Anyone thinking about buying FAPTurbo?

nanexist · #1 04-19-2009, 08:12 PM

I've heard from a few trusted buddies that the prize is well worth the price.

But it sure would be nice to hear some encouraging testimonials or something. Also those that are thinking of buying, share your opinions and thoughts.

ChayaMan · #2 04-19-2009, 10:22 PM

I am *definitely* considering fap turbo as a "must buy" system. But not yet. I've been poking around many other sites and forums, trying to separate the facts from the bs. Frankly, I'm in no hurry. Haste, IMO, just means a greater opportunity to go bust quickly. Hype is the mortal enemy of asset increase.

FAPT is a decent program that (hopefully) will stand the test of time, especially as it continues to perform *relatively* well despite many thousands of sold copies. If FAPT really *is* "all that", then reasonable gains should continue over an extended period of time.

As mentioned elsewhere, FAPT is no miracle-in-a-box. There is NO substitute for research and due diligence, and I would be the first to seriously discourage anyone seeking quick riches via FAPT - that particular goal usually leads to an empty account.

I might warn against those who claim to have "magic numbers" that they will send you if you buy your copy of FAPT from them; the settings may indeed be good, but for how long and under what market conditions?

Caution. Go slow. Learn a lot. In fact, learn enough to answer most of your own questions. Post the rest here: that's what this forum is for.

nanexist · #3 04-20-2009, 01:43 AM

Thanks for the tips!

Think I'm gonna buy soon, 95% sure, heh.

moneydream · #4 04-20-2009, 04:32 AM

fapturbo is a good machanical trading system and it is a "must buy" in my list. Infact I'm the proud owner of one of the licensed fapturbo copy owner since the first day it launched. This is a good system but not a get rich quick system. You still need some basic understanding on forex trading in order to handle this robot well.

nanexist · #5 04-20-2009, 02:05 PM

Thanks for the heads up!

Harre · #6 04-22-2009, 06:57 AM

Unless you can find the right broker with either a low fixed spread (very hard to find now) or an ECN type broker it's virtually impossible to make a profit. For me FAPT has gone from a fantastic EA to a non-working one and it's all down to the spread.
Before even thinking about buying FAPT make sure you've got a broker that it can work with. I'm not going to recommend any broker because they can change overnight and become your worst enemy.

If you're not scared of reading a few forums there are virtually identical scalpers available for free, doing the same thing FAPT is doing, just without the marketing bollocks. Check forexnirvana.com for a few tips.

Craig BC · #7 04-22-2009, 09:24 AM

Quote:

Originally Posted by Harre

Unless you can find the right broker with either a low fixed spread (very hard to find now) or an ECN type broker it's virtually impossible to make a profit. For me FAPT has gone from a fantastic EA to a non-working one and it's all down to the spread.
Before even thinking about buying FAPT make sure you've got a broker that it can work with. I'm not going to recommend any broker because they can change overnight and become your worst enemy.

If you're not scared of reading a few forums there are virtually identical scalpers available for free, doing the same thing FAPT is doing, just without the marketing bollocks. Check forexnirvana.com for a few tips.

I agree, it is not what it used to be. I have a second copy of the software that I'm going to get a refund on.
One trade a day just does not cut it. And the last few days they have not been good trades. They stay open the entire trading window. And then close for a small loss
2 times in the last week, I've shut off the FAPT and managed the trade manually, to prevent it from closing at a loss after being open a long time.