FAPTURBO now has over 25,000 trades. Being one of the paid member myself, questions and concerns were raised regarding its profitability with such a large user base.
Here are the latest updates:
It appeared that Interbank FX has problems pulling trough FAPTURBO trades and had already promised to add more facilities to increase the trade capability.
Custom FAPTURBO versions are being worked on to fit special brokerages needs... and lower spread dependence. In future, this will allow users to use the fapturbo success formula even outside the Metatrader 4 platform.
Below you will find the two latest PDF reports (real money trading only):
Report one, fapturboresults.pdf
Report two, 100K Live account: 100k.pdf
2 comments:
Years were passed they had become one of the best and i do believe that they would still be the most top rank trader company because they have the best services offered.Others night compete but for me they are the best among others.
I have used it since Dec 08 - I started with a 1500.00 account and was up about 500 at one time.
The problem is the long term trades, stop is at -500 and when it gets hit (I hit it 2x) it will take a long time to get back to where you started.
Right now I am at -250 or so and slowly building.
I have stopped using the long term and only have the short term on. It is fairly consistent but I guess because of recent volatility does not trade more than a couple of times a day.
My suggestion is that if you plan to use the program with a small account turn off Fapturbo long term and only use the scalping 1/2 of the program. You will see some nice gains and not have to worry about the huge 500 dollar losses that may result from FapT longer term trades.
One thing you could do if you insist on the long term trades is turn off the 'open 2' and set it to only open 1 deal. Then yo will not have to watch 1000 go down the drain, only 500.
If your account is small (500 or so) 1 bad trade will wipe you out.
http:www.ravenforex.com
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