Here now my current experiences I made with FAP during the last 2 days: What I would like to know is, how FAP knows, when it can start a trade. Two - 4 times, I saw it starting a trade. But the graph moved very far away from the trade point and I was big in the minus. The same in my lifeforex live-account. There were two position made yesterday afternoon. But - they were solved this afternoon. About 30 hours later. For a longer time, it was not sure, the Euro would fall so deep again like it was yesterday afternoon.
Now - there is an open Buy-Trade. And the graph is in the minues again. I hope, on Monday, latest, this trade will be solved too. I am not here than. I hope, FAP can be left allone now...
Also, I have got a bigger loss on one of my demoaccounts. I got a minus of 208 Units... But I left it, as I wanted to find out, what FAP does. And FAP did it's best to get over it. This Demoaccount started with 5000$. Was on 4600$ yesterday and is on 5109$ at the moment. The Plus is only 109$. But actually, FAP was able to get nearly 500$ out of the Forex... In a bit more than one day... I think, that's not too bad. And - they say, FAP makes also losses. It's not 100% perfect. So I expected losses. I think, trading manually can causes losses as well?
My settings are almost default. I allow FAPs 2 trades only. Risklevel is on 2. I haven't touched the other settings, like it was recommended in the PDF-Handbook.
I am now very curious, what the next week will get me...
snoopye1970
junglist00
Jan 31 2009, 07:50 AM
QUOTE (snoopye1970 @ Jan 9 2009, 01:23 PM)
Hello Forum,
Here now my current experiences I made with FAP during the last 2 days: What I would like to know is, how FAP knows, when it can start a trade. Two - 4 times, I saw it starting a trade. But the graph moved very far away from the trade point and I was big in the minus. The same in my lifeforex live-account. There were two position made yesterday afternoon. But - they were solved this afternoon. About 30 hours later. For a longer time, it was not sure, the Euro would fall so deep again like it was yesterday afternoon.
Now - there is an open Buy-Trade. And the graph is in the minues again. I hope, on Monday, latest, this trade will be solved too. I am not here than. I hope, FAP can be left allone now...
Also, I have got a bigger loss on one of my demoaccounts. I got a minus of 208 Units... But I left it, as I wanted to find out, what FAP does. And FAP did it's best to get over it. This Demoaccount started with 5000$. Was on 4600$ yesterday and is on 5109$ at the moment. The Plus is only 109$. But actually, FAP was able to get nearly 500$ out of the Forex... In a bit more than one day... I think, that's not too bad. And - they say, FAP makes also losses. It's not 100% perfect. So I expected losses. I think, trading manually can causes losses as well?
My settings are almost default. I allow FAPs 2 trades only. Risklevel is on 2. I haven't touched the other settings, like it was recommended in the PDF-Handbook.
I am now very curious, what the next week will get me...
snoopye1970
I am a member of Fap-winner, which gives a trading strategy for FAP ... not sure how much information i can share ... however recommend trading with trend and 1 direction ....
janel0ve
Feb 21 2009, 10:51 PM
Hi all..
Allow me to contribute my true opinion too about autopilot forex trading here.
I have tried the forexautopilot previously and it did deliver some good results.
Recently I personally bought into another called the Fapturbo ( which most of your have heard of perhaps )..
And I must say the scalping technique is even better.
I have gotten very good results by using my own settings for the fapturbo tho.
Feel fee to read the details in my personal blog here ( if you're keen ) :
Hope it would be useful and beneficial to anyone in need.
Cheers to all.
saudiaa
Feb 25 2009, 01:51 PM
hello guys, i'm new to forex and would like to use fapturbo and any other good robot, i just want to ask a bit details on how should i get started, should i 1st register an account with broker? which one is good? after that what should i do? buy a robot? which one is good?
i'm new so please tell me all the details i need to get started
chartpips
Mar 3 2009, 03:33 AM
No posts here lately. I hope to hear some news soon on how FAPTurbo is working.
junglist00
Mar 9 2009, 06:12 AM
fapturbo is running ok, just problems with broker spread.... have to find right broker.
I have dropped the FAP ea on the USD/CAD 15min chart and have been having amazing results.
Again, the key on using these ea is money management.
arshad1984
Mar 9 2009, 10:35 PM
QUOTE (junglist00 @ Mar 9 2009, 07:12 PM)
fapturbo is running ok, just problems with broker spread.... have to find right broker.
I have dropped the FAP ea on the USD/CAD 15min chart and have been having amazing results.
Again, the key on using these ea is money management.
which broker do you have?is it working for fxopen?
junglist00
Mar 10 2009, 06:14 AM
QUOTE (arshad1984 @ Mar 9 2009, 11:35 PM)
which broker do you have?is it working for fxopen?
currently running on IBFX.... not the greatest but is turning profit
Ok, I know its been said the guy on the picture is just a hire/model guy. But I still think is funny.
wegot2go
junglist00
Apr 3 2009, 03:27 AM
Well I am back to using the basic FAP for the time being on one of my live accounts .... decent results for far .... key it to calculate stop loss based on 1% of capital. This will key you in the game longer. TP 20 TS 15 SL 300
I am no longer just trading EA's on account .... also using a basic manual strategy thats also been get ok results (still need more testing)
Forex Autopilot is still my favourite forex software, you can see my reviews at http://www.forexweek.co.uk
Jambo
May 1 2009, 04:29 PM
Why don't you guys just have a look at one of the various on line live trading rooms/blog? You might learn something instead of following some auto pilot. Making money in Forex in the longer term is difficult. It needs patience, ambition, hard work, study; in order words blood sweat and tears. EA's and other autopilot stuff is doomed to fail after a while
Regards Jambo
KnightRide
May 27 2009, 08:12 AM
I would agree with Jambo , that manual trading will bring more appreciable profit than with EA. I can't deny that I am an EA user too, but this is only temporary. We would really better study hard and not let an EA to wipe out our so hardly earned money.
ernani
Jun 5 2009, 02:34 PM
QUOTE (SoftManiac @ Dec 15 2008, 04:58 PM)
At this moment witch EA whould you buy? FAPS ou FAPTURBO?
Thanks in advance?
Hi SoftManiac,
look:
Let's Check Trading Result in Belvedere Inc. From FXOpen using FSP Trading System. Date 13 May 2008 (HONEST / NO MANIPULATIONS)
LOOK Proof ..!!! Trading Profit $ 2212,43 in 3 Days only ???
You Can Make Profit ???
valeu!
ernani
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