Hello, it been sometime since I posted two articles in few days So how our robots are doing? This week was a great week for Fap Turbo / Megadroid were we did a profit of $49.93 - although I traded 2 trade myself along with Megadroid and Fap Turbo.

Fap Turbo
This week was good week for Fap Turbo and the robot obeyed the rules I don’t remember closing any trades myself manually as I normally do if the trade has been open for some time and the current market time is over 11.30 pm - Since this is normally what I do to avoid devastation of my account by Fap Turbo. Hey the trade of $16.61 in profit, I did it not Fap Turbo since I noticed a typical chart pattern in the pair and traded along with Fap Turbo.

As can be seen on trade ticket 13097215, Fap Turbo closed a trade at 23.55. That trade opened and closed in few minutes since at that time I went to eat and the previous trade 13095074 was still open with minor profit, and I was going to close it on my return as explained above. It was well beyond 11.15. But as already been said in this blog, Fap Turbo doesn’t give a shit on timings since Fap Turbo should stop trading at 11.00pm. Thats why you need to monitor and baby sit the robot. Luckily these trades went well.

Megadroid
I am sorry for mentioning Megadroid in this blog, but this robot deserves respect. I had launched a specific blog for this robot back in April / May I was super busy at that time to blog the results. But as I said, this robot is extremely reliable and profitable.

This week we had 2 trades from Megadroid in Eur/Usd of course and a profit of $11.10 and $3.90. I normally trade along with the robot, but I have missed the first trade, but on the last day I made a profit of $7.70 while Megadroid did $3.90.

I will explain what I do in another post - that is how I trade along with Fap Turbo. To be honest I never messed with Megadroid settings - too lazy since I can easily modify the lots traded, but I am happy to open another trade at the right time.

Visit Megadroid Official Site here.

IVYBot
IVYBot did not started well but it is too early to judge. See IVYBot Review blog here.

Hi,

Have been sometimes since I have posted, but there wasn’t much to say to be honest. The following is a nutshell of what has happened in the last 2 weeks.

Fap Turbo:
Fap Turbo did not trade much 2 weeks ago and last week we had some good trades.  Unfortunately one particular day I forgot Fap Turbo running, of course the last trade was a disaster in the Eur/Gbp pair.  Lost $-54.  Thanks Fap Turbo - very grateful.  If IVYBot turns to be more reliable like Megadroid I won’t use Fap Turbo anymore.  The creators of Fap Turbo don’t even care anymore about their clients, and visitig their forum - you just see people asking for help, with no help coming in of course.

Megadroid
This robot keeps on being profitable since all its trades were always successful so far.  The downside of this robot is that it trades once a week, and if we are lucky twice a week.  But since they are always successful, I won’t grumble anymore.

Visit Megadroid Official Site here.

IVYBot:
This is a new robot was released late last week which I purchased and intend to review like I did with Fap Turbo and this blog.  As always they are promoting heaven…even claiming to become rich in one of their banners! WOW!  Let me prepare the resignation letter to resign from my work just in case I need it!

Seriously, I will review this robot, and you will see how it is going in my new blog -IVYBot Review.

Of course do not believe the hype that you will become rich!

Apologies for writing about megadroid and IVYBot in this Fap Turbo blog.

I was asked this question recently by this blog visitor and to be honest, I couldn’t say ‘Yes is death’ or ‘No is alive!’

Let me tell you why I think Fap Turbo is death…
Fap Turbo released their new Fap Turbo robot this week. For me it means that poor people like me have been abandoned. So I think this robot will not anymore be updated and wish that I am wrong. I have not checked in the Fap Turbo forum to see what others are saying so I stand to be corrected and this is just my opinion.

Let me tell you why I think Fap Turbo is Alive and Kicking…
My account went up and down, and really went down to I believe 850$ from $992 deposit. It went up again to $920, $950, $980 back to $920 and all this cycle. In this process I was learning and maybe, just maybe I have figured out how to control this untamed beast – fap turbo. Now in just two weeks I have recovered over $120 and my account now stands at $1044.

Whether it went up because the market is stable and makes Fap Turbo happy or it went up because of the strict rules that I am adhering to control Fap Turbo, I can’t say. Honestly I can’t say. I still don’t have that much confidence yet and also I lost confidence in Megadroid people too. So whether I will keep trading or not, I don’t know.

Why I lost confidence in Megadroid
The robot is super accurate, trades very little but profitable. BUT I have received an email from Megadroid people with a super offer that if you buy Fap Turbo Pro from them they will give you a new version of Megadroid Pro for free which is yet to be released.

Although I understand that even competitors make joint venture I didn’t liked this email at all.

What are your views on this?

Hi, It has been sometime since I have posted my last post - as usual very busy, but Fap Turbo kept running and hopefully tonight the account becomes again break even - $988 initial deposit real money. The bank account right now is $969.67 - very close.

Anyway it was a bumpy ride so far, the account went in profit for around $200 sometime back in April but went down to $850 or something like that. It went down for many reasons, basically market instability, and the usual Fap Turbo problem of last trades left open and end up wiping your account etc, etc.

Apparently we have found a solution for the problem, but again, another problem popped up. Two weeks ago the account was close again for $980, but I had two trades that opened around 8pm and were left open - could not be closed. Eventually the pair drifted the opposite side and hit the stop loss for the trades - the account went again back to $900 great. I was very annoyed to say the least!.

Anyway I think I have found a solution for this, but I will post it later on, when the account reach $1150 If I ever make it to this milestone Hope I will.

When reaching this milestone I am not sure if I will continue trading - maybe I do, maybe I don’t. We will see…Although Fap Turbo at the end of the day does not waste me much time, I think I would prefer the money elsewhere…but we will see…:)

Why I am saying this, I got utterly annoyed by the fact that Fap Turbo Swiss whatever is called was released and they said it is as accurate as a Swiss Clock. This was sold for $600 and only available for certain type of clients and trades on a different trading platform. Basically you have to be rich!

Anyway, if they said that they now have a version of Fap Turbo as accurate as a swiss clock, why the hell they don’t IMPROVE the robot that other 40000 people - THEIR CLIENTS are using? At least why they don’t FIX the last trading problem? This problem exists even if others say that it does not exists, but it exists! It has wiped my profits 4 times and $100 - $150 twice

This is why I got utterly annoyed, because this is not the way to threat their current customers!

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 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

Hi guys,

This week is a disaster. So lets start…

Further to my previous post, I said that I switched off Fap Turbo and closed the trade manually. I was a happy man on Monday morning with +$110 profits. Later in the afternoon I logged in into my server to check some other things, and to my shock I saw the account $1001.XX. Then for some reason there was a trade during the day with a loss of $89!!!!!!!!!! What the fuck???? All profits again wiped out again.

To be honest I forgot if I have closed Metatrader and switched it on again, since it could be the case that Fap Turbo was still thinking of the open trade left open before. I don’t know what happened but is a disaster.

Anyway, not many trades has happened since Monday and only one was successful, the others were simply losses. Spread is 5 so is not a question of Pips.

Now the account stands again to around $1001 but thanks to Megadroid robot two successful trades.

Lets see tonight what is going to happen.

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.

As per my last post, right now I am travelling a lot so posting and updates are a bit restricted. Anyway, this is a summary what what has happened so far, since we went live.

1) We went live at 24th March, 2009, with $1000 deposit

2) Broker is Alpari

3) All settings left as default, just reduced LRR to 5.0, scalper lots set to 0.1 - very conservative settings.

4) I have not traded all days, since there were 2 - 3 were market and Alpari were not stable.

5) Alpari changed servers and there is a problem of disconnectivity.  I don’t know if this problem was fixed lately.

6) FAP Turbo 3.7 was released.  Some people lost money on that day but for sure is not due to the robot.  On the same day Alpari changed servers, and market was very unstable.

7) I had GMT Settings set incorrectly since the daylight hour change, and Fap Turbo was not functioning correctly.

So far FAP Turbo has generated $115.89 profits.   See my next post for details.
Take care for now.

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.