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FAP Turbo Review 2012 – Is FAP Turbo Still Reliable?
January 13, 2012 on 7:01 am | By admin | In Home Based Business | Comments OffIn this FAP Turbo review 2012, we judge this expert advisor. The main discussion will be made to find out whether this expert advisor is working properly or not. FAP Turbo is foreign exchange trading software which supports Metatrader 4. It is automated software and once you have set it onto 15-minute charts, it will start work on its own.
This EA has been tested recently with live accounts. It started from January 5, 2012 and the starting capital was £500. But surprisingly the author of FAP Turbo review 2012 and also some other users who were trading on EURGBP currency pair, has experienced a huge loss. And it occurs just few days after the live account testing has started. On 19th January, several people experienced the same loss which actually vanished last 2 weeks of profit into the air. And all of these users were trading with EURGBP. So actually what happened there? Is this EA has lost its charm? And how such disaster occurs? We should discuss these questions here which have risen because of such disaster.
In this FAP Turbo review 2012, we will express the results of our close analysis of the full scenario. And it is that this robot is still able to make money. Surely it will surprise lot of people, because how it remains as a profitable robot after such disaster? We are also agreeing about the fact that, this was really a bad loss. But just before this draw down, we have found it working properly. And this draw down is also not the fault of this EA as we all know that on that particular day UK banking system have been crashed. So the value of the GBP was highly volatile because of that reason. As a result EURGBP trading was also volatile. But it is also surprising because these EA’s are built with risk aversion system. So how it really happened?
It is quite obvious that there must be some flaws, which are responsible for such disaster. Nothing is actually perfect and this EA is not out of it. Surely this incident was a great lesson for the author of this EA and he has to make some adjustment to it. There is no way you can leave a robot is such a volatile market without regular upgrade or adjustment. And if there is any sign that market situation will be bad for trading, then there is no need to keep the system on for that day. But this type of disaster is not regular and despite of this only accident, the EA is still working and able to make money. The author also recuperated his losses and already has started with previous amount.
So the bottom line is that, it is still a good forex trading robot for you. Even though it suffered a bad time, but still the performance of this EA is better than all others. It is still able to trade effectively on its own. So this expert advisor is still good for FAP Turbo review 2012.
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