Overview of 9th – 13th February – Profit of $229.87

Hi, can’t help you here since I have my own dedicated server (not VPS) for my sites, so I can’t really recommend. However I guess choosing a VPS should not be a problem compared to the problem for selecting the best broker for the trades.

However, from experience, try select companies that have been in the market for a number of years and offer a well setup customer support. When something goes wrong in the VPS, you are basically at their mercy especially if you are trading live. Better pay few dollars more to be honest.

Maybe some readers can suggest a VPS that they are using and can recommend it to our friend here.

Hi Trenkts,

I have followed the installation from the manual / videos. So is useless to repeat the process apart from the fact that I forgot what I have done

But I remember I have downloaded everything (Metatrader and Fap Turbo) from the server directly and unfortunately had to install Firefox since with IE it was not downloading.

Of course you need to use remote desktop.

If you are referring for VPS specifically for Forex, I am sorry but I don’t know.

What an interesting expreiment. Well done.
In theory.
On the stock market I can bid above below or within the spread.
For example. I want to buy EZL
Bid (Buy offer) $0.50
Offer(Sell offer) $0.56.
The quickest way to get EZL is to accept offer $0.56 and within seconds I have the shares.
However I decide to trump the current bid and make a bid of $0.53.
The other buyer sees my bid and bids $0.54.
Due to competition for EZL shares the margin moved from 6 cents to 2 cents.
(Actual trade resulted in both bids being accepted)

In forex you are always on the wrong side of the margin.
The is a functional basis for the forex market. If I go to the USA I will need USD and must trade and pay the margin that pays the costs of the trade and gives the broker a profit.
I can choose to trade at say 20 pips or if I look around might find a broker trading at 4 pips.
The broker’s profit is margin x volume.
If the margin is too high the broker risks losing volume.
If the margin is too low the broker won’t make a profit.
Therefore the force that gives effect to forex margins is the number of traders who refuse to trade below a certain margin or swap brokers or markets.
FAP turbo by default is apparently set to start trading below 5 pips. While all the FAP turbo users on their own would be unlikely to affect the margin there are undoubtably much larger automated tradings systems in operation including those that benefit from an increased margins that could potentially react to the influence of small robotic investors and one of the ways this could be achieved in by increasing the margins. This makes trading more risky and more competitive.
Already there are people increasing the margin of FAP turbo. That is the nature of competition.
So the next robot needs to have access to numerous brokers to increase competition between brokes for volume.
Very difficult for a small player but routine for a big player.
As I say “IN Theory”
Cherio

@Nev Nod – great explanation, and this exactly what is happening, MaxSpread is set to 8, thus very risky, however if I leave the default 5, Fap Turbo will not manage to make a trade. If I go live, I will make it 5 or 6.

@Rob – Thanks for reposting. $70 is too much!! $70 you buy a dedicated machine (a real physical machine) and not a virtual machine!! $35 is right price, if it comes with proper service. If the system is properly set up, their shouldn’t be any problems anyway.