Hey people,

I'm new to forex... came a across a website, clicked a bit and bought fapturbo after reading some reviews here and there and ofcourse their site as well.

No, I don't have intentions to become a miljonair, however... I was interested in earning a small piece and esspecially how it all works, because I didn't know.. or actually, had no idea forex was so big and active.

Anywyas... lets continue with my introduction
I bought the fapturbo, they said, start with as low as 50 usd and I thought, hmmm ok, that's something I can afford (not $1000 as many of you here), so I started with $100, and because I'm a person with so many questions and read it would be wise to start with a practise account I opened one.

Enough with my introduction no, it must be clear I'm a newbie into this world now, but it even gets more clear now, because now I have some newbie questions haha

Ok here goes...

I started with $100 practise money and I added 5 graphs:
EURGBP (m15)
USDCAD (m15)
GBPCHF (m15)
EURCHF (m15)
EURUSD (m1)

For the ones with M15 I used the following settings:

UseScalperStrategy=1
Scalper_Lots=0.10000000
Scalper_UseMM=0
Scalper_LotsRiskReductor=1.50000000
Scalper_MaxLots=10.00000000
Scalper_GMTOffset=2
Scalper_StealthMode=1
Scalper_UseCustomLevels=1
Scalper_RelaxHours=0
Scalper_SimpleHeightFilter=1
Scalper_TrendFilter=1
Scalper_TradeFriday=0
Scalper_OneTrade=0
Scalper_UseFilterMA=0
Scalper_PeriodFilterMA=100
Scalper_PriceFilterMA=0
Scalper_MethodFilterMA=0
Scalper_ExpertComment=FapTurboScalper
And for the M1 I set the UseScalper to off (or 0) same settings +
FapTurbo_Lots=0.00000000
FapTurbo_LotsRiskReductor=1.00000000
FapTurbo_MaxOrders=5
FapTurbo_MaxLots=10
FapTurbo_StopTime=9
FapTurbo_aaa=35
FapTurbo_bbb=48
FapTurbo_TakeProfit=140.00000000
FapTurbo_StopLoss=500.00000000
FapTurbo_TrailingStop=0.00000000
FapTurbo_DurationInHours=0
FapTurbo_CloseAfterXmonths=1
FapTurbo_PeriodMALarge=100
FapTurbo_PeriodMASmall=30
FapTurbo_PriceMA_0_6=0
FapTurbo_TypeMA_0_3=0
FapTurbo_ShiftMALarge=3
FapTurbo_ShiftMASmall=1
FapTurbo_LookForDays=2
FapTurbo_CriticalDays=45
FapTurbo_RelaxDays=0
FapTurbo_HedgingLotReducer=0.00000000
FapTurbo_Hedging=0
FapTurbo_TradeNFP=1
FapTurbo_TradeFriday=1
FapTurbo_Prudent=0
FapTurbo_SymAlligatorOnCritica=1
FapTurbo_FixedDirection=1
FapTurbo_ClsLsrOnMrktChnge=0
FapTurbo_AlwaysTrade=0
FapTurbo_LowLot=0.10000000
FapTurbo_TooGoodToBeTrue=50
FapTurbo_PrudentPeriod=30
FapTurbo_StartWorkTimeHour=0
FapTurbo_StartWorkTimeMin=0
FapTurbo_EndWorkTimeHour=0
FapTurbo_EndWorkTimeMin=0
FapTurbo_OneTrade=0
FapTurbo_SpanGator=0.50000000
FapTurbo_SlipPage=3
FapTurbo_ExpertComment=FapTurboEA

Ok, that was a bunch of settings, and thought, this is good now, however it seems not working yesterday (and today, but probably because today is friday which is too risky for Fapturbo?)

The 4x scalps didn't trade yesterday (15 hours nonstop), anyone know if my settings as shown are wrong?
And the EURUSD 1M traded 6 times in 15 hours time as well.. and 5 of them with big losses and 1 of them small winning, however totally in 15 hours with just 6 trades a drop from 100 usd to 62.46 usd, thats like a third

I figured that I would never be able to catch all the dowswings with just 100 usd. So I would either need to increase the amount of the money which is not an option for me, because I don't have that much money to invest for a start (100 is enough, and I read 50usd would be the minimum @ Fapturbo.com), and the other option is to tweak my settings into something which would not have such large downswing of loosing a third... where can I do that in the settings? changes .10 to .01 doesn't really work I read in another post, so now what? I mean, they said it would be possible with even a small start of 50 usd, so if anyone could help me out, I would be very happy hehe... Of course if you know a good setting for me, feel free to post the settings entirely here for (other) small starters with just 50 up to 100 usd because I'm sure a lot of them bought Fapturbo without knowing what it is doing and they possible invested their last money on it, so it wouldn't mind to share for the micro people reading this hear

Anyways, thanks for reading this, and hopefully someone can help me (and others) out with some settings for 50-100 usd as start amount, perhaps a setting for 500usd as well, and when starting with 1000usd, 3 different settings

Kind regards,
Hansje

PS. Here is a link with a screenshot of my losses http://images.uploadbase.net/gallery/0-1227873128.gif

$100 is not enough to be trading .1 lots, you need the set the following.

Scalper_Lots=0
Scalper_UseMM=1
FapTurbo_MaxOrders=1

That should at least keep you in the game for a bit but with 100, depending on your leverage, things could get ugly if the price moves against you at all.

Also something to note is that FAPS closes out losing trades at the end of the month, you should wait until DEC1 to start the system if you want a real test.

Yep, start backtesting your a*s off Hansje! (F6)
You will find out spending $100 on the lottery is probably a better idea.

thanks for the setting, im going to try it out now, however, it will probably start working on monday

is there a way to start trading .01 instead of .1 ?
and also what would be the minimum if $100 is too less for .1 ? something like $250 would work you think?

Trading .1 lots with $100 and reasonable 100:1 or 200:1 leverage you have a VERY small margin of error. FAPS causes some serious draw downs in the long run and if you can't withstand a 250-400 pip run in the wrong direction without a margin call, you are going to be in bad shape. Some brokers don't allow lot sizes smaller than 1. I know Alpari demo does support .01 lots so you might do some testing with it.

With $100 and 100:1 margin on a .1 lot you have about 50-75 pips movement range in the wrong direction before you get a margin call. Trading .01 lots you have about 500-750 pips in the wrong direction before you get a margin call. At any rate DO NOT set FAPS up on a demo on the last trading day of the month, you are probably guarnteed that any trades it opens will be losers. If you want a real test, wait until the start of december then turn it on and let it run. If you turn it on today, any losers will be closed out on Monday potentially providing you with a large loss right off the bat.