Thread: Watch it from the start - MY FAPturbo Account

Hi All,

As I posted in antother FAPturbo thread, I opened a FAPturbo account this week (yes I also got that fake rolclub email, so that fake marek must make a ton by just selling this product!)

I opened it using thier advised broker ForexMeta.. which in fact is FXDirect Dealer.. well that is a good thing FXDD has been around a very long time (I have tried forex before with them 5-6 years ago)

I deposited $500 using paypal tuesday, and today my account was funded.. and for no apearant reason a $15 Match Bonus was added :-) so total of $515.. and within 10-15 minutes the first trades are showing!

I have read the forums they have and guidance material thoroughly, because as some of you also discovered, it is not as easy as they claim it to be on the website.. Yes you can have an account set up in 5 minutes.. a DEMO.. but setting it correctly requires quite some reading. I found the instruction video's quite helpfull.

Another thing you must realize is that if you do not want to take high risks, the results will not be as spectacular as on the semi live accounts they show on the sales website.. Also do NOT believe the "proof" that Marek guy has spammed you with! They may be real, but the risks these accounts have taken (zero stop loss! much bigger then normal lot sizes) are unacceptable. It is possible to make large ammounts of money, but there is an equal chance you loose allmost everything this way.

OK, I have FAP Turbo running the Scalper trader on EURCHF and USDCAD. the long term trader on EURUSD. I have set the lot sizes on AUTOMATIC because then it is adjusted automaticlly and correctly without ME making the mistakes.. Lots risk redcutor on 10 for EURCHF and 3 for USDCAD, both spreads on 7. They advise to use the scalper on EURGPB, but the same time they also advise to set the spread on this one not higher then 5.. well with FXDD EURGPB is sometimes 10 so, that is a no go right now.

With the long term trader they advise not to expect many trades, just one or two per week, sometimes less then that, depending on volatility of the EURUSD.. With the scalper they say a few trades per day... Till now that seems to be correct (I have used it for just a few days)

To finish this introduction...

I am a beginner, do not know al lot about forex trading, but with reading the FAPTurbo material and the material on the FXDD and ForexMeta websites, I have allready come a long way.. enough to set my FAturbo traders correctly.

OK I'll be back in a few days to show my first results

Lots

I'll be looking forward to seeing your results, good luck!

Nice justlooking, i'm doing something similar but with some free EAs and some brokers that work with micro accounts, as long as i make some progress maybe i'd open a fresh thread about this.

I'm looking forward to see your results with fapturbo,

Lots of pips to all!!!!

I should start a thread for other trading systems as well so they could be independently compared!

first report:


lots

Nice profit there, keep it up..

I have found a website to view my account results allmost realtime (updated every 5 minutes)



Nice huh? :D

If you use metatrader 4 and want to share your results, set up an account yourself here: MT4 STATS it is done in 2 minutes, free and very easy.

Have fun!

Lots

Not a good day yesterday



Click on the stats for more details.

Have fun!

Lots[/QUOTE]

As you may have noticed, I removed the Long Term trader and increased the LRR to 15 on both EURCHF and USDCAD, GMT offset 3, everything else is FAPturbo default. So I increased the risk a little on the scalpers, to see larger gains.. if I would kept the LRR on 3 profits would be no more then 40-60 cents, now I can have a little larger profits so my account will grow faster (well, right now it is only losing, but as I said before you must see this in the longer term then just a few days)

I made these changes on advise of traders on the Members forum of FAPturbo



Click on the stats for more details.

Have fun!

Lots

Two bad days in a row now...

6 small winners, one big loser

It is when a pair spikes the wrong way and hits the stop loss limit



Click on the stats for more details.

Have fun!

Lots[/QUOTE]