HomeI have been trying to find something wrong with FAPturbo, and so far I have been unsuccessful. I know that some people have a drawdown and have been bummed out about that, but I had some in drawdown too and so far every trade has closed profitable.
The other problem people mention is that they aren't making any trades. I have mentioned this before, but the manual states that it may take a few days for FAPturbo to start trading... unless it was not set up properly.
My current demo account is up to $3,745.28 USD (on a $3,000 account) after less than a week. That is 24.8%! And to think that I was satisfied with Wachovia's puny interest on my savings account! Most people I know would be happy with a 10% increase a year! Especially in this economy...so, how about almost 25% in a week?
Needless to say, I am ready to go live. So, once my account is trading I will keep you posted.
In the meantime, a friend of mine went ahead and took the plunge with a live account. Here are the results on a $2,200 USD account with REAL money:
2008.11.26 22:00 buy 0.10 eurgbp 10.73
2008.11.26 22:49 sell 0.10 eurgbp 9.21
2008.11.26 23:13 buy 0.10 eurgbp 12.26
2008.11.27 00:02 buy 0.10 eurgbp 12.26
2008.11.27 00:13 buy 0.10 eurgbp 7.66
2008.11.27 01:25 sell 0.20 eurgbp 12.27
That is 2.9% with 6 trades on 1 pair in only 2 days last week. Not too shabby!
I have been very surprised with the accuracy of FAPturbo! It is very nice to not have to watch trading screens 24 hours per day, like you would need to do if you were trading manually.
