Fap Turbo Scam Forex Robot busted?

Fap Turbo Scam My Comments 11 Comments »

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).
8) 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.

Fap Turbo Excel Data

Mind you, Fap Turbo in scalping mode is profitible, but I should like if someone explains the above discrepancies, heavy discrepancies!

Updating the site - Forex Beginners check back soon

Fap Turbo Scam My Comments 1 Comment »

Hello, Today you may experience some design issues on my site since I am updating a bit the design to accommodate some features that I want to add.

Further to this, I realised that having some experience in Forex and Currency Trading helps you understand better the Fap Turbo Forex robot. So I will be posting some articles that I have been reading and some books that I am reading as well, for the beginners that wish to learn a bit more on Currency Trading, Forex, Fx, whatever else they call it.

FapTurbo Scam Forex Robot - Change some settings

Fap Turbo Scam My Comments 1 Comment »

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.

Fap Turbo - Tips and Tricks and Logistics Issues

Fap Turbo Scam My Comments 2 Comments »

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.

Introduction

Fap Turbo Scam My Comments No Comments »

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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