HELP: FAP Turbo and Go Markets Aust keep LOSING MONEY!

Hi let me tell you that sometimes not even the experts can predict how the markets goes, and the last week it was a little crazy. I also use a robot (Forexmegatrion) I had wins and sometimes I lost, but at the end of the month I always had profits. I also make manual trades because sometimes I analyze the market and see opportunities. Good luck ah! and remember to adjust the settings to your forex account.

hi I checked your a/c on mt4 stats. but it ended on 15 Sept 09. have you updated it?

I lost £700 before i deleted fap turbo. I was always worried about risk-reward. I would often win 8-9 trades and lose 1 and would either break even or be down slightly. I had trouble with spreads. i think the brokers realised fap was working and changed the spreads to null its success. who knows?!?

I really like the idea of robots since it fits well with my day job. Unfortunately i am not in a position to manually trade although i would love to.
I found a robot on google some weeks ago from the forex police. i liked its risk-reward strategy and its shown just over 100 pips profit in the two weeks i have been running it live. Ok, its not great but i’m happy with 100 pips. i’d be happy with this every month! I hope i’ve not been suckered again but what the hell i agreed with the risk-reward this time and didnt see any potential issues with spreads. i think this has more chance of winning. ive copied the risk-reward stuff from their site…

Risk 110 pips Reward 973 pips.
Risk 46 pips Reward 525 pips.
Risk 89 pips Reward 860 pips.
Risk 33 pips Reward 432 pips.
Risk 78 pips Reward 867 pips.
Risk 100 pips Reward 1,322 pips.

ive run backtests on it and it looks good. i am aware also from fap that it is easy to manipulate back tests but i remain optimistic :o)

i will keep you updated with its progress… here’s hoping!!

Jamie

what’s the name of the EA you found/purchased? thanks

He said it in his post - forex police :slight_smile:
in their website they say they don’t sell to US customers for some unexplained reason.

I am only interested in that broker. Please is gomarket reliable ? and if yes what’s their minimum amount for opening account?

Everbody cut the crap

Ever heard of toxic flow order? Toxic Orders in Forex - YouTube

Thats why the broker hates FAP!

Also if algo trading didn’t work then why these stats: wake up and smell the coffee…bot trading is where its at and if you can’t programme then learn to or outsource.

Read this Algorithmic trading - Wikipedia, the free encyclopedia

Old skoolers and there two stroke engines…you crack me up…with your 'don’t do emotional trading mantra blah blah blah’
So boring and cliche.
By the way don’t buy them no one ever sold a successful EA, you have to design your own.