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Monday, November 8, 2010

I think I like the idea of this for Xmas


1. Why am I reviewing Fap Turbo- hmmm, get a job or have a tool work for me making money - "Win-Win using Stop Loss method."

How many people know about or really like using automated forex trading software or platforms or have ever needed an expert financial advisor for trading, or even a trading account at no risk using stop loss to make consistently 300%-200% every week. So by letting Fapturbo trade a small ZERO to low risk investment you can earn (SUCH AS $250) every trade. Perhaps very risky (not) in my opinion however this robot kept pumping out high returns based on others reviews. This most of all interests me to try Fapturbo since I could use it to trade a small portion of my money even if I can't really afford to lose, but with this I can double it or more. So is it better to let you $ sit in a bank account earning a low return for you instead of using it like your bank probably does daily to make massive profits. Is it better to leave it lying there, perhaps? True enough, its proven to work reasonably well but my risk-loss setting will initially be very conservative at 10%. I will be only averaging 5%-20% growth on my 5% capital allocated based on what others have earned. Anyway by using the stop-loss method anyone risk is minimal - if any at all, you can check it by seeing the FapTurbo Factsheet for more details

2. The Uniqueness
Unique Short-Term Scalping strategy
This is the main difference why this software has become more recently the top selling forex trading robot through Clickbank. FapTurbo has a high trading frequency through scalping for quick pips (this is your earnings) whenever it can. Combined with a tight stop loss (better than ride lose), your account can be multiplied faster over time with the amount of risk you can choose. That is why some of the users' account can multiply 2-3X in a week. It does depend on favorable trend though and what you can or can't afford to risk.
Scalping Multiple Currencies
Fap Turbo monitors 5 currencies and uses the scalping method to trade all of them simultaneously. They are EUR-CHF, GBP-CHF, EUR-GBP, USD-CAD, EUR-USD.
Safe Filters to Restrict Big Losses
Have you had your account burned out by a forex robot before? The reasons were the big stoploss parameters. All of them have around 300-500 pips for stoploss! Its no wonder most of them were found out after the trend changes. The earlier profits were wiped out and those who compounded lost everything.
This is one of the most important parameter any automated forex trading software must have. A stoploss that aligns with the risk/reward ratio or winning rate.
Fapturbo has this built in safe-filters to take multiple small possible fixed losses compared to most system that uses huge stop-losses
A Stealth Mode Operation included.
Brokers like to increase spreads and hunt stops on accounts using forex trading robots, it doesn't help when most forex robots trade like one. Fapturbo uses a stealth mode of operation that hides the profit and stop-loss values from brokers.
Very favorable comments from other users are everywhere on the net
FapTurbo is the most popular forex robot with up to date users. It is able to multiply accounts quicker and take in smaller losses that won't wipe out your account in 1 day!

CHECK USER REVIEWS HERE

3. Benefits with FapTurbo

You can multiply your account faster with short term scalping
This was the main reason why I will be using Fap Turbo into the New Year. I always thought forex robots should be doing scalping and multiplying small accounts during favorable trends.
Note that I say that small accounts not your main trading capital. With compounding, you could really rake up some decent money gains if not overnight with only your risk money at 100% max, not to mention that it can trade 5 currencies at a single time! Your trading capital is always protected with small fixed stop - losses, and this feature is massive and is what makes Fapturbo works for you harder and long term. Realistically, any software cannot cope with all kinds of market conditions, therefore, it must take losses whenever it is wrong which will help to preserve our earlier profits anyway; this is one area that the predecessor, Forex Autopilot failed to obey. You will be using a tried and test trading strategy that has been working for over 9 years as well...
Ok , backtests do not mean everything but at least you have a clue on the profitability and winning rate. FapTurbo scores a 5000%+ net profit with 96% winning rate, these are much better odds than spending money on a lottery ticket and face it most people don't ever win from buying one. If the trading strategies inside its expert advisor are no good, it won't ever be profitable no matter how good the software maybe.
Your account is least likely to be flagged by brokers
Another think to think on is that shady brokers do not like automated trading softwares. So there is every chance that they will sabotage your trading results with stoploss hunting or by even banning your account/s. Thats why Fapturbo employs a stealth mode operation to escape detection by most brokers.
You are getting a upgraded version over Forex AutoPilot
Forex AutoPilot made a lot of money in the early days when market was trending big and thats when it was in whats called a Boom Phase - It then came crashing down with its big stoploss when the currencys turned into a Bust Phase. Forex Autopilot wiped away all the earlier profits with a single 500 pips stoploss.
(for those who compounded and risked everything)

The goal of Fapturbo has been to improve the weaknesses of its predecessors.


4. What I don't like ? (The Cons)

Each license copy is fixed to 1 broker
As each copy is tagged to your metatrader ID, you cannot change your broker once you have activated your copy. It will only work with a 1 broker platform. This means that you have to buy a new copy if you wish to use the software with another broker or online trading account so if you go ahead do your research and choose wisely.
FapTurbo does not trade on Friday
It is true that Friday can be a strange and slow day occassionally. That is why most traders would advise you to stay away. I personally feel you can be missing a lot of good trades.
There are certain session you can trade with high probability. This is due to profit-taking and indecisive nature near the end of any week. This is especially true at the end of US trading session. FAQ User Guide on Fap Turbo .

5. Users' comments about Fap Turbo

The users are quite excited over the quick profits that this robot is good at creating, and the typical trader loves to see many trades opening in a single day. So Fapturbo kinda scratched the itch of most peoples gambling mentality.
The general complaints or feedback are the licensing policy mentioned above. However some of these users have been using shady brokers who banned accounts or that try to sabotage the trades made with Fapturbo. Brokers generally do not like popular automated forex trading software especially when they get profitable, because eventually these will do them out of a job
So you must, I repeat must open accounts with the reputable brokers like InterbankFX, Alpari, FXDD, FXCM, Forexmeta to avoid such problems if your in the US.