Throughout my experience at reviewing potential Foreign Exchange trading software on the Internet, it is easy to fall prey to clever little tricks and tactics employed by the program owners to inflate or manipulate the program's successfulness.
One such tactic is by displaying the "back test" results.
Be on the lookout for tactics such as these, as back tests only show you a sample trade with the software is in demo mode - which is usually acceptable, but in most cases they have been doctored to fit the results needed.
A truer test is to pay attention to the equity curve (showing your potential rise in earnings each day/week/month).
After visiting the FAP Turbo website and looking at the back test equity curve, FAP Turbo seemed at first like so many of the other Forex trading programs out there...a little too good to be true for my liking.
So, in order to establish whether the FAP Turbo system is legit or not, we need to consider the following factors:
1. Drawdown
Drawdown is one of the most important factors to consider when choosing Forex trading software because it measures the maximum percentage of capital that the software has lost you.
The beauty of FAP Turbo is that the winning rate in the past 9 years has been 95% on average, with live testing showing even better winning percentages.
Clearly, the software can make you money from this factor alone.
2. Winning Percentage
Drawdown is just as critical when reviewing Forex trading software as it is a measure of how much money the software has lost you.
The beauty of FAP Turbo is that the winning rate in the past 9 years has been 95% on average, with live testing showing even better winning percentages. Clearly, the software can make you money from this factor alone.
So how are these numbers even possible in such a volatile market such as this? Well on closer review (see link at bottom of page for full review) it was noted that the software makes its recommendations on longer term trades. This explains how FAP Turbo is able to achieve such impressive stats. With wagering on trends you are more likely to see a return and a lot of the risks are mitigated
We also noticed even before trying out the software that the videos, screenshots and other elements of proof on their website are pretty consistent...because the back test results and the live results share a similar pattern of equity growth, whereas many bogus schemes will show inconsistencies in their results because their back tests are falsified to inflate the true performance (using different rules in demo mode compared to real live trading).
When you have a forex trading robot that consistently produces results like these over a 9 year period it is difficult to find a reason not to at least try it out. For details on our first trade and what we made / loss, check out the link below: - 15224
One such tactic is by displaying the "back test" results.
Be on the lookout for tactics such as these, as back tests only show you a sample trade with the software is in demo mode - which is usually acceptable, but in most cases they have been doctored to fit the results needed.
A truer test is to pay attention to the equity curve (showing your potential rise in earnings each day/week/month).
After visiting the FAP Turbo website and looking at the back test equity curve, FAP Turbo seemed at first like so many of the other Forex trading programs out there...a little too good to be true for my liking.
So, in order to establish whether the FAP Turbo system is legit or not, we need to consider the following factors:
1. Drawdown
Drawdown is one of the most important factors to consider when choosing Forex trading software because it measures the maximum percentage of capital that the software has lost you.
The beauty of FAP Turbo is that the winning rate in the past 9 years has been 95% on average, with live testing showing even better winning percentages.
Clearly, the software can make you money from this factor alone.
2. Winning Percentage
Drawdown is just as critical when reviewing Forex trading software as it is a measure of how much money the software has lost you.
The beauty of FAP Turbo is that the winning rate in the past 9 years has been 95% on average, with live testing showing even better winning percentages. Clearly, the software can make you money from this factor alone.
So how are these numbers even possible in such a volatile market such as this? Well on closer review (see link at bottom of page for full review) it was noted that the software makes its recommendations on longer term trades. This explains how FAP Turbo is able to achieve such impressive stats. With wagering on trends you are more likely to see a return and a lot of the risks are mitigated
We also noticed even before trying out the software that the videos, screenshots and other elements of proof on their website are pretty consistent...because the back test results and the live results share a similar pattern of equity growth, whereas many bogus schemes will show inconsistencies in their results because their back tests are falsified to inflate the true performance (using different rules in demo mode compared to real live trading).
When you have a forex trading robot that consistently produces results like these over a 9 year period it is difficult to find a reason not to at least try it out. For details on our first trade and what we made / loss, check out the link below: - 15224
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