FAP Turbo Reviewed – FAB Turbo Or SCAM Turbo
Hank E asked:
So it’s the end of another weeks trading for FAP Turbo. How well is it performing, is it as fab as they say or is it a scam after all? This article will take a look at the EA’s trading performance over the last month and a half. You may want to skip the next two paragraphs if you already are familiar with FAP Turbo.
What Is Forex
Forex (ForEx, FX or foreign exchange,) is the term associated with trading the currency markets. The foreign exchange, market is where currency trading takes place. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another.
What Is FAP Turbo
For those of you who don’t know what FAP Turbo is, it’s a Metatrader 4 forex expert advisor (EA). This EA can also be referred to as a forex robot. You attach it to a chart within Metatrader 4 and leave it to do its business. Its business is to automate all trading for you, opening and closing trades etc. This leaves you the time to do other things. It also means you don’t need to know anything about trading and especially forex. It’s been developed by three geeks called Steve Mike and Ulrich.
The Beginning
I was as skeptical as the next person about this EA, especially with all the hype and marketing surrounding the product. It just had that uneasy scam like feel to it. Now I was made redundant just before Christmas and have been trying this whole working from home venture. So, I’ve been feeling spontaneous. I read all about the 60 day money back guarantee and I felt I had nothing much to lose. I proceeded to test the EA on my brokers demo account and it looked to be working. I then went live on the 5th Jan 09 with £500 capital.
Half Way Through
It’s now Mon 19th Jan. Trading has just started and I’m up about £140. Not amazing by any means, but still not too shabby. If their had been any day where I thought “oh no!”, it was on this day. Financial markets crashed in the UK making the EUR currency sore against the GBP sterling. I ignored the news and let the EA trade. By the following day I was down some £250. I thought it was all too good to be true and the FAP Turbo forum was out on the rampage. However FAP Turbo came back and by the end of Jan 09 I was up again. What a come back if you ask me.
Where We Are Now?
I’m amazed at how well FAP Turbo has performed on such a small start up capital. I made £555.93 in 8 day trading from Feb 2nd 09. This was with medium risk settings. If FAP Turbo continues like this it will easily double my money this month.
Conclusion
This EA – FAP Turbo, is certainly no scam. Their customer support is pretty good and the forum has tons of information as to getting started and lots more information such as peoples strategies etc. This EA is making me money!
I’m very excited to see where this EA takes me. Stay tuned for further updates as i continue my journey with FAP Turbo.
So it’s the end of another weeks trading for FAP Turbo. How well is it performing, is it as fab as they say or is it a scam after all? This article will take a look at the EA’s trading performance over the last month and a half. You may want to skip the next two paragraphs if you already are familiar with FAP Turbo.
What Is Forex
Forex (ForEx, FX or foreign exchange,) is the term associated with trading the currency markets. The foreign exchange, market is where currency trading takes place. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another.
What Is FAP Turbo
For those of you who don’t know what FAP Turbo is, it’s a Metatrader 4 forex expert advisor (EA). This EA can also be referred to as a forex robot. You attach it to a chart within Metatrader 4 and leave it to do its business. Its business is to automate all trading for you, opening and closing trades etc. This leaves you the time to do other things. It also means you don’t need to know anything about trading and especially forex. It’s been developed by three geeks called Steve Mike and Ulrich.
The Beginning
I was as skeptical as the next person about this EA, especially with all the hype and marketing surrounding the product. It just had that uneasy scam like feel to it. Now I was made redundant just before Christmas and have been trying this whole working from home venture. So, I’ve been feeling spontaneous. I read all about the 60 day money back guarantee and I felt I had nothing much to lose. I proceeded to test the EA on my brokers demo account and it looked to be working. I then went live on the 5th Jan 09 with £500 capital.
Half Way Through
It’s now Mon 19th Jan. Trading has just started and I’m up about £140. Not amazing by any means, but still not too shabby. If their had been any day where I thought “oh no!”, it was on this day. Financial markets crashed in the UK making the EUR currency sore against the GBP sterling. I ignored the news and let the EA trade. By the following day I was down some £250. I thought it was all too good to be true and the FAP Turbo forum was out on the rampage. However FAP Turbo came back and by the end of Jan 09 I was up again. What a come back if you ask me.
Where We Are Now?
I’m amazed at how well FAP Turbo has performed on such a small start up capital. I made £555.93 in 8 day trading from Feb 2nd 09. This was with medium risk settings. If FAP Turbo continues like this it will easily double my money this month.
Conclusion
This EA – FAP Turbo, is certainly no scam. Their customer support is pretty good and the forum has tons of information as to getting started and lots more information such as peoples strategies etc. This EA is making me money!
I’m very excited to see where this EA takes me. Stay tuned for further updates as i continue my journey with FAP Turbo.
November 15th, 2009 | FapTurbo News
