Is Fap Turbo Death?

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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?

Fap Turb still going…

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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!

Last week - this week performance

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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

Disastrous Week

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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.

Fap Turbo: Last trades results always in a loss

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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.

FAP Turbo Live Overview

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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.

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

Further Results

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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.

9th - 11th February, Fap Turbo Profits of $152.21

Fap Turbo Scam My Comments 16 Comments »

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!

Fap Turbo Scam Proof - 55 Day by Day Profit Challenge Already Started

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Hi Guys / Girls,

The Fap Turbo software / robot has started the 55 Day by Day Profit Challenge two days ago.  However due to the fact that:

  • I had to set up the software / robot on my server,
  • I had to read a manual of 65 pages that come with the software / robot,
  • I had to watch around 9 videos that come with the software / robot,

apart from my full-time job, my part-time job and setting up this blog too, it took me two days out of those fifty five.  But I have everything documented and everything will be up and running pretty soon.

I guess that the real action will start next Monday, since on Fridays the software does not trade and then comes the weekend.  Let’s just wait and see.

In the meantime, if someone out there has tested the system and has results not tampered with Photoshop or any other software please me let know.   I am here to share my experience, knowledge and everything that I will learn throughout this 55 day by day profit challenge.

Keep tuned, frequent daily updates. Register now to my RSS feed or my mailing list.  I hate spam, so I will in no way share your email with anyone, or send you useless emails.

Introduction

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Hi Guys / Girls

Lately there has been a buzz about Fap Turbo – the real money Forex Robot.  If you haven’t heard about it, you may find the information about the product here - Fap Turbo Official Site.  In a nutshell, they are promising that they have develop a Forex Robot That Is Capable Of Doubling Your Money Every Single Month…

  • $370 Turning Into $7,300- In 2 Short Months
  • $2,500 Turning Into $8,700 - In 45 Days
  • $5,100 Turning Into $25,100 - In 30 Days
  • In their website you can also see LIVE FX Trading results by the system, at least they claim to be live and real.  But I am here to prove this, and this is the main purpose of this blog. :)

    Furthermore, affiliate marketers jumped to sell this product through Clickbank, since a generous commission is being offered, thus a quick buck to be earned.  Some of them even went to the extreme of offering free ebooks or inventing a nice story landing page for buying the system.  In a quick search in Google you will definitly see a number of Adwords, reviews (most of them are definitly NOT really evaluated by the authors) and all sorts of techniques just to generate your interest and buy the system.  Anyway, I am also interested in such a system since the idea of having a system working for me and earn me some bucks per month without me doing nothing, it just excites me.  Who wouldn’t anyway?

    So, my plan is to proof whether this system is a perfect scam, or just a honest real money making opportunity for online foreign exchange trading, forex, fx and all the other words that they call it.

    Keep tuned, frequent daily updates. Register now to my RSS feed or my mailing list.  I hate spam, so I will in no way share your email with anyone, or send you useless emails.




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