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Fap Turbo - 40 Day Test Trial Overview

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By Fap Turbo

I am a software architect, so I design and build software. Software like Fap Turbo makes me skeptical about its success, but also intrigues me. To cut a long story short, I purchased Fap Turbo (Clickbank offers 2 months money back guarantee, so my money was safe), installed on my server, launched a blog Fap Turbo Scam Proof and started trailing this Forex Robot and blogging my results and experiences daily in the blog.

Now we are during the 40th day of this challenge and would like to document my experience with Fap Turbo during these 40 days.

Fap Turbo - What I don't like

1) Website is typical affiliate marketer landing page.

2) No software can match the skill and mind frame of a skilled forex trader especially if it only costs $149.

3) 'Live' Results published on their site, if you add the totals, the totals DO NOT MATCH. So the results are not live at all but are manually added. I have a post on my blog with screenshots, but probably after seeing my post they fixed the totals. But TOOOOOO Late...

Fap Turbo Type of Trades

Fap Turbo Forex Robot comes with a number customisable setting.  Also Fap Turbo can trade in two ways - Scalping mode trades and Long Term trades.

Let’s see the performance of each type of trade.

Fap Turbo Long Term Trades

Fap Turbo performance in Long term trades did not perform so well.  In two trades Fap Turbo lost -$1000.  It did some successful trades, but is not something to be trusted with.  Of course I am not trading with live money but only demo account.  So in long term trades, Fap Turbo failed.

Fap Turbo Scalping Mode Trades

In these kind of trades, Fap Turbo was pretty much successful. It has recovered the $1000 losses and so far it is around $150 in profit - demo account of course.  Other people that I have spoken with and are trading only scalping mode are actually making profits as well. So scalping mode Fap Turbo so far is successful.


Other Concerns

These the current concerns that Fap Turbo customers and I have about Fap Turbo.

1) Since early January, the spreads have widened to the extent that we had to increase the risk involved during trading, so as Fap Turbo can perform any trades, successful or not.  However in all my trades scalping mode, losses were minimal.  Whether the spreads have widened due to the current economical disaster or the brokers themselves have widened the spreads when Fap Turbo trades is a question that it is yet to be answered.

2) The selection of the Forex Broker is of utmost importance and as yet there are different opinions of which one to select and trust your real money with.  There is no clear cut broker; for every recommended broker there are Fap Turbo traders that had some kind of bad experience with them.  Thus selecting a broker is kind of a gamble.

3) Live quotes are different from Demo quotes, thus even though you can be successful in a demo account; you can lose money in live accounts since the spreads are different.

4) Some traders are saying that brokers can or are banning Fap Turbo traders, thus there is no guarantee that the money you have earned can be withdrawn with no hassle.  Probably you also lose the deposited amount, since brokers can invent all kind of excuses to ‘steal’ your money.

These are some of the questions that are yet to be answered, even though I have been trailing Fap Turbo for 40 days.  My bet that I won’t go live with Fap Turbo because of the concerns just explained.

So can earn earn money in Forex?

For sure you need to know at least the basics of Forex to start using Fap Turbo.  They say that a complete beginner can use Fap Turbo.   I say that you need to know the basics and follow daily news, economy news etc that may effect the qoutes thus you stop Fap Turbo from trading during these kind of days where the qoutes can go up and down ike crazy. Although of course these are the kind of situations that day traders want - but Fap Turbo is a robot, is not a skilled day trader.

However, at the end of the day, you can really earn a living by Forex trading, but you need to have proper education. You need to become safe, disciplined and a successful Forex trader. This is the only way to make it.

 

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powerpages profile image

powerpages  says:
5 months ago

I agree, have a look at this page where you can learn about forex courses: http://www.forexincomeenginereviews.net

pavan kalyan  says:
5 months ago

Do you Know? Fap turbo’s new edition is releasing on june 30 2009 ,it is fap turbo swiss ” as accurate as swiss watch!”

Source : http://fapturboswissedition.blogspot.com/

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