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Sunday, August 23, 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 trouble 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. Badly designed robots like this have cost Forex traders losses in the Tens of Thousands. Naturally, there is a lot of bitterness about Forex trading robots.

FAP Turbo is different.

Unlike most robots, FAP Turbo refreshes its results every 15 minutes. Thus, FAP Turbo gives you almost real-time trading reports of its performance.

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 access the latest updates, video tutorials, form and other success tools. FAP Turbo is one of a few winners among hundreds of Forex trading robots out there. It is not pure hype. It is for real.

As with all other investments, currency trading involves some risk. Practice on a demo account is always recommended before you trade in the Forex. If the product does not deliver during the demo run, you can return it within 60 days and get an 100% refund without hassles.

I have been using this system since the end of 2008. Like most traders, I experimented with a demo account and then moved to live trading. The results have been consistently good. - 23218

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