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I’m sure that there are some of you who are wondering how my FAP Turbo trading is doing. As you can probably tell by the title of this post, I have stopped trading FAP Turbo. This is mostly because I know that I can now trade better than FAP Turbo and I understand my [...] Hello everyone, As you can see, I have been slacking big time on the FAP Turbo review stuff, but I want to get back on track this week. If you don’t know, we have been using this forex autotrader to handle a real money account. A autotrader is a program that integrates with the MetaTrader 4 trading software package and places trades automatically so you don’t have to be at the computer. You just have to leave your computer on all day so that FAP Turbo can do it’s thing. In my last post, I mentioned that we will stop trading FAP Turbo in a demo account and start trading with live money. Well, we really did deposit $8,000 and have started trading it using this system. We have been able to withdraw money from the account in June and July but… Click here to continue reading FAP Turbo Review Real Money Results Weeks 1-14 >>  Click above for larger image There are people claiming fantastic things about automated forex robots but the bottom line is: Are they actually getting checks?Above is my first check from my account trading the FAP Turbo automated forex system. I don’t have to do anything with this system. I just make sure that my computer stays on all day and that my Metatrader program is running…that’s it. If you want to see the actual trading results, look under the “Systems Testing” category or search for FAP Turbo in the search box. First of all, I didn’t think that this software would actually work. Their website was pretty cheesy and I wrote it off as a scam. However, I began hearing things from different people about how well it was working so I decided to try it out. If nothing else, it would be a good publicity stunt for my blog. Fast forward to today and I am actually able to pull profit out of the account without touching the original deposit. Now a few words to the wise based on my experience with this system so far: Click here to continue reading My First Check From The Forex Autotrader >> For those of you who just joined us, FAP Turbo is an automated trading program that executes trades for you 24/7 based on a proprietary mechanical trading system, regardless of if you are at your computer or not. I personally did not think it would work when I first started testing, not being in control is a pretty scary thought. But so far it has done very well. I have been testing it for 12 weeks and this is the last week. OK, this is not the last, last, FAP Turbo review but it will be the last review where I post results from the $100,000 demo account.
That’s right, I have just deposited $8,000 of real money into an Alpari-US account and will be using FAP Turbo with it. I will post actual statements in addition to my spreadsheet with the statistics for the week. Anyway, on to the results from week 12. Click here to see the actual trades from week 12. EURCHF This pair did all the heavy lifting this week, pulling out 89.9% winners for a total of $1,85.33. It really performs well in low volitility markets. EURGBP No trades again. Let’s hope that the vol picks up again so this pair starts trading again. Conclusion FAP Turbo had another great week, making a total of $1,185.33 in the demo account. Overall, the $100,000 demo account is up $18,401.94 for a total of 18.4% over 3 months. There have been some concerns that FAP Turbo does not live up to the claims on their website. This is true, according to my testing, you are NOT going to double your account every month. If you believe that, I have a bridge and some Bob Marley concert tickets to sell you. However, my testing has shown that you could possibly make 5% per month. You are probably thinking to yourself, a measly 5% per month? Well, look at it this way…when was the last time you made 5% a YEAR at the bank? 5% per MONTH is 60% per year! Don’t get me wrong, the bank is a thousand times safer than using a mechanical trading system but I remain cautiously optimistic that this system will provide a reasonable rate of return over the long haul. Here are the results from previous weeks: Click here to continue reading The Last FAP Turbo Review – Week 12 >> FAP Turbo squeaked out a profitable week this week with very small swings in account equity. EURCHF This pair won 60% of the time for a total of $144.09 in banked profit in the demo account. EURGBP Low volatility continues to hinder this pair as it only had one trade for a loss of $131.80. Conclusion FAP Turbo only made $12.29 but I’ll take that over losing any day of the week. The account is still up 17.2% over the past 11 weeks. Click here to see the actual trades. Here are the results from previous weeks:
You can try FAP Turbo risk free. Click here to download it immediately for only $149 with a 60-day money back guarantee (see site for details). As you can see, our demo account has made up this cost many times over. I just have to mention that opening an personal account with Alpari-US was a breeze but opening a corporate account is a pain in the ass. I must admit that my paperwork is a little different than most but that is no excuse for their compliance office to be doing what they are doing. If they didn’t work so well with FAP Turbo, I think I would be seriously thinking about changing brokers for this corporate account. Click here to continue reading Another Passive Income Week 11 For FAP Turbo >> FAP Turbo continues to grind away consistently with another winning week. It wasn’t the most spectacular week, but it was a winning week. That is music to my ears. EURCHF Euro-Swissy went 5 for 7 this week with a totalof $838.08 in winnings in the demo account. It didn’t do any blowup trades this week and was very consistent. EURGBP No trades in this pair again. The lower volatility is keeping the spreads high and is preventing this pair from being traded. Conclusion Not much more I can say here, FAP Turbo keeps making money. The account is now up a grand total of 17.2% over 10 weeks. Click here to see the actual trades. Here are the results from previous weeks:
You can try FAP Turbo risk free. Click here to download it immediately for only $149 with a 60-day money back guarantee (see site for details). As you can see, our demo account has made up this cost many times over. I have my personal real money account funded with Alpari-US but I need to get FAP Turbo to release my license on the closed IBFX account before I can use it with Alpari. I’m also trying to get a corporate account funded so I can trade real money in my LLC. I’ll keep you updated. Click here to continue reading FAP Turbo Review – Week 10 >> So here we are in week 9 and FAP Turbo is still holding up. I have had only one losing week in this demo account in the past 8 weeks, which is pretty damn impressive. The beauty of this is that all I have to do is make sure that my computer stays on and FAP Turbo does the rest. I still want to learn to be a successful trader on my own, but using FAP Turbo is a pretty fun side venture. EURCHF This pair had another great week, contributing $1,136.94 to the bottom line. Going 5 for 6 in winning trades and one breakeven (which is a winner in my book). EURGBP Only one trade this week and it is a loser. Like the EURGBP has done in the past, it only lost a small amount…$124.84 in this case. Conclusion Another killer week for FAP Turbo, making a total of $1,012.10 in the demo account. That puts it up a grand total of $16,366.24 or 16.4% for the past 9 weeks. Click here to see the trades from Week 9. Here are the results from previous weeks:
You can try FAP Turbo risk free. Click here to download it immediately for only $149 with a 60-day money back guarantee (see site for details). As you can see, our demo account has made up this cost many times over. It seems like the EURCHF is picking up the slack for the EURGBP so my initial thought to stop trading the EURCHF was probably hasty. Click here to continue reading FAP Turbo Review – Week 9 >> I’ve been slacking on the FAP Turbo updates, I apologize. Week 7 saw FAP Turbo’s first loss. It was expected as no system is 100% foolproof. However, the loss was tiny and the account still remains very profitable. EURCHF In characteristic style, Click here to continue reading FAP Turbo Review – Week 7 >>  Still profitable! The FAP Turbo forex autotrader had another good week. I’m still tracking the EURCHF and EURGBP currency pairs. For those of you who just tuned in, I’m using the default settings on these pairs. I’m using Alpari-US as my broker and trading a $100,000 demo account. Some people around the internet try to tweak the FAP Turbo settings, but I think that defeats the purpose. Here are the results… Click here to continue reading FAP Turbo Review – Week 6 >> |
 
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