Sunday, February 5, 2012

FAP Turbo Demo Trading Account: October 2009, Week 2

October 23, 2009 by ZBradford  
Filed under FAP Turbo Robot, Forex Robots

After a very disappointing first week due to my own user error I was very pleased by the results this week.  FAP turbo performed very well returning 72% winning trades for a net profit of $166.96.  What has impressed me so much about this Forex Robot as compared to others is how well it has matured. When I purchased FAP turbo in Jan 2009 I had to make several of my own adjustments to bring it to a higher level of profitability.  With the latest update FAP turbo is completely hands free.

The creators have made this edition almost idiot proof. If you are accustom to making the adjustments required in the older editions forget what you thought you knew.  Just plug it into Metatrader 4 and let in run.  The mistake I made last week was I changed the settings for GMT offset like I always had but forgot to adjust for daylight savings time.  This caused FAP Turbo to make mistakes during hours of the day when it usually wouldn’t trade. This latest edition makes all the GMT offset adjustments for you.

The currency pairs that I had success with this week were both eurgbp and the usdcad pair.

Net Gains on eurgbp= $88.13

Net Gains on usdcad= $77.15

The eurchf pair was a little disappointing this week because it often brings in the largest net profit but due to its volatility this week it was rarely traded for  2 losses and 2 gains for a net profit of only $1.42.

Overall this week I was very pleased because FAP turbo is essence dug me out of the hole I created last week through my own error.  The total account balance is now $4,973.27  from the original $5,000 invested.  I expect the remaining balance to be replaced early next week. So start looking to see how the high a ROI FAP Turbo can create.

Summary:

Week 1: Loss of $195.89 (I created a user error my changing a key setting see details for week 1)

Week 2: Gain of $166.96

Detailed report on week 2.

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