Automated Easy Forex System .com

FAP Turbo Review: The Good And The Bad

In this FAP Turbo review, we get to the heart of the question with FAP Turbo – probably the hottest automated forex trading system to burst onto the market ever. So what is the truth about FAP Turbo?

FAP Turbo Profit Or Loss?

The results that we see on the FAP Turbo site show large profits, but of course they would. We want to discover whether real users earn with it.

A quick scan on the web shows that regular users seem to be very satisfied with their results. It surely is doing better than any other robot that anybody has used.

FAP Turbo Experience Level

Some have suggested that FAP Turbo is too complex for a beginner trader and certainly to get the best out of it takes some fx trading experience or at minimum a sound theoretical grasp of stock market or currency trading. There are a lot of options regarding the settings and so a beginner would take time to familiarize himself with them.

Nevertheless the complexity is what gives this automatic forex trading system its advantages over so many others. So really it is a good thing. An absolute beginner would need to give himself some time to figure it out, but that is still better than beginning with any other system that might be less complicated but might finish up losing your money.

So to beginners I would say, get FAP Turbo but do not expect to begin making $1000 a day right away. Take time to watch the explanatory videos, read the FAQ and ask your questions on the forum. Start with a demo account — do not rush into live trading before you are ready. This way you will have your best chance of making money.

Computer Specification

FAP Turbo uses Meta Trader 4 which is the industry standard for this type of robot. It requires Windows (2000, XP or Vista).

Price

At the time I write, the lower launch price is still available but that is subject to change. Whatever the current price, keep in mind that it is only a one time cost. You will own the system outright and can take as much time as you want familiarizing yourself with it.

Upgrades

You will not be hammered with a lot of optional extras but they will offer to install FAP Turbo on a hosted server for you, instead of running it on your own PC. This will save you having to leave your PC connected 24 hours a day and you will not have to worry about breaks in the internet connection while you are sleeping or not home.

New traders will probably want to wait until they are ready to begin real money trading before they take this option. But if you are planning to go live right away, it is a good idea to accept the upgrade and set up on their server from the first day.

Guarantees And Refunds

The money back guarantee is good for 2 months with Clickbank. You don’t have to go to the product owner if asking for a refund, you can go directly to Clickbank and you will get it. I advise using Clickbank when you can, therefore.

The Bottom Line – 5 Stars

I am sure that FAP Turbo is the best automatic forex system available right now. If your current robot is not performing or if you have been trading without an automatic forex trading system, you will certainly want to switch to FAP Turbo. New traders should try it out and don’t give up, remembering all that you have seen in this FAP Turbo review.

- Jason Cline

61 responses so far

61 Responses to “FAP Turbo Review: The Good And The Bad”

  1. Javion Durhamon 16 Mar 2009 at 12:48 am

    Absolutely ! And that’s what we try to do here !

  2. fx tradingon 10 May 2009 at 1:50 am

    whoa! that is a very potent statement “The ONLY robot you will find that actually nails trade after trade in live trading TWICE as profitably as in the 9 years of back-testing! After perusing the entire site, i just may have to give this software a try.

  3. Manmohan Varmaon 02 Jun 2009 at 1:53 pm

    I am from India.
    How do I pay to invest in Fapturbo? I mean — through which payment processor?
    How do I receive earnings?

  4. Jason Clineon 02 Jun 2009 at 3:19 pm

    Hi Manmohan

    First you need to get FAPTurbo here to run on your computer. Then set up a broker account. Payment systems vary from broker to broker.

    Forex trading used to be illegal in India. I believe this has recently changed but you should check for yourself. This is a good forum for Indian traders where you can see a discussion about this:
    http://www.traderji.com/forex/15091-attention-forex-trading-illegal-india-7.html

    Best, Jason

  5. Azezon 04 Jun 2009 at 3:37 pm

    Hi,

    What do you mean a setting must be done if we want to install it in our pc?How about we install it on the server itself?do we need to configure it or they will configure it for us?How will this fabturbo runs in the server, will it trade for us at anytime?or do we need to instruct the fabturbo to trade for us?is there any difference in terms of price in buying the fabturbo for our pc and installing it on the server?

  6. Jason Clineon 04 Jun 2009 at 3:54 pm

    Hi Azez,
    The settings are for you to set your position size, stop loss etc. They are the instructions for the robot to trade for you. You choose the settings (whether you install on your own PC or on their server). Hosting on their server is an upgrade that was available at the time I wrote this review. If you have technical questions or questions about the cost of the upgrade, you should contact the FAPTurbo owners. I do not own FAPTurbo and I am not affiliated with the owners. Their contact email is at the foot of the FAPTurbo website (click here).
    Best, Jason

  7. forex robot traderon 16 Jun 2009 at 3:53 am

    wow. thumbs up from the reader. this is an interesting post.

  8. Johnon 07 Jul 2009 at 8:18 am

    Hi,

    I am a newbie, please write to me and tell me how it works. I am slow in understanding but ready for serious invesment.

  9. Jason Clineon 07 Jul 2009 at 9:30 am

    Hi John,
    Thanks for your question. I have replied to your email.
    This should work fine for beginners as long as you are cautious in the beginning. Be sure to use a demo account until you have it running profitably, and don’t take big risks. Details are here: FAPTurbo
    Best, Jason

  10. Stefanoon 19 Jul 2009 at 10:23 pm

    Hello,
    I’m a beginner in forex trading field, but I want to invest the right sum of money and, if possible, earn money from my investment.
    I’ve read of FAP Turbo and, If I understood well, you say that this is a profitable forex robot and so we can entrust in it.
    Now if I want to start with FAPTurbo, what I have to do?
    Can you explain me better, also in my private e-mail?

    I wait your answer.

    Best Regards and thanks of all,
    Stefano (from Italy)

  11. Vincenton 21 Jul 2009 at 9:41 am

    Hello,

    I am also a newbie, please write to me how it works, and how do i receive earnings on my bank account?

    Regards

  12. Shamimon 22 Jul 2009 at 6:53 pm

    How does the Robot knows what currency to buy? Let’s say I invest $500
    and set a range of 1.5 – 2.5, I understand that it will sell the stock if price falls below 1.5, but how does it know what price to buy it? Is there two different platform range for buying and selling each? If not then I don’t think the program would work, it will just buying at some range and selling it when it falls below set price causing people to lose money.

    Does the robot buys currency automatically after it has done one trade selling some currency? The FAP turbo site doesn’t explain in details how things work. I need to know more details on how would robot execute automatic trading assuming I set the limit to certain range. I’d like to know more details before investing into this product.

  13. Jason Clineon 26 Jul 2009 at 8:02 pm

    @Shamim, this does not involve stocks, it is currency trading. You can set the buy and sell prices and you also set the currency pair. It is different from stock because you are always trading a pair of currencies. In order to buy one currency you always sell another. You could probably use some more surfing of this or other forex sites to understand the basics of it before you start. Or start with a demo account and learn in practice, but do not risk any real money yet.

    @Vincent, how you receive your earnings depends on your broker and the methods that they use to pay out. Usually they would do a wire transfer into your bank account.

    @Stefano, if you want to start with FAPTurbo you will need to get a copy. You do that from their site here: FAP Turbo website. I recommend you use it on a demo account at first while you get accustomed to trading.

    I should just say again, this is just a review, our site here at automatedeasyforexsystem.com is not affiliated with FAP Turbo and cannot provide guarantees etc. You should ask the owners of FAP Turbo if you have detailed questions about it.

  14. LINK101on 26 Aug 2009 at 3:05 pm

    Does anyone know which forex websites this software works on ? I am in the process of opening an account and was wondering which platforms it worked on ?

    Any suggestions would be greatly appreciated !

  15. calumon 28 Aug 2009 at 10:00 am

    Dear Jason,
    Im in england,when will i recieve my software?
    do i need the disc to get going?

    Thanks
    Calum

  16. Jason Clineon 28 Aug 2009 at 10:09 am

    Hi Calum

    You don’t need a disc. You can download it, so you can get started right away.

    Jason

  17. Jason Clineon 28 Aug 2009 at 10:20 am

    Hi Link101,
    That’s a question for their support. We don’t own FAP Turbo here (unfortunately!). We’re just reviewing it. Go here and then click on the ‘contact us’ link at the foot of the page for any technical questions:

    Go to FAP Turbo

    Best, Jason

  18. rodzakion 28 Aug 2009 at 10:40 am

    Hi Jason,

    this is an interesting post and very encouraging. However, is there any real proof from users that you may have…it would be very helpful if there are independent proof not from their website.

    have u actually tried it? if you have, excellent, send me something to my email…

    Thanks….

  19. Jason Clineon 28 Aug 2009 at 10:57 am

    Hi Rodzaki,
    The place to go for a lot of user comments is forums. I had a good look around myself when I was preparing this review and user reports were generally very good, with some exceptions from people who either cannot work out how to set it up or set their risk way too high hoping to make huge profits fast and suffer the inevitable consequences. Obviously individuals have their own axes to grind but FAP Turbo seems to be performing very well for traders, especially in the GBP/EUR market which is where I would recommend you focus your trades if you plan to get FAPTurbo for yourself.
    Best, Jason

  20. Hasanon 05 Sep 2009 at 5:07 pm

    Dear Jason,

    If i buy Fabturbo and downloaded it. Will there be intructions given for me to follow in order to make it working on my PC?

    Once installed, for sure we will have to connect to internet to do trading. The question is, how do we configure it to trade for us? Does the software automatically runs once we enter trading online?

    On the setting of Lots, Profit Taking and Stop Loss, what kind of figure (numbers) do you recommend?

    I’m still new at this, so, please help me. Does opening an account of $100 be good for trying the Fabturbo? And how much do I put the setting (that you recommend) for this small amount of investment?

    Thank you.

  21. Jason Clineon 09 Sep 2009 at 10:31 am

    Hi Hasan,
    Sure you get instructions, plus they have support. Expect to take a few hours getting it set up, and then run it in a demo account to adjust your settings. Save your real money for later. Regarding the settings, there are services you can sign up for that will charge you a lot of money for so-called better settings but I think the support team’s recommendations in the manual are fine. Remember you have 8 weeks to try it out with a money back guarantee during that time, so run it in demo mode during that time and experiment with the settings so that you fully understand everything.
    Best, Jason

  22. Michael Pahlevion 22 Sep 2009 at 2:04 pm

    Dear Jason Cline,

    I’ve read your interesting review…

    Regarding Hasan on 05 Sep 2009 at 5:07 pm says:
    i have same worried with him about setting parameter.
    I propose the FAPTurbo creator (or the advance user of FAPTurbo) give fixed parameter that proven succes this will make the new user can follows more easy.
    This might hear so naive but we can not imagine how much money will loss and time will spent just to find the exactly profit parameter.

    Do this FAPTurbo need specific condition of trade such as minimum leverage, minimum lot, etc. I heard that few broker has a cent account, does FAPTurbo match work on cent acc?

    Thank you for response my bunch of question. Really nice to know you!

    Michael

  23. Jason Clineon 22 Sep 2009 at 7:18 pm

    Hi Michael,
    Why not use the settings recommended by FAP Turbo support team? I would avoid GBP/CHF. You need to adjust position size depending on the size of your funds. Don’t risk more than 2% of your total funds per trade.

    You do not need to lose money finding the best settings to use for your situation. You should use a demo account to test the settings. At the same time you will learn how to use the robot without risk. If you do not want to spend any time learning how to use these tools, then forex trading is not for you. There is nothing in the world that is going to simply rain down money on you without you putting in any time, skill, effort or investment, unless of course you win the lottery, and I am sure you know how unlikely that is.

    I’m sorry if that sounds harsh but it is best to be realistic. If you are looking for a way to get rich quick with no effort, then you should do the lotto. Anything else that promises you money for nothing is probably a scam. Successful forex trading requires that you put in some time.
    Best wishes,
    Jason

  24. Franciscoon 05 Oct 2009 at 2:24 pm

    Please can you tell me why every time I try to buy FAP Turbo Forex with click bank it doesn´t accept my payment. I have bought other products like Forex tracer and I didn´t have any problem. But still I have read that FAP Turbo is better and I´d like to buy it. please Help me.

    Francisco Altamirano

  25. Jason Clineon 05 Oct 2009 at 4:29 pm

    Hi Francisco, You could try paying with PayPal. Go here: FAP Turbo then click on the Download button at the bottom of the page. Then you have to enter your location, zip code and email on the Clickbank secure order form before clicking on the Pay With PayPal button. Then you can enter your credit card details in PayPal. I hope this will solve the problem for you.
    Best regards, Jason

  26. Fanaticon 06 Oct 2009 at 7:45 pm

    I trade with the Swiss broker ACM. How would this robot work with my broker???
    thanks so much!!!

  27. Jason Clineon 06 Oct 2009 at 8:15 pm

    Hi Fanatic,
    I think ACM is ideal, I have certainly read that their platform works very well with the robot but for technical questions like that you should go to the site and ask through their contact link at the foot of the page: FAP Turbo
    Best,
    Jason

  28. D Evanson 08 Oct 2009 at 2:16 am

    I’ve been following your blog for a little bit now and I have to say thank you for all the information that you’ve provided.

  29. Arowolo J.O.on 08 Oct 2009 at 11:50 am

    Dear Jason,

    If i buy Fabturbo and downloaded it. Will there be intructions given for me to follow in order to make it working on my PC?

    Once installed, for sure we will have to connect to internet to do trading. The question is, how do we configure it to trade for us? Does the software automatically runs once we enter trading online?

    On the setting of Lots, Profit Taking and Stop Loss, what kind of figure (numbers) do you recommend?

    I’m still new at this, so, please help me. Does opening an account of $100 be good for trying the Fabturbo? And how much do I put the setting (that you recommend) for this small amount of investment?

    Pls sned the required answer into my mail box.

    Thank you.

  30. Jason Clineon 08 Oct 2009 at 2:40 pm

    @ Arowolo J.O.
    I think I already answered all of that here but I have emailed you.

    Yes there will be instructions. You need to configure it following the instructions, and then it will work automatically, as long as your computer is connected to the internet.

    On the settings, you can use the default or the settings recommended in the instructions to begin.

    Don’t use any real money in the beginning. Brokers will let you use a demo account where you can practice with ‘play’ money. Just use that until you are comfortable and seeing profits.

    You have a 8 week guarantee on the software so if you use a demo account you do not have any risk while you are getting accustomed to everything. Then you can change the settings if you want. Give it a good try and do not give up too soon. You do need to spend some time getting accustomed to trading before you start using real money.

    You can see FAP Turbo here: http://fapturbo.automatedeasyforexsystem.com

    Best, Jason

  31. Jefon 08 Oct 2009 at 6:47 pm

    Hi Jason,

    I’m very new in Trading

    Are we allow to use this FAP Turbo in Singapore?? is it illegal??

    can I use fab turbo to trade stocks and shares for US, China and Hong kong Market ??

    Thanks

    Jef

  32. Jason Clineon 09 Oct 2009 at 10:01 pm

    Hi Jef,
    I don’t know what makes you think that forex might be illegal in Singapore. It is one of the biggest currency trading markets in Asia. But I’m not a lawyer so if you have any reason to think there might be a problem, you should check that out for yourself.

    You cannot use FAP Turbo for stock trading. It’s set up for currency trading.

    I don’t know of a similar thing for stock trading that is actually useful. I had a look around but the only one that I found had some very bad reviews so I cannot recommend it to you. Ask on some stock trading forums if you want a robot for stock trading … but it seems from my research that robots don’t work so well on the stock market. The forex market is pretty special.
    Best, Jason

  33. Limunon 23 Oct 2009 at 5:57 pm

    Hi Jason,

    I have one question. If I put 100$ on Fap Turbo is it possible to get 200$ next month ?

  34. Jason Clineon 23 Oct 2009 at 10:16 pm

    Hi Limun, sure it’s “possible”. It’s possible to double your money with one trade. But it’s also possible to double your money by putting it on red in roulette, and that’s not a serious money making strategy. For myself, I think expecting 100% profit in such a short time is unrealistic of any system. The problem is that you would have to be taking very big risks if you were aiming for that amount of profit, and that is not sustainable in the long term. A serious forex trader would not take that kind of risk. Aim for 10% a month and you will probably survive in the forex market much longer.
    Best, Jason

  35. Tom Eon 01 Dec 2009 at 9:00 am

    Hi Jason,

    I have been folowing the questions closely. I am still not familiar with how the programs automatically trades in a totally seperate trading platform. Can you explain this in further detail.

    Thanks,
    Tom

  36. Jason Clineon 01 Dec 2009 at 3:51 pm

    Hi Tom
    Difficult question! I think of it as an interface, something that fits between you and your broker’s platform. But I am not a techie. Robots usually communicate by means of an API, this article might explain a little bit. Wikipedia API
    Best, Jason

  37. chandrasekaron 24 Dec 2009 at 8:22 pm

    Hi Jason

    watch your reply ,i requried your suggestion if i invested 2500$ in insta forex borker and using fabturbo. what will my returns , tell me your experinces ,its can i get 15% every month on my investment.
    requried your reply on earlist
    thanks & regards
    chandrasekar

  38. Jason Clineon 26 Dec 2009 at 7:26 pm

    Hi Chandrasekar,
    Nobody can tell you what your returns will be. The forex market is not that predictable. I think it is even illegal to claim that an investor would make any specific returns with forex or other market dependent investments. Certainly you would not get exactly the same amount of return every month.
    If you want a safe investment with a guaranteed return, forex is not for you. Please look into something like government bonds. (Of course, you would not get 15% per month with government bonds.)
    If you want to try forex, use a demo account so that you can practise with virtual money and see your results for yourself before you risk any real money. You have a 60 day refund period on FAP Turbo so using a demo account you have no risk for that period.
    Best, Jason

  39. SarahSmileson 19 Jan 2010 at 12:44 pm

    Thanks for these automated trading systems!! I’ve been looking for a while now and this is the first blog with reliable information.
    I’m trading with broker ac-markets web platform it supports every kind of browser on any kind of computer but i would appreciate if you check if it is compatible with fapturbo

  40. Jason Clineon 19 Jan 2010 at 1:38 pm

    Hi Sarah,
    Another comment (Thunderpip) already mentioned ACM and sounds like it’s fine. But they are your broker, you have a relationship with them, what’s to stop you asking them that question yourself?
    Always check things for yourselves, folks …
    Best, Jason

  41. Jason Clineon 19 Jan 2010 at 1:42 pm

    BTW there were a couple other comments that I haven’t published asking to see my personal financial statements. Like most people, I don’t provide that kind of information to anybody except the IRS. Sorry.
    Jason

  42. Alanaon 20 Jan 2010 at 2:43 am

    hi i’m from the uk can i use the fap turbo on gbp as i have heard it dosent work thanks

  43. Jason Clineon 20 Jan 2010 at 8:07 am

    Hi Alana
    It doesn’t matter where you live, in forex you don’t have to trade the currency of your own country. I would suggest you start with EUR/CHF (euro & Swiss franc) if you are using FAPTurbo.
    Best, Jason

  44. Jasonon 22 Jan 2010 at 1:58 am

    I have zero knowedge on forex trading and I really wanted to learn how this works. I’d like to start with fapturbo. My question is, how do I get a broker? Or how do i get acquainted with one? Please send me some sites that would help me.
    Thanks so much.
    God bless you always.

  45. Danteon 22 Jan 2010 at 5:02 pm

    I am new to the forex trading market and I am interester in FAP turbo. I wanted to know do you receive the program in the mail? Also I wanted to know do the instructions help you with your setings. I also wanted more of a detailed explanation of the program. You can respond to me in a private e-mail.

  46. Jason Clineon 22 Jan 2010 at 8:20 pm

    @Jason, they will recommend brokers that the system works with, but if you have any trouble with that, there is a members only forum after you join. That would be the place to ask because your best broker depends on your location and circumstances. Other members’ experiences will be very useful.

    @Dante, it’s instant download, you don’t receive it in the mail. Yes the instructions help you with the settings. Again you might want to check out the forum. Sounds like you want an explanation of what an automated forex trading system does, I wrote this post that might help you: Automatic Forex Trading System Software: How It Works

    Best, Jason

  47. lu luon 24 Jan 2010 at 8:26 pm

    Hello Jason
    I have seen your article and I am realy appreciated of your honest answers
    I am also a live trader with Finotec trading platform, I am already contacted the
    support team of Fapturbo, hopefully I don’t need to change.

  48. Jorgeon 26 Jan 2010 at 4:56 am

    Does FAP Turbo work on mac computers too?

  49. Jason Clineon 02 Feb 2010 at 6:17 pm

    Hi Jorge, it runs on Metatrader 4 which was designed for Windows but it will work on Mac if you have the Intel Duo Core Processor. There is a site here where you can see how to do it:
    http://forum.mql4.com/11239
    Or, you can use the VPS service offered by FAP Turbo. This means that you don’t have to run it on your computer at all, they provide hosting. This has the other advantage that you don’t have to leave your computer on, and you can access it from any computer that is connected to the internet. There is of course a cost, but it’s worth it if you are a serious user. Best, Jason

  50. Kevinon 21 Mar 2010 at 6:08 pm

    Hello,

    Does Fap Turbo offer winning stategies to help a new user set up the robot settings……Do they give you a proven system to start out with or do you have to come up with your own settings?

    I’m new to forex and have only traded stocks….the system sounds great but, I don’t trust myself to manage the initial settings to win consistantly.

    Thanks!

  51. Kevinon 23 Mar 2010 at 8:03 am

    Hi Jason,

    Having read through your reveiw and all the questions/answers, it seem that the majority of people are not prepared to put the time in to investigate the product themselves. You have provided very clear and honest answers, which has supported my decision to buy this product.

    People need to remember its a one time out of pocket expense ($149). Total cost to me in the UK from Clickbank was £122. I should reiterate that the FAP Turbo product gives you access to a members area with numerous videos to help you get it set up.

    I have zero experiance in Forex trading but managed to get my FAP Turbo system set up and running last night in under an hour with the video tutorials. But.. I did do a fair amount of research on the Web before I took the plunge. I am now waiting for the system to analyse the market on my demo account on IamFX (which is what is advised in the video setup).

    Another great point that you mentioned is the 60 day money back guarantee.

  52. Jason Clineon 23 Mar 2010 at 7:43 pm

    Hi Kevin

    Thanks for your comments. Yes they do give you plenty of information to help with setup of the FAP Turbo robot. You can also test it out in demo mode on the live market so you can see how it works before using any real money. This helps a lot with the trust issue!

    Best, Jason

  53. Matton 10 Apr 2010 at 5:35 am

    Hi Jason…

    In your opinion, is a demo account any different then a real live trading account? Whats your opinion on standard size accounts and mini accounts?

    Matt

  54. Jason Clineon 16 Apr 2010 at 11:24 am

    Hi Matt

    Re demo accounts, it depends on the broker. It shouldn’t be any different technically but it is always worth asking the question.

    There is a difference in how a person trades in demo compared with live trading, however. We almost always take more risks in demo, unless we are very strict about applying the rules of a system. It is important to be aware of this and make a big effort to follow systems exactly in demo, so that you can do the same with confidence when you start trading live. This is true even if you are using a robot because you can still mess it up by interfering at the wrong time if you are not confident with it.

    Standard size accounts tend to offer better spread etc although not always. If you are just starting out, I wouldn’t advise trading standard lot sizes right away. Start with demo and then a mini account and work up when you are consistently profitable. Standard lots means big risk and again it’s a question of building your confidence before you can keep a cool head and let your system loose on the larger numbers.

    I don’t like micro accounts personally, just because I think the brokers that offer those are directing their services toward people who basically just want to ‘play’ and you don’t get a good broker service. But that is a massive generalization and there surely may be a few good brokers out there who are offering micro accounts.

    Best, Jason

  55. Claireon 22 Apr 2010 at 11:04 pm

    Hi Jason

    Do I need to subscribe to the MT4 when I download Fapturbo or can it be done after and what else would I need to get up and running? I am a newbie to forex, but I have been doing a lot of research to get a better understanding. Keep up the good work.

    Claire

  56. Charleson 28 Apr 2010 at 5:20 pm

    Hello Jason,

    I am Charles and am glad to found this website and been reading through, its very good, one of my big question about FAP Turbo training, is…. I am hearing impared (deaf) and wont beable to hear what video is telling but I can read the manuals. I wonder if the video has like close captions and lot words that can be read. How difficult is it to learn to use FAP Turbo??? also is it hard to do the setting up, I have never done it before with the setting up. Is there training for that. Forlong time I have been considering to purchase FAP Turbo but had been kinda skeptical, after reading your advises to people above it did help me feel better about it :)
    Hope hear from you real soon

    Thank you, Charles

  57. ganeshon 02 May 2010 at 7:27 am

    hi jason,

    I have one question will this fap turbo work on AVAFX platform

    or i have to open a new account with some other forex broker.

  58. Mikeon 04 Jun 2010 at 8:03 am

    Hey Jason
    What are some tips or advice to be successful with Forex…what do you recommend for a beginner to do first after purchase?

    Thanks for the help.

  59. Jason Clineon 11 Jun 2010 at 8:50 am

    Hi Mike,
    The first thing will be to get a broker account. You’ll need to get one that is compatible with the software so take a look at those that they recommend. Then the most important tips anybody can give you relate to money management. Be sure to use a demo account until you have it running profitably, and don’t take big risks.
    It depends a little on how much you are dealing with but as a general rule it’s best not to risk more than 2%-5% of your bank. The top level there is for if you have a small bank that you would not mind so much losing. You would decrease the percentage risk if successful and the bank increased. You can do this automatically by letting your bank increase but not increasing your position size.
    Best, Jason

  60. Chrison 18 Jun 2010 at 2:23 pm

    Hello Jason,

    Based on your experience is there any “need” to get additional educational materials to improve my understanding of the FAP Turbo settings… – such as for example the “FAP Turbo Expert Guide” – I’d greatly appreciate your view on this – Thanks a lot!

    My best, Chris

  61. Jason Clineon 18 Jun 2010 at 11:13 pm

    Hi Chris
    It goes against the grain to recommend something on top of the robot itself, it seems to me this is something the robot developers should offer themselves, perhaps as an upgrade, but the fact is that they don’t, and there is no doubt you can come to a better understanding of settings and how the robot actually works if you get the FAPTurbo expert guide. That site went offline for a while when the robot was updated and they have come back with a new version so they obviously are updating regularly and staying ahead of the game. Also you can go there and look around their blog and pick up some information that way for free.

    I think for serious players the FAP Turbo expert guide would be worthwhile … and I would hope anyone who is in the forex market is serious about it. Whether you actually ‘need’ it is another question … it’s really a matter of whether you want to spend the time demoing and testing for yourself, or pay the extra to take advantage of someone else’s work.
    Best, Jason

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