FAP Turbo Tips And Results

I've found some good tips to Fapturbo: Enjoy!

From Leonardo in Brazil:  he’s been trading FAPTurbo  live for a few weeks now.  Here’s what he had to say…

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hi there people
my name is leonardo, I’m 24 and from brazil

here’s my settings when I started running my 550 dollars account
scalper lots = 0.1
money management = false
lots risk reductor = 0
gmt offset = 1

that’s all the relevant stuff
trading long term, eur/gpb, gpb/chf, eur/chf

I stopped running usd/cad since I noticed it’s losing more trades than it’s winning
strategy is very agressive with big lot sizes.

I’m very confident with eur/gpb, eur/chf and gpb/chf, it makes me money every single night, some losing trades but results are always positive

As account grew I increased lot size to .2 and then .3

Started trading live to december 1st.. today december the 18th account balance is $1252
my goal is to reach $3000 by the end of the moth…

Account leverage is 1:200
looks like it’s standard because they didn’t give me a choice

Like everybody, I also had issues too, I didn’t profit for a whole week
first I had issues with the GMT offset, and I found out if I input anything different than 1, robot doesn’t trade
so if your robot is not trading, try the default gmt offset which is 1

I also stopped running USD/CAD because it was losing about 50 pips every night
but I plan on running the USD/CAD on a demo account too see if it’s safe to put it back on live

I also had problems increasing lot sizes
the solution was to turn off money management and set to 0 the lotsRiskReductor

one night my computer crashed while trading and I had to go to a friends house next morning to close the open trades.  So, yes, stuff happens. but keep trying

by now my account almost tripled.
24 december account balance is $1388

As we get closer to the holidays robot profits less because market conditions are not good, last night it made only 20 dollars.  I was planning on making more money by the end of the month but we all heard from experts that it’s not recommended to trade between xmas and new years

Still is a great result, in 24 days, reminding I didn’t profit for a whole week and had issues with settings now that the robot is all setup, I think its going to do better in January”

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Here’s another….

“Hi guys,

I guess it’s time I shared my results as well.

Here are the basics:

- I started off with a £500.00 account (Alpari UK)
- I traded with all 5 currency pairs
- I traded with the smallest lot possible during the first two weeks (0.01 lots)
- Money Management was on (1.5 - 2 LRR)
- Rest were default settings
- During the last two days I increased my lot size to 0.1 and turned MM off

Here are my results:

- Maximal drawdown: 82.33 / relative drawdown 13.22%
- Total trades: 112 (102 won / 10 lost / 91.07 % winning trades)
- Short positions: 58 (87.93% won)
- Long positions: 54 (94.44 % won)
- Maximal consecutive wins: 27 (average 17)
- Maximal consecutive losses: 3 (average 2)

I’m quite impressed with the results considering the current market
climate, and I’m really looking forward to trading next year!

Wishing you all a very merry Christmas, wonderful holidays, and all the best for 2009!

Regards,
Had”