I am among many other people who have doubts about fapturbo, so I started a little test:

fapturbo vs Manual Trading!

The results are shocking! I had Fapturbo running for 5 weeks on a LIVE
account and it seems to work pretty wel untill I hit a couple of Stoplosses.

My original deposit was $300 USD and after 5 weeks, my account reached it's lowest balance.
The balance was $240 USD after 5 weeks, and I decided to trade manual.
Remeber this, Before Fapturbo.. I never had experience in Forex trading,
actually I never heard of it, because I thought only man in suits at markets
were doing that kind of stuff and had a economic master or something.

So in one way I can say, thanks a lot Fapturbo developers, you introduced me
to the 'scene' (or world) of forex trading, because while I was getting more
and more doubts about this EA, I started reading many stuff, books, pdf's,
video's, mainly anything about manual trading and how to become profitable.

I have to admit, I learned it very fast, so I guess I'm one of those LUCKY
people who are fast learners, good with numbers, have guts but also
know when to stop. In 1 week I did almost the same amount of orders,
as Fapturbo does in many weeks.

Does this mean FapTurbo doens't work? To be honest, I think it DOES work,
but not as profitable as in demo forward testing or backtesting.
I think that my balance was simply to low for already playing 0.1 lots with
only a deposit of $300. So my advice is, change to a broker who offers microlots, or open a $1500 if you want to trade 0.1 lots unlike what is shown
at the Fapturbo website "Turning $370 into..blabla".

In case you have some questions, I already answer a few for you:

Who is your broker?
- I'm using FXPRO

Howmany hours did you spend for manual trading?
- 5 days, and only 3 or 4 hours per day, I have other things to do as well ;)

What did you use for learning?
- Most of it was on the web, so I think Google would be a good place to start, I also learned a lot from youtube vids, even the short ones can be very educational :) However, most of it I learned by just doing it on demo for a
few days: controlling yourself, don't get too greedy, be happy with a winning row of $0,50 USD as well, know when to stop and get out, and trade the
next day, etc

Can I see all your account details, of each trade?
- You sure can, it's here at my mt4stats page http://hansje.mt4stats.com (can also be found in my signature below my posts)

If you say Fapturbo is still profitable, why dont you use it anymore?
- I'm not using it for now, because the market is really bad lately, read this carefully:
It's bad for Fapturbo, not for manual trading!
As soon as I think the market is stable again, spreads getting lower as well, etc etc, I might even turn ON Fapturbo again for the late hours when I sleep :)

Can you show a graphical image as well?
- I sure can, here it is:


OH MY GOD, what is that little dip in the end of your image?
- Haha, these were 3 bad trades the wrong way, so another tip, if you want
to give manual a shot, take good care what you are clicking, 1 click can cost you a lot of money :)
Take a good look everytime, example: Check lotsize everytime, check if you want to BUY or SELL
(it's very easy, esspecially in the beginning to confuse those two)



So....... I'm so happy with all this, I decided to share it :)

Cheers!

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////// live stats @ http://hansje.mt4stats.com get your own too for free! \\\\\\

Hi Hanjse, nice post. I'm in the same position that FAPT introduced me to Forex. Probably same as you, don't like the fully automated system with no control over TP and SL levels though. I've been tinkering with a bit of manual trading myself, not with such good results as yourself . Is your method based around using the indicators supplied on the MT4 platform?

This is an interesting thread. Those are brilliant results from someone in their first week of trading and i will be most intrigued to see how your newfound trading career pans out. It actually took me a few years before i started making gains and producing equity curves that look a little like yours. Beginners luck maybe?!- but i hope not- if you have found something that just 'clicks' for you and you are good at it, then keep on exploiting it! You appear to have a sound grasp of the principles of fear and greed- as long as you keep reminding yourself of that, then go for it.!!

interesting.....

if you have the stomach manual trading can be good...

but if you don't want headaches and can accept winning and losing the bot is the way to go.

much easier......manual trading take too much out of you

...wait until you start trading 5 standard lots and shit bricks.

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"Markets are like bacteria: always, mutating and looking to kill you" --VICTOR SPERANDEO

Donna if this quote is true why even look at any E.A.

Because it's nice to manual trade 3 hours a day for 100 pips, and when you sleep an EA makes an additional 50, so every day you have 150 pips
I think an good working EA is always nice to have, for some as their only forex income, for many others it's nice to have it extra

__________________
////// live stats @ http://hansje.mt4stats.com get your own too for free! \\\\\\

Could you please share with us your trading system?

Me too never did manual trade before until i use fapturbo. I knew if i want to be profitable in forex, i cant just rely on fapturbo alone. Been using a strategy taught by a hedge fund manager, and profiting $100 a day in 1 or 2 hours. This is better and more profitable than waiting for fapturbo to trade and you cant control it.

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Want to own shares in a multimillion dollar company? Its free.

Warez. care to share some techniques?