FAP Turbo Automated Forex Trading Robot
Is FAP Turbo software a scam?
When examining potential Forex trading robot programs, many people fall prey to clever little tricks and tactics employed by the software’s authors to exaggerate or distort the program’s effectiveness.
One such tactic is by displaying results of “back testing”.
The back testing results represent the results of the forex robot software running in demo mode ie. dummy cash mode and although they can give a decent representation of how well the software may be able to perform, they also can be edited to fit the bill.
The thing you need to pay attention to is the equity curve (showing your potential rise in profits each day/week/month).
After visiting the FAP Turbo website I was surprised to see that they display LIVE trading data from their 4 real money accounts which are updated every 15 minutes, seemed at first like so many of the other FAP Turboautomated cozaar 50 mg Forex trading programs out there…a bit too good to be true for me but with the four live trading figures displayed on their website, I was quickly won over.
So, in order to establish whether the FAP Turbo system is legit or not, we need to consider the following factors:
1. Winning Percentage
The first and foremost key to a good Forex robot is the winning percentage it produces. Now, several analysts take figures that are generated over just a couple of weeks as truth, but the real secret lies in looking at the long term figures for a more accurate representation.
The beauty of FAP Turbo is that the winning rate in the past 9 years has been 95% on average, with live testing showing even better winning percentages.
Clearly, the software can make you money from this factor alone.
2. Drawdown
Drawdown is also an important consideration when choosing Forex trading software because it measures the maximum percentage of capital that the software has lost you.
It’s not unusual for the average automated trading software to suffer draw downs of approx. 10 and 20 %. After evaluating and reviewing the FAP Turbo system, we were excited to see that their software boasts an average drawdown of just 0.35%…truly outstanding.
As you can see, these figures are pretty promising when it comes to Forex trading software that will make you money on autopilot.
What we found out during our extensive FAP Turbo review (see bottom of article) is that the FAP Turbo software seems to trade for long term rather than short term, and makes you money from trends that are more stable as a result (probably why the success rate is more predictable for so many people).
We also noticed even before trying out the software that the videos, screenshots and other elements of proof on their website are pretty consistent…because the back test results and the live results share a similar pattern of equity growth, whereas many bogus schemes will show inconsistencies in their results because their back tests are falsified to inflate the true performance (using different rules in demo mode compared to real live trading).
When you consider the substantial evidence and the impressive trading figures that FAP Turbo has been delivering for nearly 10 years now, it’s hard to turn a blind eye to such a powerfully automated trading machine.
Read the full FAP Turbo review here.
http://fap-turbo-review.info/
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