EurUsd Long Term Trade closed. Profit of $97

Fap Turbo Scam My Comments 1 Comment »

I have just manually closed a trade that hav been open for a week at a profit of $97.00.  This was one of the trades Fap Turbo happily opened to me and one of the trades was closed at a loss of $500.  However now I have another open trade with a loss of around $330.  After this, I will not trade for now any long term trades.

So far no scalping trades were done and I don’t think that any will be done since the market is worse than a hurricane at this point in time.  People have been asking me what settings I am using and what broker I am using, and I will answers these questions in the next post – tonight.

What is funny though is that in the private forum there are a number of people asking for these settings and which broker  to use.  Everyone is helping out since everyone wants fap turbo to work.  But  I have not yet seen any information from the Fap Turbo creators of the settings they are using on their ‘live’ data!!  If someone can enlighten me and my readers and many others will be very grateful.  As I said in my previous post, they should publish these settings and mail shot their customers with these settings. Why? People want to make money as they promise, so they should make this information available to everyone and easy accessible.  Everyone I meant their customers.  So for me this is fishy and 1 point to the scam challenge.

Speak to you later

Why Fap Turbo Can Fail

Fap Turbo Scam My Comments 2 Comments »

Hi,

I am a software architect, so I design and build software. Software like Fap Turbo makes me skeptical about its success, but also intrigues me. It made me skeptical from the very beginning. But is worth a try. My quick questions were:

1) No software can match the skill and mind frame of a skilled forex trader especially if it only costs $149 or how much it costs.

2) Although undoubtfully there are strategies and systems that are followed by skilled forex traders, instinct and experience I bet are the best tools for a successful trader. No way these two things can be simulated in a program that costs millions of dollars, imagine for a software that costs $149.

3) Most obvious, if I have developed a successful software that generates me money, I would keep it for myself and not sell it to the public. Some poeple in the forum said that spreads change when Fap Turbo is trading, and are changed by the brokers. Fap Turbo Team explained the reason why spreads have increased lately due to market conditions. Which version is corrent only God knows. So back to my point, if only me – the creator of Fap Turbo, is using the software, than no broker would have noticed my trades. But since now thousands of people are using Fap Turbo is only logical for the broker to increase the spreads.

4) As from my betting trading experience, you manage to do a number of successful trades, and then one bad trade hits you and all the profits are wiped out. From there ‘live real’ that can be found on Fap Turbo sales letter one can see a number of big loss trades. How come they manage to remain in profit we do not know. I am not saying that the results are manipulated (they can easily do it if they want to) but one bad trade and everything is wiped out.

Anyway these are just the biggest four questions I immediately started asking myself when heard about Fap Turbo. If this software is really profitible in the long term, than the Fap Turbo Team merit the nobel prize for the 100 years to come.

On the other hand, if a considerable amount of people keeps on loosing money, then Fap Turbo will be considered as a scam even though may be it was not the intention of its creators.

Fap Turbo Scam Proof

Updating the site – Forex Beginners check back soon

Fap Turbo Scam My Comments 1 Comment »

Hello, Today you may experience some design issues on my site since I am updating a bit the design to accommodate some features that I want to add.

Further to this, I realised that having some experience in Forex and Currency Trading helps you understand better the Fap Turbo Forex robot. So I will be posting some articles that I have been reading and some books that I am reading as well, for the beginners that wish to learn a bit more on Currency Trading, Forex, Fx, whatever else they call it.

FapTurbo Scam Forex Robot – Change some settings

Fap Turbo Scam My Comments 1 Comment »

Today I did some surfing in the Fap Turbo Forex Robot private official forum and what I was amazed is the fact that there are mixed results, that is people are making profits or losses with this forex trading software. If it wasn’t for those two trades I would have been in profit, but anyway, I have tweaked some settings according to some recommendations and now I am only trading EURGPD and EURCHF currency pairs.

Lets see how it goes next week. Enjoy the weekend and Happy Currency Trading.

Fap Turbo Scam – All Profits wiped out

Fap Turbo Scam My Comments No Comments »

Well, one of my long term open trade was for some reason closed today at a loss of the -$503. So basically all profits wiped out. Even worse the other open trade is still open at a loss of -$221. But sometime this trade was close to -$20 so I hope that Fap Turbo will not close the trade at another loss of -$500 because than that will be the end.

To be honest, the two trades got crazy after the effect of 19th January. Before this date everything was going well, small but incremental profit. The question I should like to ask at this stage is: If the market was not as unstable as these days, would Fap Turbo be profitable? People lost many money on the 19th (mine is demo so at the of the day I lost nothing), before that date people where all happy with profits. I know people that stopped Fap Turbo and claimed money back after that loss. Who started Fap Turbo in November / December he should still be in profit.

In my case up to this point, there are still many days left to claim my money, so lets keep the ball rolling with this challenge. :)

Fap Turbo – Tips and Tricks and Logistics Issues

Fap Turbo Scam My Comments 3 Comments »

I was just thinking about the following issues that many Fap Turbo customers may encounter during their daily peril with forex trading. Prior trading with your live money, you need to find a logistic solution for the following issues, so you are prepared in the eventful that you need to switch off Fap Turbo, due to bad trading day coming, bad news that just went out etc.

When everything is normal, then there are no problems. But when action is required from your side and you are at work or travelling or whatever, then you may need to stop Fap Turbo from trading wherever you are at that point in time. How? Apart from the normal obvious things that you may call your wife, rush home etc there are the following technological solutions and on what you need to be careful about.

1) Enable Remote Login for your home computer if you are not using a VPS (Virtual Private Server). You may then login from your work computer (or wherver you are) to your home computer and is like you are working on your home computer. Cool, problem solved.

2) Make sure that Remote Desktop Connection works from your office. There can be security settings set by your IT Department that will not let you use Remote Desktop Connection, hence you will not be able to stop Fap Turbo.

3) Check that your work internet is reliable and fast.

4) If your work requires you to be on the go, then make sure to have a 3G card with you and a laptop whatever so you may connect wherever you are – trains, traffic etc etc.

5) Also check that you may connect to your VPS (if you are using one) from work or wherever you are.

Although this may sound stupid, 1 bad trade and your profits are wiped out. And believe me, things happen when you need to switch off Fap Turbo! So the above may save your account! Do not ignore them.

Fap Turbo Scam – Forex Robot in Panic Mode

Fap Turbo Scam My Comments 5 Comments »

Hi Guys / Girls

I went to read some posts within the forum of Fap Turbo, were I already said that it is very active. I could notice that most people are loosing money especially with the new release of Fap Turbo 3.6. I have installed this version and currently I have 2 open trades at a loss of around $600.

There are also a number of discussions going on Brokers. Selecting the right broker is the most important factor for Forex Trading / Fap Turbo. I couldn’t find an answer to a very simple question: Who is the BEST Broker? There are different ideas of course, and different opinions. There are post that talk about experiences were real money have not yet been deposited and other could not withdraw the money. All this trouble is definitly not for me.

Furthermore, people are being asked not to panic since the market is not stable and in the long term the software is profitable. My question is: How much long term? After the 60 days trial so you won’t have the right to claim the money? In the sales letter they also state that Fap Turbo was successful even during the turmoil currently going on, so why now many people are loosing money?

We see during this week what is going to happen, but I guess that the challenge is not going to last 55 days but will stop before. I bet many people will be rushing to claim there money back – like me :)

Fap Turbo – things do not look so good

Fap Turbo Scam My Comments 3 Comments »

Hello…

Right now there are two open long term trades at a huge loss of -$370 together that basically wipes out all the two weeks profit and even more than that. Off course Fap Turbo is working on its own without my intervention. I don’t understand a thing on Forex so what I can do? Nothing.

But remember, the creators of Fap Turbo claim that even newbies should set it on autopilot and makes money, and thats the reason for this challenge anyway. Now if these two days were not ideal for trading, than a nice service to intoduce is to alert the users by email. Anyway lets wait and see. :)

Fap Turbo Software Updates

Fap Turbo Scam My Comments No Comments »

Early this week, I beleive Monday, a new Fap Turbo Update was released. I have installed the new update I beleive last Wednesday. Updating the software is very easy and this is a + to the whole package.

Another nice thing to note is that I have purchased Fap Turbo two weeks ago, and having an update just after two weeks I don’t know if it is good or not. For sure having an update means that there are people working on to impove the sotware. The email received was full of information explaining the software update. Again big + tp the whole package.

In the members area there is also a very active forum with tips and tricks on how to improve the trades. At the moment I am not taking care on any of these since their sales letter states to leave everything as is by default and should generate money. And this is the purpose of this blog.

So far so good, looks a good package overall with updates, forum and support. But well, we want to make money so at the end of the day my verdict will only be based if it generates money – by itself.

Fap Turbo Thursday – Friday Trades

Fap Turbo Scam My Comments No Comments »

So here we are with $266.92 profit in 2 weeks. Nothing to be amazed since there are 2 long trades which are open at a loss of -$141, so the actual profit is basically much less.

On Thursday early morning (europe time) the Fap Turbo software kindly did 2 trades, one Buy EurUsd and one Sell EurUsd. I can’t understand this strategy since as currency goes up, the other goes down, basically locking the same profit. The funny thing is that on Thursday the market was so flactuating that at some point I could close one of the trades for $100 and I was very much tempted to do it. However that would leave the other trade open at -$100 loss. Later in the day, what was -$100 went to +$100 and what was +$100 went to -$100. Anyway I left the software decide what to do and I did not do anything to it.

On Friday, around 3pm (europe time) one of the trades was closed for $140 profit (see screenshot) and another buy trade was done which is still open. Of course there is still open the trade done on Thursday which is a sell trade. All together this make a loss of $141.72, but again as one goes up the other goes down. We will see what happens during this week.

Keep Tuned!




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