New forex robot

xixkko · #1 11-23-2008, 08:30 AM

Hi guys

a new forex robot is going to be released by marcus some time soon and he promises great results with this new one.

Does anybody know if all of us who own the FAP are we going to have an update of the new release without paying extra for it?

Happy trading

Jer · #2 11-23-2008, 10:12 AM

I doubt it will be an update since its under a different name now. I will probably buy it....I will keep you posted,

Jer

Craig BC · #3 11-23-2008, 10:41 AM

I would like to know if this is an add on to FAPS or a new EA
Also how can he trade with 0.1 on a $370 account and not blow it out?
They are even up to 0.3 with only about $500 in the account
I'd also like to know what is the stop losses, and what triggers them, they seem to be there, also what is the setting for TP, it seems to be all over the map. Unless they are using a Trailing stop loss.
Some of these are only picking up 6 pips, so what is causing it to close the trade.
I sent an email asking these questions, and still have not gotten an answer, so far all I see is a late night infomercial, with lots of hype and no substance.
Also, I have not seen the price of it. I looked everywhere.
They say it can run on a server, but that will not be free, there will Probably be a monthly charge for that.
Maybe that is what they are trying to do, sell us the same thing we have but one that runs on a server and that we have to pay monthly for?

Jer · #4 11-23-2008, 12:21 PM

I read somewhere there is a monthly fee of 69.95 to run it on the remote server. Nice feature, but not for 70/ month!

I still think I will try it out....only if it is offerred through clickbank though. They have a great refund policy, can't really go wrong for checking it out.

Jer

^eagle^ · #5 11-23-2008, 02:15 PM

Quote:

Originally Posted by Craig BC

I would like to know if this is an add on to FAPS or a new EA
Also how can he trade with 0.1 on a $370 account and not blow it out?
They are even up to 0.3 with only about $500 in the account
I'd also like to know what is the stop losses, and what triggers them, they seem to be there, also what is the setting for TP, it seems to be all over the map. Unless they are using a Trailing stop loss.
Some of these are only picking up 6 pips, so what is causing it to close the trade.
I sent an email asking these questions, and still have not gotten an answer, so far all I see is a late night infomercial, with lots of hype and no substance.
Also, I have not seen the price of it. I looked everywhere.
They say it can run on a server, but that will not be free, there will Probably be a monthly charge for that.
Maybe that is what they are trying to do, sell us the same thing we have but one that runs on a server and that we have to pay monthly for?

I think it has internal hedging.
It places a .1 lot trade and then if the trade starts to go bad instead of stopping out it throws up a .3 trade against it to catch up and overtake it. still working on the analysis from the feed though. I may be wrong.

Willsell · #6 11-23-2008, 04:47 PM

Quote:

Originally Posted by xixkko

Hi guys

a new forex robot is going to be released by marcus some time soon and he promises great results with this new one.

Does anybody know if all of us who own the FAP are we going to have an update of the new release without paying extra for it?

Happy trading

He promised extraordinary profits with FAPS too. Hmmmmmm

Short14 · #7 11-23-2008, 07:12 PM

Quote:

Originally Posted by Willsell

He promised extraordinary profits with FAPS too. Hmmmmmm

FAPS makes great profits if you dont get greedy..... Knowing what I know now I would have paid $1000.00 for FAP

drewwood5 · #8 11-23-2008, 07:35 PM

im looking into it, but ill still wait for you guys to give it an official rating. alas, i am only a junior FAPer, so ill wait and watch

alan · #9 11-24-2008, 12:46 AM

Quote:

Originally Posted by ^eagle^

I think it has internal hedging.
It places a .1 lot trade and then if the trade starts to go bad instead of stopping out it throws up a .3 trade against it to catch up and overtake it. still working on the analysis from the feed though. I may be wrong.

Oh Oh..I hope that is not the case...that strategy is called a Martingale system..it is not hedging it's a gambling strategy..

alan · #10 11-24-2008, 12:49 AM

Quote:

Originally Posted by Jer

I read somewhere there is a monthly fee of 69.95 to run it on the remote server. Nice feature, but not for 70/ month!

I still think I will try it out....only if it is offerred through clickbank though. They have a great refund policy, can't really go wrong for checking it out.

Jer

I believe that fee will be optional.

Yes it is a clickbank product.