Guys, i have been using
FAP for nearly 2 years. I would like to share my experience with you all.
Let me tell you something, which i know most of u'll wud know; never ever trade in forex if ur greedy or let ur emotion get into your way. This is truly a recipe for disaster. This is what happen to me, i got greedy and blowed up my account. Yet, i believe failure is the beginning of all success.
The key rule here is trade smart, and not by ur instinct or emotion.
Try this on your demo account before you go life.
Open a demo account with 3000USD. The bigger the amount the higher the margin is.
Trade when the market is active, in this case i only trade on tuesday, wednesday and thursday, during london/new york exchange.
FAP only allows you to set a minimum or 10 pips of profit, and you can't set it lower then tat. Here's how you can gain profit.
1) set ur lot size to 1.0
2) set ur profit to 10 pips.
3) activate the robot
4) when the robot opens a trade, right click on the trade n click to modify your profit. In this case set your trade to 5 pips profit.
5) don't set your stop lost.
6) be patient, don't close the trade if its going on lost.
7) Once the target is achieve the trade will close and you'll profit in 50USD.
Now this is when you have to be disipline enough to close your program and call it a day. Don't let the robot open another trade.
Continue doing this once per-day - tuesday, wednesday n thursday and i'm sure u'll be able to gain profit.
Remember, trade responsibly and not with your heart.
Cheers.
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How to make profit using FAP
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