Although I am not posting frequently, FAP Turbo is still running and making some losses

Anyway the account has recovered although still with $50 loss but better than as it was before.

The point I want to make today are two:

1) Fap Turbo doesn’t give a shit (sorry for my language) on the start and ending times of trading. It only starts trading at 10.00 and doesn’t care on your settings. If someone can shed some light on this, will be greatly appreciate. Fap Turbo forum wasn’t helpful since my post was not approved.

2) Why it needs a babysitter? Since again it doesn’t give a shit on the ending time of the trades. From my experience and many others the last trades are most of the time always with a big loss. So when are the last trades? After 11pm - 12am.

So like a babysitter I need to monitor Fap Turbo and basically start closing charts after 12am.

Regarding this week trades, not much trades this week after a big loss of -$48 since kindly FAP Turbo traded after my specified timings last week.

Up for next time.

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

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!

Hello dear readers,

First I want to thank all people that are following this challenge and with their positive comments that I am receiving. Just a reminder, I am taking this challenge to prove the worthness of Fap Turbo Forex Robot from a beginner point of view. I have basic knowledge on Forex and I am not at all a Forex Trader - far from it.

Anyway, Fap Turbo today did 1 successful trade of $28.56, scalping mode. With these results, I can’t for sure judge that Fap Turbo does not deliver results since in scalping mode this robot so far has delivered profit - in my demo account. I am talking only on my results and not what the others fakely say on their blogs. I think we are only 3 people posting our results - unbaised from all the blogs around! So be careful what you read - many sharks around!!!

Since for some reason people hide thier settings (why??), these are my settings. I am only trading Scalping Mode since as you can see from my results of Long Term trade, Fap Turbo lost over $1000 dollars - welldone.

So I am only trading:

EurGbp - M15 and
EurChf - M15.

Both of them have the following settings:

Scalper_Lots are set to 1.0,
Scalper_UseMM is set to true.
Scalper_GMTOffset is of 2 since my server is in UK.
Scalper_MaxSpread is set to 5.

There is a hot debate on Scalper_MaxSpread and I have also posted an article on such issue. Some traders are increasing Scalper_MaxSpread to 7, although Fap Turbo Manual says that also 5 is a bit risky. 7 is even more. Maybe tomorrow I will increase it to 7 as well, just to have a try.

If anyone is willing to share his settiings with our readers, pleas go ahead.

For Tomorrow, cheers!

PS: Where are the Fap Turbo creators? Last email we received from them was early January, I believe 10th January. I think they vanished with our money :)

As things stand so far, my personal opinion is that Fap Turbo is a failed project. At least in these turbulent days in the market, Fap Turbo is not at all profitable. However as per my previous post I will give it a test on scalping trades only, since in these kind of trades only one or two closed at a loss, the others were all profitable.

I am posting my actual results with my demo account since I have nothing to hide and is not my intention to fool you. Just be careful that there are blogs that rank very well in search enines that claim that Fap Turbo works and is profitable. So far in my case it is not profitable especially in long termi trades. So watch out!

But lets see on $scalping what it will do, however for sure this is not for beginners as their sales letter says. You need to interpret the daily news, how will they effect the market and also some understanding on forex. So I suggest that for beginners buying a book and learn the basics of forex is the best start.