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.

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.

Hi Guys

Yesterday we went live with Alpari and Fap Turbo managed to do around 5 successful trades for a total profit of $26.00 and some cents. I missed nearly 2 - 3 hours of trading, since I have set up the forex robot around 1.00 am and normally Fap Turbo starts trading aroud 10.00 pm, so anyway could have made some more profits.

Lets see today - hope it will be a great trading day tonight.

By the way, I only deposited $1000, using the most conservative settings and lowered the leverage to 100:1.

The most BASIC rule of any kind trading is - DO NOT BE GREEDY.

Had to write this article last weekend but I was caught with work.
An overview of last week performance of Fap Turbo Forex Robot. So last week Fap Turbo did extremely well in scalping mode.
It did 8 trades for a total profit of $229.87. All successful trades with no losses.
And these are the settings that I am using.

Pairs: EURGBP / EURCHF
Scalper_Lots are set to 1.0,
Scalper_UseMM is set to true.
Scalper_GMTOffset is of 2 since my server is in UK (depends on broker as well).
Scalper_MaxSpread is set to 8.

MaxSpread set to 8 is pretty risky, but as we have already explained, the spreads has widened and thus Fap Turbo will not trade often with MaxSpread set default to 5.

We see what this week is going to happen. However the question remains,

DOES FAP TURBO WORK IN LIVE ACCOUNTS? – SINCE WE KNOW THAT QOUTES VARY FROM DEMO TO LIVE!!!

Your comments to this question are highly appreciated.

You can find the Trade Report Here - Fap Turbo Scam Proof Trading Report.

Hi Guys and Girls,

The question Fap Turbo customers always ask and yet there is no answer is why the spreads have widened, thus Fap Turbo cannot trade so is ineffective.

Just to explain the problem, the difference between buy and sell quotes is called the spread. The spread can vary from broker to broker, and normally it varies from 3 to 5 pips. If the spread is between 3 to 5 pips, than Fap Turbo has the right environment to trade is scalping mode and in this case, Fap Turbo in my tests was successful. Even yesterday did 3 nice profit trades, more on this later.

Now the wider the spread the more the quotes need to shift in our favour to close the trade in profit. See this post for example in this blog.

The spreads of a forex live account

What has happened in early January is that the spread has become 7 to 9 pips, which definitely is not favourable for Fap Turbo, so it cannot trade. In fact last week I only had 1 trade over the whole week!

The question people are asking is this:

Why the spreads have widened this far so as Fap Turbo cannot trade?

There are two theories, two possible answers.
1) The spreads have widened because of the current market depression, thus there isn’t enough liquidity in the market. This can be a plausible fact.

2) The brokers have increased the spread due to Fap Turbo. Since many copies were sold of Fap Turbo, the bhrokes have widened the spreads so as Fap Turbo does not trade.

Now since I never traded in the stock market I can’t say if reason 2) is plausible. Again I am testing Fap Turbo from beginners point of view, and there are other blogs that are testing Fap turbo from professional point of view since they are active traders.

From my stupidity, for every buy trade as far as I know (or sell?) it includes its broker commission. So the more trades are done, the more profit the broker can gain, isn’t it? This is what I think, although I know it is a naive thinking. So why the brokers needs to increase the spread?

If any trader reading this blog can shed some light on this issue it will be greatly appreciate. So what do you think?

After I have been asking what happened to the Fap Turbo Forex Robot creators, finally they heard me and sent their customers and email! WOW!!!

Anyway, this email is full of crap for me. Why? This is a summary of what they said.

1) Send 2 links for PDFs download
They have released and made available for download 2 PDFs of live accounts they are using. All accounts are in profit, were every reader in this blog and also their private forum is reported losses or very small profit. Unfortunately I can’t sum up the totals since they are in PDF format. Probably the totals are wrong as well as per their main official website live results!

See this post since I have already posted about this. http://www.fapturboscamproof.com/711/fap-turbo-scam-forex-robot-busted/

Again the same question: WHY THEY DON’T TELL US THEIR SETTINGS - THE SETTINGS THEY ARE CLAIMING ARE MAKING THE ABOVE MENTIONED PROFIT?? WHY???

2) Visit the forum
Thanks. The private forum only customers most of them frustrated speak up. They don’t participate in it. They urged their customers to visit the forum, and leave their customers wonder around and play with settings and lose money at the same time.

3) Fap Turbo Monthly Mentoring
They will be releasing a monthly flash chat script. We need the settings first!

4) Fap Turbo Future#
As regards the future, they are working on lowering the spread dependence and allow people to use the Fap Turbo success formula even outside the Metatrader 4 platform.

Ahhhh something else they fired three people but hired five new. From my commercial experience loosing people is nearly always bad for any company even if they were cleaners!

Anyway, to close up…this is their closing statement:

“Our Financial Future shines bright as we tweak, work, release new updates and make sure that we all enjoy forex earnings for a looong looooong time :)”.

Yes the money they got from customers yes makes their Financial Future Bright. Very true, they are not lying here.

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.

I was just thinking about the following issues that many Fap Turbo customers may encounter during their daily peril with forex trading. Prior trading with your live money, you need to find a logistic solution for the following issues, so you are prepared in the eventful that you need to switch off Fap Turbo, due to bad trading day coming, bad news that just went out etc.

When everything is normal, then there are no problems. But when action is required from your side and you are at work or travelling or whatever, then you may need to stop Fap Turbo from trading wherever you are at that point in time. How? Apart from the normal obvious things that you may call your wife, rush home etc there are the following technological solutions and on what you need to be careful about.

1) Enable Remote Login for your home computer if you are not using a VPS (Virtual Private Server). You may then login from your work computer (or wherver you are) to your home computer and is like you are working on your home computer. Cool, problem solved.

2) Make sure that Remote Desktop Connection works from your office. There can be security settings set by your IT Department that will not let you use Remote Desktop Connection, hence you will not be able to stop Fap Turbo.

3) Check that your work internet is reliable and fast.

4) If your work requires you to be on the go, then make sure to have a 3G card with you and a laptop whatever so you may connect wherever you are - trains, traffic etc etc.

5) Also check that you may connect to your VPS (if you are using one) from work or wherever you are.

Although this may sound stupid, 1 bad trade and your profits are wiped out. And believe me, things happen when you need to switch off Fap Turbo! So the above may save your account! Do not ignore them.

Hello…

Right now there are two open long term trades at a huge loss of -$370 together that basically wipes out all the two weeks profit and even more than that. Off course Fap Turbo is working on its own without my intervention. I don’t understand a thing on Forex so what I can do? Nothing.

But remember, the creators of Fap Turbo claim that even newbies should set it on autopilot and makes money, and thats the reason for this challenge anyway. Now if these two days were not ideal for trading, than a nice service to intoduce is to alert the users by email. Anyway lets wait and see.