Forex Market Homepage

Question: I'm purchasing fap turbo for the known forex market?

(Posted by: Jogermobile on 2009-05-20 21:47:34)

I will be opening my account with $1000.00 with metatrader4 in the forex market, I've been doing my research and have found that FAP turbo is the automated "robot " I want to use to help with my trading. What kind of results do you guys think I can get with starting with such a little account ( $1000.00 ) I'm not expecting to get rich quick at all, just start making money and eventually be my only source of income. Thanks everyone - Jose

Posted by: Daniel on 2009-05-21, 16:27:29

Everything there is to know about all the expert advisors: CompareExpertAdvisors.blogspot.com

Posted by: KnowledgeBase on 2009-05-24, 16:38:42

Hi Jose, They advertise a winning trade percentage of over 96%. There is no such thing as a trading system or robot that can sustain a 96% winning percentage over the long term. Trading systems of this type usually show very short hypothetical track records that usually highlight the system's best period of performance. The end result is that you are unlikely to experience the types of returns they advertise. Also the risk/ reward ratio of most Forex trading systems with 96% winning trades is a recipe for disaster. I know that I may sound negative, but I write this in hopes of saving you and other people entering into the markets some time, money, and grief. I hope that you will take your time and learn to trade Forex properly. It's easy to start with a demo account without risking any actual capital initially. Good luck to you in your trading.