Here is more:
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fapturbo seems to be all over the place and due to the success more and more a buying. If all these traders are taking these same positions, wouldn't it indeed affect the marketplace and counterparty trading?
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That is traditional words our competitors will tell you on public forums: if many people use it then it will die very soon.
However lets follow the common sense again and make some calculations.
On one hand we have retail traders. According to statistics 67% of Forex Traders Deposit Between $50 to $1,000
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11.1% of traders choose to make a deposit between $1 to $5
8.3 % of traders deposit between $6 to $50
13.9% of traders make a deposit between $51 to $100
22.2% of forex traders deposit between $101 to $500
30.6% of traders choose to deposit between $501 to $1,000
5.6% of traders, last but not least, deposit more than $1,001 each time
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According to statistics, 60% of buyers never start real trading (they buy and put it for "later, cause too busy now"), other 30% will trade ONLY on demo just for fun (or afraid to deposit real money) and only 10% will actually trade with real money.
Lets do simple math:
So even if 20K people buy
fapturbo, only 10% or 2000 of them will really trade on real money.
So their sum deposits will be $500 (average deposit of retail broker) * 2000 = $ 1mln
From that money only 2-5% will be used for actual trading as everyone knows the rules: risk 2% of your capital. So total trades volume = 20K/day
On the other hand we have Forex market with a volume of
over $4 trillion a DAY!!
from babypips i will quote:
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The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $4 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!
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Bottom line:
So on one hand we have fapturbo traders with $ 20K per day.
On other hand we have FOREX with $4 TRILLION a day
Now compare:
4 000 000 000 000 (4 TRILLION)
and 20 000 (fapturbo total)
that is ... 0.0000005% of total market
Do you think such tiny percent can influence the market and increase the spreads overnight and "turn the rivers back"? I really doubt
P.S. Sorry if I made some mistakes with math... just wanted to show the idea. you can make more accurate calculations if you want...
And don't worry - FAPTURBO and all other EAs can be used by small retail traders only with small deposits! No bank with millions of dollars can use it as it won't work for them!
FAPTURBO was created only for small retail traders like you and me with deposits under 1mln (average $500). No broker will let you trade millions of dollars with this strategy so no need to worry that huge banks will use it and ruin the system
That does not make any sense!
FapTurbo not trading? Due to increased spread - NOT because of fapturbo!
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