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FAP Turbo
was launched on November 25, 2008
with a lot of buzz and fanfare. Thousands of
copies were sold on the very first day
of launch. Why all the hype? The answer to
this is simple - FAP Turbo is different
than all the other forex robots available on
the market. But the most important question is,
"Does it work?"
You bet it does.
Its objective is to provide a solution for
people who want to trade the forex market with
no human intervention, i.e. using software to
automate the task. It’s extremely simple as
well; all you need to be able to do is
download a simple file.
It was designed so for users that have
absolutely no experience or knowledge of forex
trading. The developer has made sure that the
only thing the user needs to know is how to
download a file, and from that point on,
everything is automatic.
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So let's take a closer look at why FAP Turbo is, in
our opinion, the best choice this year for a profitable
forex trading system...
FAP Turbo Rating:
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Our Rating
Methodology
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Overall Rating
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How We Conduct Our
Research
We determine our
rating score by gathering
and comparing at least 10
unbiased and unsolicited customer
reviews of the
product. These reviews are
also supplemented with posts
on message boards, blog comments
and related social media sites.
Opinions are only analyzed if
the author is unbiased and was
not influenced by a monetary
incentive.
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What FAP Turbo Claims To Do:
FAP Turbo was created by 3
extremely talented IT students named Steve, Mike and Ulrich.
The developer took Marcus B. Leary’s initial advice and
software code, and reworked it into a totally different and
much more powerful profit creating product, with a PERFECT
anti-loss mechanic that has never before been seen in another
forex robot.
FAP Turbo has two built-in
strategies:
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A Short Term Scalping Strategy
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A Long Term Advanced FAP Strategy
Each strategy is designed for its own timeframe and currency
pair. For example, the long term strategy works only with
EUR/USD M1. The scalping short term strategy works with 4
pairs – EUR/GBP, GBP/CHF, EUR/CHF, and USD/CAD, in a M15
timeframe.
You can find the full details of each strategy and their
parameters in the FAP Turbo
guide and the video tutorials (the videos
are actually very well done). The built in strategies are based
100% on mechanical rules. The rules are also 100% objective and
have been backtested to verify they produce a profit for a
specific period of time. Furthermore, the developer provides
proof that it works during live trading.
Best of all, it is designed for everyone, including
beginners and intermediate forex
traders, so you won't need to be a technical
expert to figure things out. You will also need a MetaTrader 4
broker and they recommend ForexMeta.com.
As for results you are supposed to expect, this video will
explain:
But how does the system measure up to the
hype?
What FAP Turbo
Actually Does:
I tested FAP
Turbo for a week, and I am
convinced that this system is better than the Forex
Autopilot System (FAPS). The product makes trading safer
and in the long run will be more
profitable.
Both the short and long term strategies of FAP
Turbo were very successful. The short term strategy
hardly ever makes a losing trade, and when it does the
losses are very small. The long term strategy creates
much larger profits than the original Forex Autopilot,
but is also safer because of the fixed stop-loss
parameter and improved trade filters.
In the first 24 hours of trading in my demo
account, the FAP Turbo system made more than 500 pips of
profit, and increased my $5000 demo account to $6077.
This is an unbelievable result for the
first day and I am looking forward to seeing how it will
perform over the next month or so.
So, it looks like people actually can and do
make money with FAP Turbo. However, there are also people
(like myself) who have lost money with it on certain
trades. The best ways to minimize your losses are the
following:
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Make Sure You Choose The
Right Broker
It is absolutely imperative that you choose a
broker that offers a spread of 5 or less on EUR/GBP
between the hours of 21:00 and 01:00 GMT. This is
critical to the success of FAP Turbo and the main
reason why some of my trades lost money. Interbank
FX has a spread of 7-12 on EUR/GBP at the moment,
and since I grew impatient, I allowed the system to
automatically trade under these conditions, which
resulted in unnecessary losses. A few brokers that
are FAP Turbo friendly at the moment are
Easy
Forex, etc.
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Use a VPS
Even though a VPS (Virtual Private Server) costs
money, it is an important thing to consider when
trading forex with a live account. I have lost
quite a bit of money due to random power failures
and reboots, and I now firmly believe that a VPS is
a key component when it comes to minimizing one’s
risk, especially if you live in a country that has
unreliable power and internet
infrastructure.
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Evaluate Market
Sentiment
FAP
Turbo is an automated system
that you can run 24/7, but sometimes it’s just
better to turn it off under certain trading
conditions. The system performs extremely well
under narrow, ranging type conditions, so if the
markets are highly volatile with large price
fluctuations, it’s safer to put everything on hold
and wait until the next day. I would also recommend
not to trade during days when big news
announcements come out. Properly judging market
sentiment is discussed in great detail on the
FAP
Turbo member forums.
Conclusion: Overall, FAP Turbo is the
best forex trading system available, and when used
properly, the most profitable. I’m not
sure if the current price of FAP Turbo will increase or
if they will only sell limited copies, so if you’re
interested in getting started I suggest checking it out
as soon as possible.
With a 60 day money
back guarantee and all of the instructional videos
that FAP Turbo offers, this is a product you should
try.
You can get your own copy of FAP Turbo
by going here - or by
clicking the picture below...

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