How to be profitable with FAP Turbo

Douglas · 03-23-2009, 09:49 PM

It seems like many people are losing money with FAP Turbo. I did too at first, but I think I have “cracked the code” now, its all about selecting the right broker and having the right settings and trading the right pairs.

I found this blog, FAP Turbo Guide which has been very useful to me. They publish stats for several live- and demo accounts and seem to be doing quite good. And they share the best settings too.

Has anyone else been able to check this out?

//Doug

Yoohan · 03-27-2009, 09:20 AM

Check out the analyis of Donnaforex live account with Alpari using FAP Turbo at FAP Turbo Guide - getting the most of automated forex trading

Quite interesting conclusions

//Yoohan

telingfinancial.com · 04-02-2009, 08:01 AM

Has anybody used this strategy in real accoun. How is it?

Douglas · 04-17-2009, 08:47 PM

There is now a new post on Fapturboguide on settings for FAP Turbo.

If you are interested in the recommended settings please check this blog:

Fapturboguide.blogspot.com

Douglas · 05-06-2009, 10:55 AM

I have now submitted a new post on the performance of Megadroid and FAP Turbo on my blog:
FAP Turbo Guide - getting the most of automated forex trading

Overall April was a very good month with 36% growth on my live account. The latest settings seem to work out very well. Check out the blog for details.

/Doug

Douglas · 05-12-2009, 02:50 PM

Im now running FAP Turbo and Megadroid on 3 live accounts. The latest is FXCBS, which seem to work very well. They have very low spreads.

Mt4Stats account statements is available at the blog:

FAP Turbo Guide - getting the most of automated forex trading

Im so confident of these robots that I have now added another USD3000 on the Alpari Live Account 1 and deposited USD2000 on the FXCBS account.

MyaNyx · 05-29-2009, 05:00 AM

One thing i dislike about FAPTurbo is that it blows my account when it hits stoploss, especially in EurGbp, it pains and almost cost half of my account.

bob380 · 08-22-2009, 09:45 PM

thing is that we are now with 30.000+ users using fapturbo, and i think this will have an impact on how good the performance of the EA is.
The minimum is you need a broker with LOW spreads. ALPARI UK was doing ok, further do NOT overtrade (the biggest mistake people make. slow wins the race)
besides this i learned the basics on babypips and think i am lucky i found kreslik.com (trading manually now, but profitable)
further i am monthly getting rebates paid to my paypal account by : CashBackForex: Highest Forex Rebates