View Full Version : Long term strategy continues making bad entries
kensu
12-11-2008, 08:26 PM
Since I have started running fap turbo on my real account, Long term strategy keeps making bad entries, selling low and buying high. What the hell is happening to this EA?
Garret
12-11-2008, 08:56 PM
Since I have started running fap turbo on my real account, Long term strategy keeps making bad entries, selling low and buying high. What the hell is happening to this EA?
Please post the exact details of your trade here within moments of it being executed for us to help you out.
kensu
12-11-2008, 11:05 PM
I tested it on Forexmeta for a week or so. The result was good, so I decided to trade on my real acount. My broker is FXDD. I stopped running fap22 now as I don't want to blow up my account so soon with this EA.
kensu, did you get verify LT in demo trading with your broker and got good results?
btw, who is your broker? i am not seeing any LT trades during past few days in ibfx demo.
argonot
12-13-2008, 02:29 AM
Please explain why you stopped using Fap 22, I use FXDD also and I just upgraded to fap22, I didn't even know about fap23, are they supposed to send us upgrade inf ( I'm glad I didn't get 23 from what I've heard)?
grandaevus
12-13-2008, 02:35 AM
Since I have started running fap turbo on my real account, Long term strategy keeps making bad entries, selling low and buying high. What the hell is happening to this EA?
Hi, Kensu. I've been running fapturbo for two days, and even one single trade for EURUSD hasn't been opened yet . Frankly, a very wise decision, especially under those ongoing heavy volatility, it would be a suicide.
May be, you've changed some settings to force fabturbo to trade in EURUSD.
Leve it at default settings.
Losing an opportunity is always better than losing your capital.
Harre
12-13-2008, 05:38 AM
I honestly don't understand why ANYBODY uses the long term EUR/USD strategy. Even the creators themselves WARN you about it and say DON'T use it unless you have a large account and are prepared to see some heavy losses. They say "use the scalper strategy for smaller accounts as it's proved itself extremely profitable".
On this forum every day there is a new post complaining like OMG FAPTurbo is killing me, ARGH! Either people are too stupid to read up on things before they start trading or they're too greedy and can't leave the long term trading alone.
I have been absolutely blown away by the results so far. It's only been a week for myself but I am amazed how well FAPT has worked on my live and demo accounts. The one loss I've had was for 2 pips, every other trade has been profitable! I don't expect every week to be like this one but even 2 full stop loss hits on the scalper would only bring me back down to where I started and so far the system hasn't showed any tendencies to go near any SL's.
Leave the long term strategy alone and use the scalper. Simple as that.
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