Forex Robot World Cup - A Scam?

Great thanx a lot.

by the way here's the link to the system if someone is looking for it:

https://www.myfxbook.com/members/stevetrade/frwc-fusion-v/17763

wilkinson posted:
    Hilarious! Their new video makes it looks as it they've found the holy grail!

What has dna to do with trading? It's beyond me..

Don't tell me I didn't warn you..

Hey wilkinson --

The other day I was on their site. I watched the video till they mentioned 'dna'. That's when I killed the window. I've coded lots of mq4, but not a single line of dna. I feel sorry for people that happen on their website and don't know any better than to close that window fast.

It was definitely a masterpiece of... selling pitch :-D

I do not think that it is a complete scam, but definitely it was a very intense pushing campaign.

pavelr posted:
by the way here's the link to the system if someone is looking for it:

https://www.myfxbook.com/members/stevetrade/frwc-fusion-v/17763

Is it a live account? Belongs to whom, if yes.

It's mine and it's a demo account for now and no I am not affiliated in any way with the FRWC.

Steve,

Are you using the EXACT settings that you get in the members area? 'you will also get access to the EXACT settings used for FusionV 1.1a and each and every other robot in the FRWC's Royal Trader members' area.'

I'd like to see results from the top three as well? I like #2 myself. Will you be putting those on a demo account too?

And as for you FAPtubo haters, my account is doing just fine. https://www.myfxbook.com/members/JazzmanWA/fapturbo/14993 😁

Jason,
I'm using the default settings except for lot size, which I've scaled up to match my account balance. I've also disabled Straasha as I don't like Martingale systems.

I don't see any point in setting up individual trials for the top three as they are part of fusion, other than as a cross check. I have split the trades by magic number in my account so people can see how each strategy is doing.

If you take your FapTurbo account live you will get introduced to a world of pain. Overall I've lost over $2000 trading first Fap Turbo and secondly FapTurbo Evolution. I tried several brokers with the original Fap Turbo.

The liquidity issues in the live market during the Asian session and the randomised RSI entry on the robot means that fundamentally FapTurbo is a lottery. Yes, some people make money with it but I would imagine a lot lose money.

I did a comparative analysis of trades from live trading, forward testing and backtesting over a period of a few weeks with Fap Turbo Evolution. The results of which are on my blog

https://stevetrade.wordpress.com/2009/09/02/

I concluded that it was a waste of time and money, but good luck if you decide it is for you.

Steve

Steve,

You're my hero man. Took one on the chin and not afraid to say so. I have a lot of time for that.

Thanks Elkart, some things work out some things don't. That's life, just got to keep plugging away!

the next promo step....

I also have a live account available for cross referencing. Started off with only the top two bots, hi-rider, and LMD but also have fusion running there minus the two listed above. Trades are broken out by EA and color coded if you analyze the trades. There are several things running here and yes it is a live account.

https://www.myfxbook.com/portfolio/combo-system/16166

the FRWC will close its doors and stop selling their robots in less than 24hrs.

Best thing I've heard all week!

no sales = no scumbag affiliate sellers and their redirect links...

alexforex posted:
    the FRWC will close its doors and stop selling their robots in less than 24hrs.

Kieran, it is just a marketing scam..........they are just gearing up to launch the all new and improved psychic v230.120565.

If I get another email from these people, I think I am gonna puke🙄