May 19
It has been a trend now that the last trades that Fap Turbo opens always results in a loss. Many times it results in a minor loss, sometimes eating the profits of the day. In just three cases it resulted in mini loss of around $50 and a disastrous loss of around $170.
This is a pity, since if we can eliminate such trades, the account definitly would have be around $1500, a tidy profit of $500.
Just last night, there was a trade (the last trade) EurChf that closed at a minor loss of -$2.96. This morning since I had to wake up early, the EurGbp trade was still open and manually closed the trade at a profit of $2.57. I have switched off Fap Turbo since normally what it does when a trade has been open for some time, it will try and close at a loss sometimes even of -$10 or more. But I noticed from the graph patterns that the trend is coming in favour to me, so I switched off Fap Turbo and closed the trade manually. But I rarely wake up early and find trades still open
Anyway, I am trying to figure out the problem, and in case I find a solution, of course I will post it here.
Mar 26
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.
Feb 03
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