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.

Hi guys, yes I have vanished for a month or so, but I was pretty busy, had a lot of work travel and a relaxing honeymoon, then had to catch up again with my hectic life. – so no time to update the blog.  Anyway Fap Turbo still remained trading, making profits and losses at the same time.

So these are the results so far since the start of Live Trading with my real money.  So what happened during my absence?

In a nutshell, at some point Fap Turbo made a profit of around $170 in around a month.  Then there was a big loss of $167 that basically wiped out the profits.  I was a bit sad to see all profits wiped out, but now Fap Turbo has recovered again.  We are around $100 in profits.  I admit there were some days that I switched off Fap Turbo, especially after the disastrous loss.

Please find results here - All Results So Far

See you - should update frequently again now!

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.

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.

Hi there,

Even though in this profit challenge we are still in day 19 out of 55, I can’t conclude for now whether Fap Turbo is a failed project or a scam. As regards long term trades Fap Turbo is a disaster. All my losses have come from these kind of trades. See my daily challenge updates here - Fap Turbo Scam Update.

On the other hand, on scalping trades, Fap Turbo was very profitable and successful, so until I conclude that Fap Turbo is a scam, lets give it another 10 days on scalping trades only.

In fact today, it did a profitable scalping trade of $18.51.

Today I did some surfing in the Fap Turbo Forex Robot private official forum and what I was amazed is the fact that there are mixed results, that is people are making profits or losses with this forex trading software. If it wasn’t for those two trades I would have been in profit, but anyway, I have tweaked some settings according to some recommendations and now I am only trading EURGPD and EURCHF currency pairs.

Lets see how it goes next week. Enjoy the weekend and Happy Currency Trading.