FAPTURBO 56 (by FAPTURBO) Quick Stats
Gain: -33.38%
Drawdown: 53.82%
Pips: -19.6
Trades: 374
Won:
Lost:
Type: Real
Leverage: -
Trading: Unknown

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FAPTURBO 56 Discussion
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FAPTURBO

Member Since Sep 07, 2011  2 posts FAPTURBO Jun 27 2012 at 14:49
It´s funny that there are no comments when Fapturbo makes 20 or 30 % in a month. Fapturbo is a volatile robot and it doesn´t hide losses by using martingale or no SL strategies like most other EA´s which 'seem' to be stable but when they loose the loose 100 %. If someone is thinking that Forextrading is a oneway ticket he should first learn basics of forextrading.

Markets are very instable and unpredictable this days and weeks. This will always cause losses with Fapturbo. Looking at the 99 % tick backtests you will see that it is not the first time in the last 2 years that there are 20 or 30 % drawdowns, but that doesn´t mean that a strategy is not profitable on the long run.

bakis

Member Since Mar 19, 2012  3 posts Dimitris Bakis (bakis) Jun 27 2012 at 16:04
fapturbo is a great robot. all the newbies think that it will make millions in one week.
they change the settings to trade 24h a day when it is programmed to trade at 21-23.

all about is how you control the risk and be patient.

just let FAPturbo run with default settings only. who told you that only wins? successful trading has losses too.




therebox

Member Since Sep 23, 2011  78 posts therebox Jun 27 2012 at 18:26
So far I didn't see Fapturbo making 30% a month, only 30% in DD. Dimitris, who is talking about settings? This is not about settings, it's about numbers the official account shows. The EA is new and shows a 30% DD. Period. I can't imagine what will be the DD after 1 year or so. I don't use the EA and won't use it, unless something changes and the official account shows good numbers and a smaller DD. This is not what I see.

FAPTURBO

Member Since Sep 07, 2011  2 posts FAPTURBO Jun 27 2012 at 18:57
This account is just 2 month old! What do you expect? We don´t know when there is a drawdown phase and when it is a good time! Everyone expects a robot going up through the roof from the first day. You all have to learn a lot. Just take a look here: https://www.myfxbook.com/members/FAPTURBO/fapturbo54/161062

bakis

Member Since Mar 19, 2012  3 posts Dimitris Bakis (bakis) Jun 28 2012 at 06:08
@FAPTURBO did i said smth different???

oliwand

Member Since Nov 16, 2011  5 posts oliwand Jun 29 2012 at 09:11
Hi all,

Do you want to resell your FAPturbo, I buy your at 20 $.

Just give me your paypal email address to pay it, your FAP email, password and the number of your EA.

Regards


robotchallenge

Member Since Dec 07, 2009  88 posts forexrobotchallenge (robotchallenge) Jul 04 2012 at 20:13
One other account I watch is six months old and down 20% and this in now fully three months old and approaching 40% losses. It is starting to look like wishful thinking more and more. I believe that the only pair that survives is eurgpb and I still run that one.

The future is here!
therebox

Member Since Sep 23, 2011  78 posts therebox Jul 04 2012 at 21:45
Good point, the first thing I would do would be the deactivating of a few currencies, such as EURUSD and GBPUSD. Then this EA would immediately become slighly positive. Then try to find out what could help more - maybe a shorter SL maybe something else. Previous versions are working better.

robotchallenge

Member Since Dec 07, 2009  88 posts forexrobotchallenge (robotchallenge) Jul 04 2012 at 21:59
I have looked at my own accounts and any other accounts I can access and eurgbp is the one pair that is profitable on all of the accounts. Perhaps others can confirm the same conclusion. I have been running it a at 10% risk for a while now and it always recovers quickly, so far anyways. I have left the stop loss alone.

The future is here!
JuanDavidV

Member Since Jan 26, 2012  4 posts JuanDavidV Sep 03 2012 at 14:49
yeah eurgbp might be positive, but still only for around 100 pips in 3 months... that's not even 10% of what I get with my actual system per month. Fapturbo had great days, but now its performance is just poor, considering also that you can get better results with free signals providers out there.

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