subject: FAP Turbo - the reason it's the top robot by:John Richards [print this page] FAP Turbo has come to be the most profitable automated Forex Trading Robots in the history of the Internet in an extremely short time. Why is this and what does it imply for you? Well, FAP Turbo (Foreign Exchange Autopilot, in case you want to know) puts into practice the critical rule that marks out the difference between winners and losers - it's not greedy.
It just takes a little bit of profit on every trade it places. Actually, that's not true. It does make losses at times - naturally no system is one hundred percent perfect. If such a robot existed that would be the end of forex trading. Obviously, the numbers of successful trades will vary from week to week but some users say they are getting between eighty and ninety percent. This is very good and is based on a very conservative interpretation of forex signals. can be configured to more than one strategy but for inexperienced traders who, quite naturally, want to see profits fairly quickly, the Scalper strategy is the one I'd recommend.
As the name implies, it's designed to take (scalp) just a few pips on every trade, normally 5 of 6 pips. At $2 per pip, we're talking about a profit of $12 per trade. Now this isn't going to make you into a millionaire overnight but remember, FAP Turbo is an automatic robot that will [spin]continue to trade, according to your instructions, day and night, week in, week out. Those twelve bucks can soon begin to mount up.
You can trade numerous currency pairs with the FAP Turbo system. Many beginners start with the Euro/GBPound pair (EURGBP) or the Euro/SwissFranc pair (EURCHF). These pairs usually have enough fluctuation to make them profiatble but are seldom so volatile that trading becomes something of a lottery. This is another very appealing aspect of the approach taken by FAP Turbo.
If you are new to forex trading then FAP Turbo is an excellent addition to your toolkit and you can learn a lot from it, just watching how and when it places buy or sell orders and how to overcome the temptation to go for bigger returns. It's easy to understand, but it is a sure route to disaster and it's been the road to ruin for smoe traders. I'm having a lot of success with and in the end it's your call, but if you follow the simple instructions to the letter then there's no reason why you shouldn't see some decent profits too.
