FAPTurbo Review - Is FAPTurbo a Scam? - How to Know

Posted May 06, 2009 by Famotem / comments 0 comments / Print / Font Size Decrease font size Increase font size

Is it possible that FAPTurbo automatic trading robot is another scam?

Is it possible that FAPTurbo automatic trading robot is another scam? Remarkable back test results are regularly shown by many of the Forex automatic trading robot which is sold via the Internet. While in reality, when the software trades live, it is going to lose a lot of money. This is all due to the fact that a number of them are programmed to fit the past results, which doesn't exactly increase their success rate during the live trading.

Initially I had many reservations about the FAPTurbo robot. The back test equity curve was dramatic and seemed too good to be true.

The elements that were used to examine the FAPTurbo Software for this FAPTurbo review.

Rate of wins over looses

There are a number of important considerations pertaining to this software used in FAPTurbo review, which will enable you to determine whether it's a profitable investment.The very first consideration is of course the rate of the wins of the FAPTurbo robot. It is the percentage of winning trades that the software provides. FAPTurbo's success rate in the last nine years has been on average 95%, and the live test has a greater success rate.

The Drawdown factor

The drawdown is another essential factor of the system to be considered in the FAPTurbo review. This figure indicates the maximum percentage of capital lost by FAPTurbo during its trading sessions period. Drawdowns of 10% to 20% is what is typical for Forex automatic trading software. Drawdown is 0.35% for FAPTurbo robot, which illustrates the reason as to why the equity graph looks so smooth on the website's statement page.

Are you able to rely on the Back Test and the Live Testing outcome on the FAPTurbo Site?

When comparing the previous results and the live trading sessions, it is getting clear that the software trades towards a long term trend, and the general lines of the back and live results are very much alike. This means that the robot is running under the same specifications and that the outcome is dependable. So this was an interesting FAPTurbo review.

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