FAP Turbo Review
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| From The Trading Desk of: Chris Hawkins, Forex Trader Location: London, United Kingdom Product: Fap Turbo Review Date: Wednesday 17th of March 2010 Product Type: Automated Forex Robot & Expert Advisor |
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Thanks... Hello, firstly, I'd just like to pass on my personal thanks for dropping-by today. If you're considering getting your hands on Fap Turbo then I'm hoping that I can help point out a few things that you really need to know prior to parting with your hard-earned cash. Truth is, I've been quietly reviewing this software since it was launched but really I shouldn't really be disclosing this information to anyone. You see, I'm not allowed to disclose my opinions nor put my name to third party products, but in this case i've had to make an exception. Why, You're Asking! The reality is that my day job involves trading the foreign currency markets. That's right! I'm a real Forex trader - one of those guys that sits in front of several computer monitors all day everyday trying to make a buck out of the trials and tribulations that move the forex market. I split my time between London and New York working for a well-known international bank that I can't mention here. With the way the world economies are at present, the foreign exchange markets have recently witnessed considerable volatility. In any market, however, this type of market volatility can be highly profitable. In 16 Years of Trading I've Bought & Sold Everything
As a Forex market professional, I've dedicated my career to the financial markets and the companies I've worked for have done very well out of me as I've developed, tested and tweaked my own trading strategies over the last 16 years or so. In the past I've bought and sold everything - you name it, foreign currencies, commodities, stocks, futures, options - and I've had more up and down days than I care to remember.
You can say, therefore, that I understand the markets and I've looked at and used most types of trading systems since the very first day they hit the market. So What? Well, so what you ask? Without being too arrogant about it, I'm good at what I do and I can often make a turn in the market when my colleagues can't seem to do anything. That's because I have a clear strategy. That's the same thing that automated FX robots are built on. Some days, however, I can't help thinking it's time I hung up my trading floor boots to manage my trading full-time from home. In this day and age, and my colleagues will vouch for me, we are fully aware of the vulnerability of our positions when the bad times hit. Employment Threat in Banking & Finance Industries As many of you will already know, the banking and finance industry is often nothing more than a numbers game, no matter how good you are. As traders we are simply tradeable commodities whose costs can severely impact the bottom line of our employers. Get rid of 5 or 6 of us and our employers can save well over a million bucks every year or more. The Attraction of Trading From Home The benefits of working from home must appeal to everyone. I mean, I could spend more time with the kids (even the wife!), take them to school, pick them up, sleep longer, take the wife shopping (well...maybe!). We could even move abroad. Seemingly simply stuff really, but definitely things I've missed out on with my long commutes to the city everyday for the last 20 years or so. Crucially, then, if I could find the right FX trading platform to help me, I could trade on my own account, in my time from the relaxed surroundings of my home office! The challenge, however, would be to find an Forex trading system that I could trust so that once installed and running, I could set it and forget it.
How It Started? Ironically, I first heard about Fap Turbo from my dear friend Clive some months back. Now, Clive is a very prudent accountant - straight, sees things in black and white and knows more about saving tax than anyone I know. Clive, however, is a guy who absolutely hates risk. For him, investment is about putting your money on long-term deposit. He knows nothing about trading and thinks 'pips' are something you find in apples! You can imagine my surprise, therefore, when one day over a cold beer he began to quiz me about Metatrader Forex accounts and how he might get one. Clive and I go back 30 years from our college days and whilst very entertaining, he's largely predictable. To my knowledge he's never bought or sold stocks and shares, merely sold the ones that he has acquired by virtue of having accounts with institutions that later listed on the stockmarket. But why was Clive suddenly talking about acquiring his very own Forex trading facility? My best mate was suddenly on my territory!
There's risks to all sorts of investments and we all know how volatile virtually all markets have been in recent times. Clive didn't need a lesson in risk assessment or a reminder that the value of investments can rise as well as fall. What on earth had inspired Clive to even consider the prospect of placing his first Forex trade? Coming from Clive, I knew this had to be good! So-Called Novice Traders Making Money From Forex?
Somehow, Clive had come across a video testimonial somewhere on the internet of an ordinary guy who was using some sort of robotic forex software and was starting to make money. It was accompanied by some typically outlandish claims that I've seen countless times with forex software products.
Now, I've heard countless claims over the years but the one that got me is the one about turning your computer off and still being able to make money. That's a good one! I can honestly say I've never made money on a trade by turning my computers off! Unbelievably, Fap Turbo allows you to do just this as you can host your account on one of their private virtual servers.
As a good friend, I was obliged to inform Clive that this was just sales hype. People naturally take a semi-arrogant position in these situations and I put it to Clive politely that if he thought he could do what I do successfully without my experience, then quite honestly - well - he was simply dreaming! But, as Clive quietly informed me there was more than just one video testimonial. In fact, there were many. For sure, there were ordinary people out there, using this outrageously-named software product literally watching it make them money. Now I was intrigued.
I have to admit at first, I was struggling to get my head around some of this blatant sales hype! I mean, it was getting to sound like some glorified money-making scam, the sort of thing I used to associate with MLM marketing programs. But, surely, these seemingly sane individuals wouldn't put themselves on video and blatantly lie. Why would they? As professional foreign exchange traders we use computer systems day in day out. We make money with their help. In fact, we can't do without them. So, it started to dawn on me that it really wasn't that strange a concept that one day, the power of computing in the forex market might actually be made available to the average Jo in the street. Man, I guess I just had to see it for myself! |
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The FAP Turbo Robot & Expert Advisor!
What Can It Do For You?
As a full-time forex professional, I'm interested in the detail - the black and the white. Its' simple!
I had a whole bunch of questions that I wanted immediate and good answers to before I could be even remotely convinced.
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<< Get Started Right Now With The Fap Turbo >>
The first thing that struck me was just how much this software package actually offered for the money - that is, for novices, intermediates and even experts like me.
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The software we use on our trading floor costs thousands of bucks to develop and maintain. But the returns are worth it and the investment justifiable.
FAP Turbo isn't designed for trading floors but it is designed with you in mind - the average guy (or girl!).
And, wait for this, even more incredibly it seemed this automated fx machine was getting results similar and sometimes better than my own.
Did you read that right?
Yes, similar results AND SOMETIMES BETTER!
Like my experience counts for nothing!
Now, suddenly the FAP Turbo was starting to intrigue me!
#1: No Experience or Technical Knowledge Necessary
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When I think about how much studying I've done over years, the number of courses I've been on, the strategies I've tried and tested, I realise just how much knowledge and experience I've managed to accrue.
For those with some earlier trading experience, you'll be aware that making trades is more often than not a product of good timing and a clear system based upon technical indicators such as support and resistance levels, fibonacci sequences, moving average crossovers and the like.
You'll also know that the theory behind those indicators is one thing but the actual trade-winning application of them is another.
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The good news is that FAP Turbo takes the emotion and knowledge of technical analysis away.
In fact, you don't even need to know what a technical indicator is, let alone a moving average or a candlestick chart.
God, that takes me back.
All you have to do is install the software, decide on upon your preferred trading style and start practicing or properly trading.
That's right - start with absolutely nothing! Test it and see!
#2: Practice and Test To Start With - Prove It First
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Now, if you are just starting out in the world of Forex trading the option to practice, to test, to watch, to manage your risk, to learn is nothing short of fantastic.
Few people have got money to lose these days, especially the way things are at the moment in the developed world.
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Put simply, you can't lose money by practicing but you can learn.
And you can see 'what you would have gained or lost'. This possibility is priceless.
Forex traders do not have that luxury. We are under pressure to trade, to make money, to make returns, to perform, to hit targets.
You're not!
So take you're time and enjoy the education.
#3: No Intervention Required - Even Turn Your PC Off
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Now this bit is impressive. Ask any Forex trader in the world if he ever turned his computers off and then still managed to make a trade let alone a profitable one.
The guys at Fap Turbo offer you the chance to host your account with them. There's a small fee for that of course, but it does give you the advantage of being able to let the robot trade 24/7 should you desire!
Although the robot delivers an impressive ratio of winning trades, my advice is to trial the software on a demo account.
You do not need to intervene or do anything manually.
The only things you need to concern yourself with are your choice of currency pairs, your personal level of risk comfort and your trading style.
Fap Turbo offers 2 trading styles: long term and a 'scalping' mode.
Personally, I've had excellent successes with the 'scalping' trades as I'm in and out of the market alot quicker and the system seems to be consistently profitable.
As my personal trading style favours short-term movements, I haven't spent too much time playing or testing the longer term trades.
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I have to say, however, Fap Turbo got me into good trades at the right time - often earlier than if I was using my own tools.
As is to be expected, it also made the odd bad trade selection but with firm stop loss points, I never had to face the emotional choice to stay in 'just in case'.
You're out and you're out fast.
The old market adage holds true in forex - "the trend is your friend"!
Fap Turbo knows and accepts the fact that it is going to make bad decisions. It simply doesn't care.
It just gets on and makes the next trade - which is usually a more profitable one!
<< Get Started Right Now With The Fap Turbo >>
#4: Exceptional Ratio of Winning to Losing Trades
I won't go too much into this here as there are some very detailed live trading accounts on the Fap Turbo sales page..
I'll let you into a little secret though.
Successful forex trading for me has always been about finding a successful strategy.
It's never been about finding random trades or so-called market situations that 'look good'.
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Nor has it been about trying to time trades with anticipated economic indicators or what the Bank of England or Federal Reserve intend to do at their next interest rate review meetings.
No, forex trading is about finding a strategy at works.
But that's not all.
It's then about managing the profitability of your winning trades and minimizing the losses you make when things go wrong.
Something we refer to as 'risk management'.
This is what Fap Turbo does beautifully.
It doesn't allow you to make huge losses on poor trades unless you set your stop losses poorly.
It's uncannily good at identifying winning ones and running with them until it's time to close out at your prescribed profit-taking level.
It'll take you long or short (i.e. you buy or sell first) - it doesn't care.
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And it knows what day it is.
Interestingly, it doesn't like Fridays very much and sometimes doesn't place a single trade.
As professionals we know that's not a favourable day to open a new position as many traders are closing open trades to reduce their exposure at the weekends when they're not working.
When I saw that in action I knew the programmers knew what they were doing.
#5: Now 17 ,000 Other FAP Turbo Robot Users
I didn't even realise and was nothing short of amazed when I found out how many people around the world are successfully using this software.
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This must be one of the most popular automated forex products on the market and I can clearly see why.
There's all sorts of people from all walks of life, all sorts of nationalities who speak all sorts of languages.
There are beginners, there are amateurs, there are intermediates, there are pros - so many people using Fap Turbo and making it work for them.
Many have put down their testimonies and seem very convincing.
You can also read these and more like them on the Fap Turbo testimonials page - they're nothing to do with me.
Be sure to check out the video testimonials too. I'm always more impressed when are willing to put their faces out there. It's certainly a lot more convincing.
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I don't really need to add to much more to this section!
#5: 100% Money Back Guarantee For 60 Days
I don't know about you, but being a market-player for such a long time I'm well-acquainted with the concept of risk and what it means.
Even when someone promises me such an unbelievable deal and I can't believe it's true, the fact that they even offer you your money back is ultimately very persuasive.
And so it is with FAP Turbo. There is really nothing to lose.
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The best thing as well is that they are still offering this software at some 60% below the standard list price of $399.
Forgive me for using the phrase but it's a 'no-brainer'.
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That means for only $149 (approx. 100 UK Pounds or Euros), you get a chance to turn a low trading deposit into an insane amount in a short time.
Try it and if it's not for you, simply get your money back.
Make sure you check out some of the video testimonies on the next page.. You'll see very quickly that there's some shrewd individuals making some good money.
<< Download The Fap Turbo Now >>
Even More Possibilities
Although I've only discussed the above features and benefits that helped me reach a decision, there is a lot more in the Fap Turbo robot and expert advisor that I can't even begin to cover in this short review.
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Too Good To Be True? What's The Downside?
Going back to my dear old mate Clive, he'll echo my view that the Fap Turbo expert advisor is pretty close to the complete system.
He started off testing the system as he'd never commit any money without seeing some sort of hard evidence and has now been successfully using it for a few months.
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He's finally got his own Metatrader account and is due to start trading with real money soon.
Moreover, the software seems to have given him another interest and something new to learn. On top of that, he's hoping he can replicate the results from his demo account.
As you can see, FAP Turbo is clearly an excellent piece of software.
Hopefully, by reading everything I've written here you can appreciate and hopefully come to respect my opinion as an experienced forex market professional.
I can safely say the software has been clearly constructed upon some strong fundamental basics and is excellent in its 'robot-like' execution.
My duty, however, is to point out that the Fap Turbo does not - I repeat DOES NOT - get every trade right all of the time .
Some of the hype you might read clearly suggests to the novice that it does.
It doesn't!
I've never met another trader, nor used another expert advisor or software program that doesn't. It's an impossibility and I suggest you avoid those people who claim that Fap Turbo is the all-encompassing money-making panacea they want it to be.
They haven't tested it properly and probably have never placed a trade in their lives.
You've been warned.
So, What Does It Do?
As I briefly mentioned above the Fap Turbo offers two trading strategies: a long-term strategy on the 1-Minute EUR/USD and something called 'scalping mode' which forex veterans will know something about.
On our trading floor, my own personal strategy is very much aligned to the Fap Turbo 'scalping' strategy.
Basically, the system looks for opportunities to 'scalp' either the USD/CAD, EUR/CHF, GBP/CHF, and EUR/GBP. This means the software aims to open a trade, take advantage of a small, but profitable movement (what we refer to as 'pips') and close quickly.
Do this consistently, that is 'scalp' the market by small amounts multiple times, and your P & L starts to look very healthy indeed .
Take it from me, the evidence suggests that the FAP Turbo 'scalping' strategy has an uncanny habit of getting it right!
You can define your risk tolerance and the number of 'pips' permitted before closing a losing trade, so risk management is nicely taken care of.
The beauty of the system is that it gets it right a fair amount of the time.
That for me is the power of Fap Turbo.
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Get These Anywhere Else
I like to think I'm a good guy and I would hate to think of anyone losing money on my account.
You may well find the Fap Turbo expert advisor elsewhere, but as a thank you for taking the time to learn a bit about me and for reading this review, I'm offering you an exclusive bonus that you can't get anywhere else.
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