Configuration of FAP Turbo
FAP TURBO is a Forex product that turns your computer into a robot. The product site has video tutorials that are approximately between 3-7 minutes explaining how to install the product, videos are in English, and if you are familiar with the terminology and have a basic knowledge FOREX computer, the installation will not be a problem. Also you can find on YouTube many videos that explain the installation process.
To prevent “piracy” and for your protection, every two months you must validate your serial code with the manufacturer; if you don’t the robot stops working. These renewals have no additional cost. The FAP TURBO requires the use of the MetaTrader 4 platform that most brokers will offer it, for instance FXCM offers it to you with a real account not with a demo account. The robot’s creators suggest you use ForexMeta.com brokers.
Among the good features there is one that allows you to perform two types of strategies: one of scalping which generally applies in the evening hours and night in Latin America (dawn in London) and a longer term strategy.
Scalping Strategy for FAP Turbo
Scalping is advised as a strategy to reduce the risk when entering the market with a transaction, and exiting out as quickly as possible, limiting the exposure to a loss during the transaction, this is repeated several times to generate a small gain and wit low risk every time it is done. This strategy applies the following formula:
Several low risk transactions (few pips per transaction)+ High positive closing percentage = Stable economic yields.
And the best of all is that since such transactions are of low risk (few pips), produces less nervous for novice traders, who by not seen a negative operation for a long time judge FAP Turbo without sufficient basis.
Long term Strategy for FAP Turbo
FAP Turbo set for a long term uses a complex strategy that follows the market trends and it is designed to capture long term movements. Because this configuration is designed to capture trends to generate more pips than Scalping, usually has bigger blows which translate into greater risks to generate draw downs. Unfortunately reducing the blows does not resolve the issue ending up generating a lower yield.
Using the robot gives you the freedom of not been in front of your computer all day long, it finds the opportunities and opens and closes positions for you.
It gives excellent results. But do not think to get rich overnight; but it for sure will make you money and a lot of money. Also, it has some negative transactions but they are few and of very small amounts for its handling of stops.The price is very reasonable, it costs $149 US which is a safe amount that many of us can afford to lose worse comes to worse. In my view is worth and it will pay itself with few operations.
There are other robots such as Forex Megadroid but FAP Turbo is the best in the market since its strategy is not as aggressive as some of the others’ but it will assure you positive results that at the end add up.
Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.
Write a comment