Thread: Watch it from the start - MY FAPturbo Account

hi justlooking!

I noticed your thread on this forum, and find your thread very interesting and useful. You have really invested a lot of you time in this, and I would also like to thank you for your willingnes to share your experience. I am somewhat experienced with forex, and since I am from one country, my wife from another countru and we both live in the third country, we are continous exposed to forex movements. Now, I am moving about USD 7 mill around, but I have only traded on a short/medium short range (days to weeks), but following the market online and talking to the banks. So far, I have been ok, but wondered if I could increase my skills and of course make some profit by starting up with FapTurbo?....dont feel that convinced reading your experience and struggle!...but I could be wrong. However, I am convinced that there is a lot to win (maybe loose) by following the forex market and trade accordingly.
Anyway, I am interested in these three currencies: USD, CHF and SEK. Any ideas appreciated.
Thanks again for your education!....and willingnes to share.

All the best!

tenricet

Hi Guys,

On Advice of my Tadawul IB I have plugged in two free EA's, that also scalps the eurchf and eurgbp.. right now it is on a drawdon, with about 6 open trades and allmost no margin left.

I discovered too late it trades mini lots only (0.1) so the risk I actually take with this is pretty high!

Oh, I see it just took a profit on the eurgbp! +19 in total, that's a nice start!

Fapturbo still has not resetted my Live account key, so all what you see is the free ea doing its job.

take care guys!


LIVE TADAWULFX (using FAPturbo45 with daily varying settings)



Click on the stats for more details.

Have Fun!

Lots

Guys,

The activetrades demo account has expired, so I have removed that one from the list below, I have also removed the FXDD stats, because that account has now been closed.

From the active trades demo we have learned that the scalper account misses a lot of trades Alpari and tadawul would have made, because sometimes the spread spikes above the max value, and that often is exactly when Fapturbo would have made a trade, because it temporarily spikes a little above or below its sideways moving range. So it has been a good decision I did not open a live account with them.

I just noticed I have forgotten to add MB trade demo to the list, I have added it right now.. Note that this broker still has no live account with the MT4 platform. They are still ironning out the bugs, because I see little improvement since I use the demo. In the beginning it was far more erratic, and sometimes the server was offline, but the last few days is works pretty well, and does allso trade quite a lot and profittable.. will keep an eye on this one for future use, maybe.



DEMO ALPARI UK


DEMO TADAWULFX


DEMO MB TRADING MT4 DEMO



Click on the stats for more details.

Have Fun!

Lots

Originally Posted by tenricet

hi justlooking!

I noticed your thread on this forum, and find your thread very interesting and useful. You have really invested a lot of you time in this, and I would also like to thank you for your willingnes to share your experience. I am somewhat experienced with forex, and since I am from one country, my wife from another countru and we both live in the third country, we are continous exposed to forex movements. Now, I am moving about USD 7 mill around, but I have only traded on a short/medium short range (days to weeks), but following the market online and talking to the banks. So far, I have been ok, but wondered if I could increase my skills and of course make some profit by starting up with FapTurbo?....dont feel that convinced reading your experience and struggle!...but I could be wrong. However, I am convinced that there is a lot to win (maybe loose) by following the forex market and trade accordingly.
Anyway, I am interested in these three currencies: USD, CHF and SEK. Any ideas appreciated.
Thanks again for your education!....and willingnes to share.

All the best!

tenricet

7 Million !! My goodness.. One advise, do not trade everything of that using Fapturbo!

Just take a few thousand to test the waters, and i think you can afford a better EA to start working for you.

Fapturbo allso has a long term strategy on eurusd, but this requires an account of at least $10.000, but if you have that this may be the best for you, it can be extremely profittable, but be prepared for an occasional big loss. because it is long term, it does not trade often, and trades can remain open for days or even weeks, but you are used to that.

Another advise, if you have such ammounts of money in one account it is better to lower the risk (LRR) to 2 or 3 (percent), like professional traders would do with big accounts (more then 50.000 or so)

Note I have just started trading forex, so my experience is limited and Fapturbo has been a great way to learn about it... and i am still learning every day, so I think I should ask YOU for advise! :-) I am just sharing here what I learn and what my experiences are and hope to help other people with that to prevent them making the mistakes I make and have made.

I do not know if PM's still work here, if so i will send you a PM with some links to get you started.


Lots

Hi Guys,

What a nice surprize this morning, the 2 free EA's have produced $27 in profit, which is about 5.5% ! (start balance $485.20) Only in the beginning it had a few bad trades, and settled for the best.. it just waited until the losses were somewhat acceptable before closing the trades, like Fapturbo also does.

With 4 charts open ( each EA on eurchf and eurgbp) it made 10 trades in one session. The EA's take profit at 4 or 5 pips so just small profits with each trade, also because it works on the 5 minute time frame.

Faprutbo support sucks, I am still waiting for them to reset my live activation key.

LIVE TADAWULFX (2 free EA's, waiting for FAP key!)



Click on the stats for more details.

Have Fun!

Lots

Hi Guys,

After sending a rather cynical message to the Fapturbo forum, I got a message within minutes from the boss himself (Chris forex) requesting me to send in proof of FXDD closure and payment etc.. and then he resetted my account.. was done in minutes!

Now I have installed the Fapturbo45PRO in the live tadawul metatrader, waiting for my IB how to set it up exactly.. For now I will only trade eurchf with it, until my account has reached $1000, then I will add eurgbp and maybe usdcad, which seems to perform rather good the last few weeks.

So right now I have the following trading setup:

Fapturbo 45 Pro EA
EURCHF, M15
Lots Risk Reductor: 10
other settings will follow after instructions of my IB

"Your Lucky EA"
EURGBP, M5, risk 5%, worktime 21-6 (broker time), rest default
EURCHF, M5, risk 5%, worktime 21-6 (broker time), rest default
the low risk means it will trade the minimum lot size of 0.1 (the minimum of this EA!! not the broker).. I could set a fixed lot sizeof 0.01, but because it takes profit at just a few pips, that doesnt really make sense, it would result in pennies profit/loss

"Your Lucky EA Spread 4"
this EA is a further development of the other Your Lucky EA, settings are the same as above

Running 5 EA's at the same time is more then enough for my rather small account, I will follow how it goes tonight and may decide to remove one or two if it shows the risk is too much, or if they start working against Fapturbo (margin call is likely when several trades are going on the same time)


LIVE TADAWULFX (2 free Your Lucky EA's and Fapturbo 45 Pro using special settings)



Click on the stats for more details.

Have Fun!

Lots

Just a short note before I go to bed :-)

Until now the live tadawul account has made allready $31+, fapturbo traded EURCHF once with a nice profit, the other two EA's made 4 trades also all ended with nice profits

I am a happy man!

LIVE TADAWULFX (2 free Your Lucky EA's and Fapturbo 45 Pro using special settings)


Have fun!

Lots

Hi guys!

With Fapturbo back online, it has been going very well last night.

11 trades of which 5 by Fapturbo
All trades were profittable
Total profit $63.93
12.5% Gain last night
18,8% Gain from the start balance

I will walk around with a smile on my face today :D

LIVE TADAWULFX (2 free Your Lucky EA's and Fapturbo 45 Pro using special settings)


Have fun!

Lots

Guys,

Also the demo accounts had a good day! Note that these accounts do not have the free ea's so you can purely monitor the performance of Fapturbo here.

BTW, I have noticed that Fapturbo made two more trades on eurchf in the live TDFX account then on the demo.. so today the Live account performed BETTER then the demo.. It will be interesting to see if this becomes a trend with TDFX, and would be an oposite experience to what mostly happens.. people allways complain the live accounts are worse then the demo's they tried.

The live TDFX account was allso better then the Alpari demo, Alpari had 4 trades on the eurchf, where TDFX had 5

You cannot really draw any conclusions after two days live trading, but at least I can say the decision to go live with Tadawul wasnot a bad one.

DEMO ALPARI UK


DEMO TADAWULFX


DEMO MB TRADING MT4 DEMO



Click on the stats for more details.

Have Fun!

Lots

Hi Guys

I did not look for a while at the MT4 platform, and when I kiok at it now I see the eurgbp has made a very unusual breakout against the Your Lucky trades.. It looks like it is strugling back a little, but I do expect a losing day today, maybe all wins of last 2 days maybe lost...

Right now it seems that the many open trades at a drawdown prevent it from fapturbo to trade properly, in the TDFX demo several trades have been open and closed at a profit in eurchf, but not in the live account

LIVE TADAWULFX (2 free Your Lucky EA's and Fapturbo 45 Pro using special settings)


Have fun!

Lots[/QUOTE]