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Thursday, May 28, 2009

Charles A. Floyd's Fap Winner Review - Taking a Closer Look at Fap Winner

By Jeff Paul

Is FAP Winner a scam? Many Forex trading product sold on the internet may show outstanding back test results. But in actual fact, these forex product lose a lot of money when they are trading live. This is because some of them are programmed to fit past results, and this will not make them more successful during live trading.

To be honest, FAP Winner made me really skeptical at first. Its back test equity curve is really smooth and looked too good to be true to me.

What is FAP Winner?

FAPWinner is a membership site for Forex Autopilot (and FAP Turbo) users and includes not only the FAP system itself, but highly profitable settings and strategies you can use to maximise your profits.

Fap-Winner Membership gives you access to discussion forums, personal trading plans, online video conferences, one-on-one coaching, personal mentoring and much more.

My Experience With FAP Winner

I first joined FAP Winner earlier this year when I was considering trading with the Forex Autopilot. I think Charles offers a valuable service. I feel like he has done ALOT with what he was given.

Lets face it, the original Forex Autopilot had some flaws(if it didnt, there would be no FAP Turbo!).

Charles worked with his members to help overcome these flaws and still stay profitable. Youll find his live Forex Autopilot trading results over at FAP Winner. He took $10,000 in January 07 and grew it to over $50,000 in the last 2 years.

I did try the silver level of membership in preparing this review. For the silver level of membership you receive:

* A trading plan which simply shows you how to calculate lot sizes for you account balance and how many successful trades are required for you to make a million dollars (the plan makes a rather poor assumption that 100% of your trades will be successful)

* Access to an online forum

* Access to a support line (a web form which sends an email)

* A PDF document describing how to set up and trade FAPTS

* A 3 page PDF document, by Joe Broadhurst, which talks about trading as a business

* A copy of the FAPTS EA

What Are The Benefits Of Joining The FAPWinner?

1. Fap Winner offers periodical market reviews and recommendations which means that you're kept updated as to what's going on in the world of Forex.

2. FAPWINNER Automatically tells you when to increase or decrease your trade size

3. It has a vast user forum which offers advice, tips, and a place to share your views and see the views of others.

4. FAPWINNER Provides great settings & Strategies for FAPTURBO ( Charles talked about some of these settings in the recent chatroom). The settings will change with market conditions.

5. It offers 2 automatic trading programs which allow you to trade the market in a much easier fashion and increase your chances of making more money.

Remember, It's easy to get excited about making money with forex but be warned, it's easy to lose it all. Therefore, it helps to have the right training, support and resources. - 23212

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