Is Fap Turbo Software The Real Thing?
All-too-often When looking at possible Forex robots online, many people fall prey to ploys and tactics presented by the software creaters or their affiliates to falsely represent the system’s effectiveness.
One commonly used tactic is by displaying the “back test” results.
Back-tests represent the results of the program running in demonstration mode, and even though they do offer a good view of how well the program is able to perform, they can also be changed to show false profit.
The main thing you must keep an eye on is the equity curve this shows the potential rise in earnings as each day progresses.
Upon visiting the FAP Turbo website and checking out the back test equity curve, FAP Turbo seemed at first like so many of the of the other Forex trading programs available…just a touch too good to be real.
Therefore, to decide if the FAP Turbo automated system lives up to its claims, we must look at the following areas:
1. Winning Percentage
The most important key to a good Forex trading system is the winning percentage it produces. Too often researchers take figures that are based on 2 weeks as factual, but the real secret is to look at long term figures for a definative answer.
What surprised me with FAP turbo is that the overall percentage wins in the past 9 years has been 95% on average, with live testing showing even better winning percentages.
Check out our reviews:
FAP Turbo Review
Forex Megadroid Review
Forex Autopilot Review
So obviously, This piece of kit can make you cash from this testing on its own.
2. Drawdown
Drawdown is another important consideration when deciding on a Forex system because it measures the maximum percentage of capital that the program has lost.
You should know that the average Forex trading software can have drawdowns of around 10% or sometimes even 20 %. After thoroughly testing the FAP Turbo system, We were pretty excited to see that their automated software boasts an average drawdown of just 0.35%…rather impressive.
So it seems that, these stats are very promising when it comes to deciding upon a Forex trading system that will make you money on autopilot.
What we realised during our extensive testing (see bottom of article) is that FAP Turbo for the long term rather than short term, and makes money from trends that are more stable as a result (probably why the success rate is far more predictable for so many people).
What we also found out even before testing the software that the videos, screenshots and other elements of proof on their website are generally quite consistent…showing that the back test results and the live results share a very similar pattern of equity growth, whereas frequently bogus software will show inconsistencies in their results because their back tests are falsified to distort the actual performance using a different setup in demo mode compared to that in real live trading).
In light of the the substantial evidence and the impressive trading figures that FAP Turbo has been delivering for practically ten years now, it’s a little difficult to/spin] powerful piece of software.
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