Even though I said that I won’t trade this week, yesterday FAP Turbo was on and trading.  The day went as follows:

We had 6 trades, 3 successful and 3 with minor losses.  Average profit was around $12.00 approx. 

Currently there are 2 main problems that made life difficult to Fap Turbo and me:

1) Alpari new servers are going crazy.   Metatrader is disconnecting frequently and this is an additional risk for our trades.  Although I noticed the problem I went on trading although today I read in the FAP Turbo forum that Alpari advised not to trade.  I have traded and came out with a profit.  Today is also disconnecting but not that frequently.  Just my luck, when I have decided to go live, Alpari changed servers and are not working that smooth!

2) I had GMT Offset incorrectly set.  So FAP Turbo managed to create some profits even though I have mistakenly set GMT Settings incorrect.  Since my server is in the UK I got mixed up in the settings where UK have changed their time to summer time last weekend.

Lets see today how it goes.  Take care for now.

Although Fap Turbo managed to do $11.22 profit in the short period on Thursday night (since on Friday it should not trade) I am a bit concerned since this week every Fap Turbo user is experiencing a common problem.

Many people lost money this week in the Eur/Gbp pair since apparently the last trade is being opened and not closed by Fap Turbo. What is basically happening is that the trend goes the other direction, so results in a loss. Many users hit their stop loss resulting in $110 approx loss. In my case I switched off Fap Turbo and hoped that the trend comes back and in fact I managed to close the trade in minor profit around 8hours later! I am lucky that I work in computers so I can access my server anytime of the day. This happened three times this week, Wednesday night and Thursday night and also Monday.

Noone has ever seen this behaviour before, including myself after 3 months of testing and there are many discussions in the FAP Turbo official forum about this matter. Some said to close the trading 1 hr before so the last wrong trade is not done by the robot, some said is becuase of the latest version of Fap Turbo, myself I don’t know. However it would be interesting that in this case, I open a trade against Fap Turbo and close Fap Turbo trade straight away, since I will easily make 50 – 80 pips.

Up for next week, I don’t think I will go live since I will be travelling to the US and I can’t monitor Fap Turbo especially during the 9hrs flight to Miami and also because of the above problem. I don’t know yet at what time FAP Turbo will be active – US Time, so anyway if it trades when I am available we will trade! Demo will be working anyway to see whether the above problem repeats itself.

Keep Tuned! If someone that lives in Florida can tell me at what time Fap Turbo is normally active, it will be greatly appreciated. Yes I can calculate with GMT etc etc but I am too lazy and I don’t trust myself in mathematics involving differen timezones!

Last night wasn’t that much interesting as regards profits ad trades.

4 trades were done, 3 successful, 1 with small loss. Overall profit is around $10.

The one bad trade was in EurGbp and it took up to this morning for the trade to be closed. At some point it was even -80$ loss!! At the end it closed around $5.00 loss. I only seen this once while in the demo trading. We see whether it will repeat again.

I also noticed that the spreads are 5 in the live qoutes, while in the demo the spreads in EurChf which is the most active pair was always 3. So although Fap Turbo is happy with a spread of 5, there will be less activity, less trades.

This morning the spread is 3 in both EurChf and EurGbp.

Hi Guys

Yesterday we went live with Alpari and Fap Turbo managed to do around 5 successful trades for a total profit of $26.00 and some cents. I missed nearly 2 – 3 hours of trading, since I have set up the forex robot around 1.00 am and normally Fap Turbo starts trading aroud 10.00 pm, so anyway could have made some more profits.

Lets see today – hope it will be a great trading day tonight.

By the way, I only deposited $1000, using the most conservative settings and lowered the leverage to 100:1.

The most BASIC rule of any kind trading is – DO NOT BE GREEDY.

Another great week for FAP Turbo. 

I have transferred the money last Friday so I hope that by Tuesday should be running live – and we will see how it goes.

Type Size Item Price S / L T / P Close Time Price Profit
balance Deposit 3 000.00
sell 0.28 eurchf 1.53744 1.5536 1.5325 2009.03.16 22:26 1.53693 12.05
sell 0.28 eurgbp 0.92255 0.9387 0.9186 2009.03.16 22:50 0.92192 24.84
buy 0.28 eurgbp 0.92166 0.905 0.9266 2009.03.16 23:13 0.9223 25.22
buy 0.29 eurchf 1.53658 1.5213 1.5414 2009.03.16 23:39 1.53756 23.97
buy 0.29 eurchf 1.53668 1.521 1.5411 2009.03.17 00:18 1.53719 12.48
sell 0.29 eurchf 1.53776 1.5536 1.533 2009.03.17 00:30 1.53708 16.65
sell 0.29 eurchf 1.53762 1.5538 1.5331 2009.03.17 01:00 1.53711 12.48
buy 0.29 eurchf 1.5367 1.521 1.5408 2009.03.17 01:02 1.53714 10.76
buy 0.29 eurchf 1.53796 1.5213 1.5429 2009.03.17 22:28 1.53879 20.36
sell 0.29 eurchf 1.53958 1.5565 1.5353 2009.03.18 00:19 1.53906 12.76
sell 0.29 eurchf 1.53966 1.5549 1.5352 2009.03.18 00:20 1.53904 15.22
sell 0.3 eurchf 1.53994 1.5565 1.5346 2009.03.18 00:29 1.53928 16.77
sell 0.3 eurchf 1.539 1.554 1.5337 2009.03.18 00:55 1.53849 12.95
buy 0.3 eurgbp 0.92647 0.9098 0.9305 2009.03.18 02:33 0.92709 26.12
sell 0.29 eurgbp 0.945 0.9601 0.9403 2009.03.19 02:31 0.94469 12.8
buy 0.3 eurchf 1.53741 1.5206 1.5429 2009.03.19 04:03 1.53733 -2.1
buy 0.3 eurchf 1.53479 1.5193 1.5404 2009.03.19 22:24 1.53543 17.09
sell 0.3 eurchf 1.53611 1.5515 1.5318 2009.03.19 22:53 1.53556 14.69

Profit of $285.11

Until we go live, there isn’t much to comment, so excuse me for not posting frequently, but do contact me if you need anything.

FAP Turbo had another great week this week. I will post results on Friday. Sorry for this short message, but I just came from UK – 3 hours flight after a very hectic busy day.

I hope that when I go live Fap Turbo delivers the same results, since such income is gold right now.

For Friday..keep tuned.

So this week Fap Turbo with Alpari did great. See results below.

buy 0.26 eurchf 1.4608 1.444 1.4653 2009.03.09 22:11 1.4619 24.69
sell 0.26 eurchf 1.4618 1.478 1.457 2009.03.09 22:13 1.46125 12.34
sell 0.26 eurgbp 0.91539 0.9319 0.911 2009.03.09 22:40 0.91478 21.85
buy 0.27 eurchf 1.46081 1.4458 1.4665 2009.03.09 23:34 1.46136 12.79
buy 0.26 eurchf 1.46051 1.4447 1.4663 2009.03.10 00:05 1.46106 12.33
buy 0.26 eurgbp 0.91453 0.8989 0.9199 2009.03.10 00:54 0.91484 11.11
sell 0.26 eurgbp 0.9153 0.9308 0.9099 2009.03.10 01:37 0.91493 13.29
sell 0.27 eurchf 1.46136 1.4781 1.4571 2009.03.10 05:50 1.46173 -8.65
buy 0.27 eurchf 1.47069 1.4554 1.4767 2009.03.10 22:44 1.47087 4.19
sell 0.27 eurchf 1.47203 1.4882 1.4664 2009.03.10 23:36 1.4715 12.34
sell 0.26 eurgbp 0.92243 0.9382 0.9164 2009.03.11 03:47 0.92243 0
sell 0.27 eurchf 1.47256 1.4883 1.4669 2009.03.11 05:20 1.47281 -5.8
buy 0.27 eurchf 1.47999 1.4648 1.4852 2009.03.11 22:28 1.48067 15.91
sell 0.27 eurgbp 0.92607 0.9428 0.9214 2009.03.11 23:26 0.92576 11.62
sell 0.28 eurchf 1.48103 1.4973 1.4764 2009.03.11 23:56 1.48052 12.37
buy 0.27 eurgbp 0.92527 0.9091 0.931 2009.03.12 00:53 0.92559 11.94
buy 0.27 eurchf 1.48015 1.4644 1.4856 2009.03.12 01:30 1.48044 6.79
sell 0.28 eurchf 1.48043 1.4963 1.4754 2009.03.12 01:30 1.47978 15.77
buy 0.27 eurchf 1.47969 1.4644 1.4837 2009.03.12 01:31 1.48019 11.7

$196.58

This is extra to the $101.63 posted in the previous post, so basically it is a total profit of $298.21. Thats the amount of profit generated in 4 days – scalping made trades only.

I am still in the process of opening a live trading account, but since I am a bit lazy, yet I need to scan the application form. Tomorrow I should do it anyway.

Take care for now and keep tuned!

Sorry for not posting frequently at the moment, but I am extremely busy. Anyway Fap Turbo is still running and doing its work.

As you know, we will be going live but there are some documents to send, then I need to transfer money so it will take some time. However the following is what happened last week on my demo account – very positive results indeed! I have removed some unnecessary columns, but in no way I have modified the values!

buy 0.24 eurgbp 0.89219 0.8765 0.8976 0.89181 -12.9
sell 0.23 eurchf 1.47855 1.4952 1.4728 1.47803 10.22
buy 0.23 eurchf 1.47953 1.4638 1.485 1.48008 10.8
buy 0.23 eurchf 1.47709 1.4613 1.4828 1.47764 10.83
buy 0.23 eurchf 1.47735 1.4612 1.4826 1.47791 11.01
sell 0.26 eurchf 1.46957 1.4858 1.4652 1.46905 11.55
sell 0.26 eurchf 1.46957 1.4855 1.4641 1.46905 11.55
buy 0.23 eurchf 1.47724 1.4617 1.4827 1.47783 11.62
buy 0.27 eurgbp 0.88832 0.872 0.8931 0.88929 36.95

PROFIT: $101.63

So Fap Turbo have gained $101.63 in 2 days since I have only set the demo account on Wednesday morning. Remember also that Fap Turbo does not trade on Fridays.

This shows that selecting the right broker is of paramount importance since the performance is much better in this broker than the previous one. I have also done some trades myself, but that was just for the fun of it and removed them from the results, Yes I have earned something over than $300 by myself. In fact the account stands at $3412.05.

So let’s wait and see, until we go live and see whether the results obtained in demo account will also be reflected in the live account.

Keep tuned.

Hi

I have just setup my server and a demo account on Alpari US since that’s the broker I will be using for now. I will give it a run for a week and if the results are the same as my previous testing I will go live. Yes sorry I am being a bit coutious.

I have setup Fap Turbo a bit late so I guess no trades will be done for tonight.

I will only be trading EurGbp and EurChf pairs of course in scalping mode since those are the only pairs that were successful. I will not trade Long Term trades for sure. I will also go for quite conservative settings, that is less risky.

So keep tuned, since now the fun begins! Hopefully by tomorrow I will have something to report.

Hi Guys

I have not vanished, I am still here. What’s happening with Fap Turbo?

Well this morning, I noticed that the demo account closed, so practically the challenge is finished. I don’t know exactly how and by whom it was closed, but I don’t care anyway. I read somewhere that some accounts are being moved to another server, and some others said that demo accounts occasionally are deleted. Hope this is not done with real accounts.

Anyway, I will write a post summarising what has happened during this challenge by tomorrow.
However after so many thinking I decided to go live with Fap Turbo and waste / invest $1000. Please make sure that when you trade, trade money that you don’t need. You may not see this money again

For now I will waste / invest $1000, since I am a bit worried on live spreads, but if I gain confidence I will increase the deposit.

After some research the broker selected will be Alpari US and it will take me some time to transfer my money there. But in the mean time we will start trading in demo tomorrow.

I am also learning Forex and soon I will be posting some of my knowledge gained during this adventure.
Anyway keep visiting the blog, since now the fun begins