Hi Guys,

Although I was not posting, Fap Turbo was still running and generating profits / losses

The main problem I am finding (and mind you even other Fap Turbo users are having the same problem) is that the last trades are nearly always at a loss – irrespective of the currency pair. If it is minor loss, thats pretty much acceptable, but a loss that wipes out your profit is not at all acceptable.

So I have been tempting to sort this issue and try and figure out a solution. I am trying out some solutions and I will post here my findings.

Btw I am also trading now USD/CAD currency pair thanks to a suggestion from a regular reader of this blog and so far so good. Many Thanks.

So far, my account went down to $945 from initial deposit of $994. But now with some setting changes we are around $978. Pretty close.

For next time

So lets summaries what has happened this week. Fap Turbo did only two trades, 1 profitable $28.36 and one at a loss of -$2.62. So too trades overall profit of $25.74.

These where only scalping trades for the EURGPD and EURCHF currency. My Scalper_MaxSpread is set to 5. I know that people have increased this to 7 during this week. I did too just today but since today is Friday no trades in scalping modes will be done. This is why I have not updated much the 55 day by day profit challenge page

There is also the issue of selecting the right broker especially right now since spreads are high and thus Fap Turbo cannot trade appropriately. I will see what is going on inside the forum and will post early next week. A friend also recommended me another broker and I will look at it.

Furthermore, mid week finally we heard from Fap Turbo creators as you can read from my previous post. Not much have been said of value!

Happy weekend and thanks for all the people that are finding this blog useful.

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!