Just a quick update on how Fap turbo is doing, as I said in my previous post, I have disabled long term trades. On scalping mode Fap Turbo does well, it did 5 trades, 5 successful. Before we ring the bells though, we need o give it more time on scalping strategies and also somehow we need to digest the following two issues.
So in this post I am about to reveal one thing that makes me think twice about the honesty of the whole program – the Forex Fap Turbo Robot. The other will be posted in another post. So let’s start.
Just doing View Source on the Fap Turbo official page, once can see that those three Live Proofs are simply three iFrames pointing to the following 3 pages.
http://fapturbo.com/tradingproof/steve370/steve370.htm
http://fapturbo.com/tradingproof/mike5k/mike5k.htm
http://fapturbo.com/tradingproof/uli2500/uli2500.htm
Those pages are generated from Meta Trader by going to Account History, right click and Save as Detailed Report. This will create an HTML file to whichever location you have saved the file. Now back to the reports published on Fap Turbo Site, follow these steps.
1) Visit one of the links above. Use Internet Explorer since on my computer the next step did not work very well on Firefox.
2) Now you should see the report nicely presented. Highlight all rows and columns from where trading transactions begin.
3) Right click anywhere and select copy.
4) Open MS Excel or any other spread sheet software that you use.
5) Paste the results in spread sheet and you should see the report in rows and columns format.
6) Highlight all rows of the profit column (last one).
7) Click on the Summation Button (E kind of shape).
Compare the total in the spread sheet with the total in official site.
Any discrepancy? Of course. Figures do not match. So I thought Is there is something wrong with the report extraction? I extracted mine and all figures matched to the last penny. So how come the results on Fap Turbo and Excel do not match?
Just for the record:
The account of $370, last Forex trading date was 2009.01.28 23:11, $34.21. Profit they claim it is $7907.24. According the extracted sheet, profit is $7161. Even if we add the $370, it will not sum up to $7907.
The account of $2500, last Forex trading date was 2009.01.28 23:11, $42.76 (same time as above ??). Profit they claim it is $7876.20. According the extracted sheet, profit is $5964.04. Even if we add the $2500, it will not sum up to $7876.20.
The account of $5000 is where the biggest discrepancy exists. Last Forex trading date was 2009.01.28 17:54, $135.55. Profit they claim it is $30015.98. According the extracted sheet, profit is $20337.58. In this case the $5000 is already added even in their results. Discrepancy of around $10000!!!
Download the Excel Sheets and see the image below to compare the values.
Mind you, Fap Turbo in scalping mode is profitible, but I should like if someone explains the above discrepancies, heavy discrepancies!
