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Fap Turbo Review Scores


Overall score: 1.9 / 5

Total votes: 118
Profitability
1
Ease of use
1
Pricing
1
Customer service
1
1 - worst 5 - best

Fap Turbo Discussion

Technical Trader (jgnorton)
Mar 17 2011 at 20:00
9 posts
Fapturbo has about a 75% win rate. However the loses can blow up an account overnight. Be very careful!


You ain't so bad, you ain't so bad, you ain't nothing. C'mon Champ, hit me in the face! My mom hits harder than you!
Moneyfarmer (MoneyfarmerEA)
Mar 12 2011 at 11:16
17 posts
Don`t use this EA it will burn your account! Only an advice!

cheers

malik naveed (malikpalmister)
Feb 23 2011 at 20:59
2 posts
ralozoms
Feb 10 2011 at 16:12
1 posts
I have attached a one year backtest of a new forex robot. I only backtested it by one year and currently forwardtesting it now. I would upload forward test results in the coming months... I backtested with a deposit of 500usd and leverage of 1:500 on Alpari Uk....

Attachments:


BigProfit2U (bpmapan)
Jan 14 2011 at 16:33
83 posts

stevetrade posted:
    My FapTurbo trades are on MyFxBook. Open Cast Iron Man and change the custom filter.
Analyse from January 5th 2009 to March 4th 2009 and remove the magic number filter.

You'll see that in that two month period Fap Turbo managed to lose me around £1700.

If you're making money at the moment with Fap Turbo then well done, but I wouldn't plan your retirement around it.


please look www.BPMAPAN2.myfxbook.com, i think this Ea so far so good bpmapan.net

Mr Nicky (Tradingcompany)
Jan 12 2011 at 19:41
245 posts

xbnkrbrkr posted:
    First Robot of three I now own. I refuse to trade any of them live and should I change my mind I would only open the smallest account and trade micro lots. I have lost my purchase $ and gained experience. Best that I can say about it so far. My experience with FAPT after looking at it for 6 months is the losses can be overpowering.

The logic of having large stop losses relative to take profit is IMHO insane. Think about it this way would you go to a casino and lay down 60 dollars to win 10. And let's face it trading is risky if you consider how many lose money trying it. So keep your bets relative to capital small so you can stay in the game.



  
 You want robot, you get robot, My advice to you is to stick with manual trading as i do, i have never use robot and not in a milllion years will i, cos i dont believe in it,the market is dynamic

Knowledge Is Power
xbnkrbrkr
Jan 12 2011 at 19:18
2 posts
First Robot of three I now own. I refuse to trade any of them live and should I change my mind I would only open the smallest account and trade micro lots. I have lost my purchase $ and gained experience. Best that I can say about it so far. My experience with FAPT after looking at it for 6 months is the losses can be overpowering.

The logic of having large stop losses relative to take profit is IMHO insane. Think about it this way would you go to a casino and lay down 60 dollars to win 10. And let's face it trading is risky if you consider how many lose money trying it. So keep your bets relative to capital small so you can stay in the game.


Khongwir Trading Services (khongwirfx)
Dec 31 2010 at 13:51
8 posts
Still waiting for a refund. Its cost me a lot. More losses than gains

Learn -> Trade -> Earn
erooja
Dec 24 2010 at 14:55
1 posts
guys quit relying on crutches and develop a system that works for YOU

FOREXabc (forexabc)
Nov 04 2010 at 11:17
7 posts
Anthony:

And you do think theese are good results?

Fap turbo has worked fine on back testing for us too, workd great on demo, but on live account we did not get the results.
What we have noticed (we test and create our own advisors) was that on demo it trades reasonably good, so decided to copy an accounto from demo to live. Results were much better (but not for scalping systems) as the spreads differ, and on scalping it is not effective at all.

However testing robots and creating our own ones has brought us different understanding. And since that day we do run robots but differentley. MM is the most important factor, and other things are just little bits and piecess of the puzzle.
I will explain: every robot will have DD, so will every trader, every system ETC. - We should not be looking for robot with best results there (and the one that gets 96%) accuracy in trading. Instead we should be looking ant the Money Managment.
MM is important (since we changed view on this) we have stopped looosing money !!!, than we have altered our view on this further, and now things are different.

You can make almost every robot, like every system work for you, if you use right MM.

If you listen to me, you will live like me, if i listen to you, i will live like you.
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