is not for beginners as they claim to be. I am not a Pro either.
February 12th, 2009 at 10:43 pm
Thanks again.
February 13th, 2009 at 10:05 pm
Ok I did all my homework and mathematically everything adds up so I bought this Fapturbo. Now I have many years of trading experience. I have been trading stocks,options and I recently started trading Forex in another account and I am doing well so far. Over my many years of trading I heard about these robots and no I have never tried one myself before but I saw what they can do. I saw the good and the BAD!! Now I did the math and everyone keeps talking about their 5000k “live/Demo” trading accounts are (I call it as I see it no offense :)but nobody ever talks about taking money out I Always say it’s not real until it’s in my hands? ?? makes me wonder?? so I said to hell with it I’m going to put 250 bucks in an account get this Fapturbo and let this thing do it’s magic and I’ll check back in 1 month and if it’s true I should have 500? Then I’ll do it again and so on for a year and I’ll have 1,024,000. That’s all I need and if this happens as I will be checking back so often on this blog for advise and also keeping you updated as to the progress of my 250 is going. Guys if this really works myself and my family say thank you. Now lets get to business. Ok so I did some tweaking to my settings and my fapturbo has placed a few trades on my demo account impressive enough that I will be live as of Monday or tuesday February 16th or 17th 2009. Thank you all and I look forward to hearing some of your ideas and comments. O by the way Fapturbo’s support team is on top of their game I have to say when it comes to helping out with a problem after I paid for the program their guy Henry helped me out by giving me a call and guiding my through the problem. So right there they gained my trust so to those who say this is a scam believe what you want but I will say this. It is possible and if you have the Patience you will build wealth… Which Patience is something I don’t have. So I will be trading my other accounts like the trading junkie that that I am…lol.. What else do I have to do I’m living my life the economy sucks the world is crazy and look people at least were are all breathing air and surviving in these tough times. So lets have a good time and lets all just play nice and prosper and build wealth together and just maybe this time we’ll be the ones do it it right… Stay humble and let’s not let Greed get the best of us…
Now lets make some money!!
Charlie
February 14th, 2009 at 6:06 am
@ Charlie,
Great to hear how you started FAP Turbo. I look forward to reading up on your progress as I begin this adventure myself. I lack patience as well and am willing to bite the bullet when it comes to this program. I know it won’t be a get rich quick deal as opposed to a steady wealth building course in patience. My interest has peaked so much that I’m determined to learn the basics of Forex and eventually do some manual trades.
Let me get my ponies back in the stable and say that I agree with you 100% when you suggest that we play nice and prosper and build wealth together. Touche! This is a great site and I thank the host for putting it together. If there is anything that I can do to assist anyone else, I will definitely be more than happy to do it. Life is short. Let’s be happy.
Here’s to success to you and everyone on this site!
February 14th, 2009 at 1:25 pm
Thanks for your input guys.
@Charlie Dee, can you share your trading settings and which forex broker you are using with us that eventually will make you $1,024,000 according to your maths?
I am also happy that Fap Turbo support team have helped so that proves that someone is listining.
Something else correctly pointed out is ‘Patience’ - have written something on this already. Patience is virtue, and in this game you must not be greedy and chase any losses back. So be patience and the account will grow.
With Fap Turbo, with long trades account went -$1000, now I am up to $250 profit, so Fap Turbo has recovered quite well.
Goodluck to you all
February 20th, 2009 at 8:24 am
Looking to verify results of FAB Turbo or at least see proof of someone’s account other than the company’s. How has it been for you since you started.
Thanks for your time.
Ryan
February 20th, 2009 at 11:23 am
Hi Ryan welcome to the blog. My real results, extracted from my Demo account can be found in my latest post.
http://www.fapturboscamproof.com/774/overview-of-9th-13th-february-profit-of-22987/
I will be posting soon an overview of what has happened in these 40 days of test.
Else see my hubpost which I have just posted which is basically about my thoughts on my tests carried out so far - Fap Turbo 40 Day Test Trial Overview
February 28th, 2009 at 11:03 am
I have been in the fx market for a while now and given these economic times any dollar one can make from this kind of trading will go a long way.
My pursuit of success brought me to this blog page and I must say that am impressed. I just recently acquired the fapturbo EA and I just got finished installing it on several platforms to see its results. What bugs me so much are the 100% claims on the fapturbo website and the spread issue. Does it really mean that any spread above the specified max will cause fapturbo not to trade? These are the questions I really want answered for me. I look forward to making my fapturbo work and keep its promise. This is the kind of advantage one needs in these financial times and there has to be a way of keeping ourselves on the +ve pips teritory. More thumbs up to u all. Cheer!
February 28th, 2009 at 11:35 am
Hi Alex,
Fap Turbo sales page / Affiliate marketers all they say is bullshit. Fap Turbo will not double your account, will not just leave it there and creates money for you and all this hype.
Fap Turbo so far have only been successful in Scalping Mode. However it only manage to do 1-8 trades a week, maybe $15 profit each. Some trades goes wrong, however ultimately you make small profit.
This week only 3-4 trades were done, one went wrong. But we ended up with slight profit which I will post later.
Now back to spread problem, yes in Demo mode spreads vary from the live account. I am trading with spreads of 8. Recommended is 5. Leave it to 5 no trades are done. Now on live account, I heard that FXDD sometimes spreads are 12.
Anyway I think I will go live next week, but I will reduce spread to 6 and see what happens.
Be careful on long term trades with Fap Turbo. Goodluck!