Fap Turbo was presented on 11/28/08 and there was so much buzz surrounding the product launch that countless copies were distributed on the 1st day. How come all of the hype? Due to the fact Fap Turbo is completely different to all or any other Forex trading software commonly accessible ın the marketplace today, it’s as simple as that. Does Fap Turbo actually perform ? The quick reply to this is yes, it does work plus it may possibly become quite profitable, if you use it the right way. What is unique about Fap Turbo? To begin with, the Fap Turbo designers use actual live trading in order to prove that their method works and you can see the system trade in real time on their website. A large amount of other products use backtesting reviews, that might possibly be faked and may be very different to live trading results, but the Fap Turbo inventors have got so much faith in the product, that they submit their own live accounts directly on the Fap Turbo home page for every person to observe. Live trading is actually executed on the Fap Turbo Homepage in a small ($370), medium ($2500) and large ($10,000) live account. Subsequently, Fap Turbo provides remedies to issues which might be present with other Forex software out there. The most common complications tend to be that no stop losses are applied and that high-risk buying and selling strategies like Martingale are used to generate high success rates. These two methods lead to high drawdowns which could sooner or later eliminate your total account after a large losing streak. In contrast, Fap Turbo offers you lower drawdowns, a fixed stop loss strategy for not quite so damaging trading and many brand-new capabilities which haven’t been observed before inside the Forex robot market. * The Short Term Trading Strategy The short term trading strategy of Fap Turbo utilizes a very lucrative scalping strategy that trades 4 of the main currency pairs within the 15 minute time frame. It is extremely significant to remember that this isn’t the kind of scalping procedure that brokers loathe..it performs only 1 to five deals each day with incredibly rigorous money management. The Short Term method really has a lot of intelligence built in along with various filters are utilized to make sure that just the most suitable deals are considered. One of the best popular features of this system may be the so called “Stealth Mode”, which introduces false stop loss and take income targets in order to hide the true values from brokers..a perfect way to avoid turning into a target of such things as stop hunting and various other questionable broker procedures. * The Long Term Trading Strategy The long-term trading strategy is pretty simply an edited and improved upon version of Forex Autopilot. The Fap Turbo developers were given permission by Marcus Leary to regulate the Forex Autopilot code to see if they could tackle the disadvantages and sell it as another product. What they delivered is a program that’s considerably more secure and more successful than the basic Forex Autopilot. A set stop loss tactic was set up to be able to minimize drawdowns, bigger profits are obtained from successful trades and a multitude of filters and indicators were incorporated in order to steer clear of trading during high risk and erratic times. * Documentation and Training One thing I discovered immediately is that the Fap Turbo documentation and training components are much more in depth than the ones you get with some other Forex trading robots such as Forex Autopilot. All setting are discussed in some depth within the guides, even ones its not necessary to alter and there are video tutorials in the member area to show you precisely how to set up the Fap Turbo bots on your personal computer. * Member Forum Yet another thing that Fap Turbo has that you just will not obtain with many Forex robots is a member discussion board (mainly for the reason that many Fx robots don’t work and the designers don’t want consumers to talk about the product). Within your order you also receive total use of the private Fap Turbo member forum, and also the widespread regular mentoring sessions. Is Fap Turbo Profitable? The short and long term strategies of Fap Turbo have been extremely successful thus far. The short term strategy seldom produces any losing trade and whenever it does the losses tend to be small. The long term strategy makes considerably bigger gains than the original Forex Autopilot, but can be more secure because of the fixed stop loss parameter as well as improved trade filters. I screened Fap Turbo in a trial account for two weeks and the results were as follows. My personal $5000 demonstration account has almost doubled to $9466 in the two week test period. A net profit of 1818 pips were attained, composed of 1468 pips by the long term strategy and also 350 pips from the short term strategy. At first glance the long term strategy of Fap Turbo would seem much more lucrative, however you should observe that the short term strategy is extremely secure and incorporates a high success rate, therefore it’s an infinitely more conservative strategy. The long term strategy of Fap Turbo provides greater profits, but also bigger drawdowns and ultimately exposes more risk. The two strategies possess a success rate of roughly 92% so far and there have merely been 7 losing trades from a total of 91.
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