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.

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.

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.

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.

So this week Fap Turbo with Alpari did great. See results below.

buy 0.26 eurchf 1.4608 1.444 1.4653 2009.03.09 22:11 1.4619 24.69
sell 0.26 eurchf 1.4618 1.478 1.457 2009.03.09 22:13 1.46125 12.34
sell 0.26 eurgbp 0.91539 0.9319 0.911 2009.03.09 22:40 0.91478 21.85
buy 0.27 eurchf 1.46081 1.4458 1.4665 2009.03.09 23:34 1.46136 12.79
buy 0.26 eurchf 1.46051 1.4447 1.4663 2009.03.10 00:05 1.46106 12.33
buy 0.26 eurgbp 0.91453 0.8989 0.9199 2009.03.10 00:54 0.91484 11.11
sell 0.26 eurgbp 0.9153 0.9308 0.9099 2009.03.10 01:37 0.91493 13.29
sell 0.27 eurchf 1.46136 1.4781 1.4571 2009.03.10 05:50 1.46173 -8.65
buy 0.27 eurchf 1.47069 1.4554 1.4767 2009.03.10 22:44 1.47087 4.19
sell 0.27 eurchf 1.47203 1.4882 1.4664 2009.03.10 23:36 1.4715 12.34
sell 0.26 eurgbp 0.92243 0.9382 0.9164 2009.03.11 03:47 0.92243 0
sell 0.27 eurchf 1.47256 1.4883 1.4669 2009.03.11 05:20 1.47281 -5.8
buy 0.27 eurchf 1.47999 1.4648 1.4852 2009.03.11 22:28 1.48067 15.91
sell 0.27 eurgbp 0.92607 0.9428 0.9214 2009.03.11 23:26 0.92576 11.62
sell 0.28 eurchf 1.48103 1.4973 1.4764 2009.03.11 23:56 1.48052 12.37
buy 0.27 eurgbp 0.92527 0.9091 0.931 2009.03.12 00:53 0.92559 11.94
buy 0.27 eurchf 1.48015 1.4644 1.4856 2009.03.12 01:30 1.48044 6.79
sell 0.28 eurchf 1.48043 1.4963 1.4754 2009.03.12 01:30 1.47978 15.77
buy 0.27 eurchf 1.47969 1.4644 1.4837 2009.03.12 01:31 1.48019 11.7

$196.58

This is extra to the $101.63 posted in the previous post, so basically it is a total profit of $298.21. Thats the amount of profit generated in 4 days – scalping made trades only.

I am still in the process of opening a live trading account, but since I am a bit lazy, yet I need to scan the application form. Tomorrow I should do it anyway.

Take care for now and keep tuned!

Sorry for not posting frequently at the moment, but I am extremely busy. Anyway Fap Turbo is still running and doing its work.

As you know, we will be going live but there are some documents to send, then I need to transfer money so it will take some time. However the following is what happened last week on my demo account – very positive results indeed! I have removed some unnecessary columns, but in no way I have modified the values!

buy 0.24 eurgbp 0.89219 0.8765 0.8976 0.89181 -12.9
sell 0.23 eurchf 1.47855 1.4952 1.4728 1.47803 10.22
buy 0.23 eurchf 1.47953 1.4638 1.485 1.48008 10.8
buy 0.23 eurchf 1.47709 1.4613 1.4828 1.47764 10.83
buy 0.23 eurchf 1.47735 1.4612 1.4826 1.47791 11.01
sell 0.26 eurchf 1.46957 1.4858 1.4652 1.46905 11.55
sell 0.26 eurchf 1.46957 1.4855 1.4641 1.46905 11.55
buy 0.23 eurchf 1.47724 1.4617 1.4827 1.47783 11.62
buy 0.27 eurgbp 0.88832 0.872 0.8931 0.88929 36.95

PROFIT: $101.63

So Fap Turbo have gained $101.63 in 2 days since I have only set the demo account on Wednesday morning. Remember also that Fap Turbo does not trade on Fridays.

This shows that selecting the right broker is of paramount importance since the performance is much better in this broker than the previous one. I have also done some trades myself, but that was just for the fun of it and removed them from the results, Yes I have earned something over than $300 by myself. In fact the account stands at $3412.05.

So let’s wait and see, until we go live and see whether the results obtained in demo account will also be reflected in the live account.

Keep tuned.

Last week it wasn’t very much exciting.  We had 5 trades, 4 where successful, 1 bad.  However it was a bad week for everything, so I couldn’t expect much out of Fap Turbo.

I knew that 17th was going to end bad, since shares has fallen drastically, but I left Fap Turbo running to see what is going to happen.  It manage to do 1 trade, with a loss of $10.29.  At least the loss is sustainable.  I believe that this is the 2nd or 3rd loss of Fap Turbo is scalping mode – so yes Fap Turbo in scalping works IN DEMO MODE.

What happens in Live mode I don’t know.  I am notr sure yet if I am going live with Fap Turbo.  For sure if I go live I will reduce the spread risk to 5 – 6 and won’t leave it to 8 as it is right now.

What do you thing?

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.