Saturday, August 22, 2009

FAP Turbo Forex Trading Robot 101

By Michael Torc

The Forex software sub industry has seen an explosive growth in recent years. There are a lot of Forex trading robots on the market. They are designed to diagnose market conditions and carry out trades robotically without human interference. Automated trading robots eliminate the emotional element. Greed and anxiety cause even experienced traders to make wrong decisions.

All robot manufacturers claim that their Forex trading robots will help you make millions. When you download their product and test it on a demo account, it works like magic. You always see great results in back tests. But when you go ahead and let it operate with real money, you get wiped out in a couple of days.

The problem with many a Forex trading robot is that they use shoddy algorithms. They can only respond to patterns that have occurred in the past. But are not designed to handle abrupt, unique or unpredictable conditions. When an unforeseen market even occurs, they become unstable and stop functioning. Not few Forex traders have lost $10,000 using these badly designed robots. Naturally, there is a lot of resentment about Forex trading robots.

FAP Turbo has adaptive algorithms and uses artificial intelligence.

While most robots only show back results, FAP turbo updates its performance every 15 minutes. Its performance then is almost real-time.

One other great characteristic of this software is that it can work with any size account. It conducts trades without human intervention and its expert adviser runs on a metal trader 4 platform. The advantages of the FAP Turbo Forex trading robot are not limited to:

1) Downloading, installing and setting up the product is a piece of cake. 2) It has a winning rate of 95.9%. It only requires a small investment allowing one to start with as little as $50. 3) Its draw down is only 0.35% compared to most robots that have a draw down of 10% - 20%. 4) The robot can be hosted on a server meaning that your computer does not have to be turned on 24/7 and tied up. 5) Customer support is outstanding. 6) The video tutorials are 5 minutes each, very professionally done and to the point. 7) The user interface is logical and easy to navigate. 8) FAP Turbo requires little or no supervision.

Customers have lifetime access to the membership area. That is the area where you can find tools, videos and interact with other users. FAP Turbo is one of a small number of winners among hundreds of Forex trading robots out there. This one is for real and is not pure hype.

Currency trading always involves risk. Practice on a demo account is always recommended before you trade in the Forex. If you are an unsatisfied customer you can return the product within 60 days and get a full refund.

Personally, I have been a user since 2008. Like most traders, I experimented with a demo account and then moved to live trading. The results have been very good and I look forward to the time when I will be doing online trading full time. - 23309

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