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Wednesday, August 19, 2009

FAP Turbo - Should You Buy This Forex Trading Robot?

By Michael Torc

Many people are starting to get into currency trading to earn more profits. As more people are making a lot of money with online currency trading, naturally there are more people searching for information on automated trading technologies. There has been a lot of hype about the currency trading market and lots of people have started to trade currency as a home based business.

There are many a Forex trading robot on the market. These are designed to help you trade in the Forex market automatically, without "getting your hands dirty." The FAP Turbo robot is one of the newest and best trading robots on the market. This article will focus on a FAP turbo review.

FAP Turbo has been doing very well in the currency trading world during its short history. Initially, the system was tested with live trading accounts involving real money, over a period of months before its release to the public. Marcus Leary, its inventor, and his team of programmers have been working on the software for over 5 years, and they have fine tuned every aspect of it before its availability.

Leary's team consists of three IT students (Ulrice, Mike, and Steve). Using Marcus Leary's guidance, they developed this Forex trading robot, as a new innovation. The FAP Turbo robot works with MetaTrader 4, a trading platform.

FAP Turbo works very well for traders because it has a "stop loss" function built in. This means your losses stay up below a certain level so that they don't ruin you financially. This will allow your losses to remain small so that you won't lose a lot of money at any one time. This makes this particular Forex robot safer for traders than other similar types of systems.

The robot uses two strategies combined with each other to create one powerful result. Those strategies include the long-term advanced FAP strategy and the short term scalping strategy. You can configure the software very easily, too. Simply download and install the software and begin trading. It's really that simple. You can start your trades with just $50, also. Then, just sit back and allow the FAP Forex trading robot do the difficult work for you while your profits grow.

Over the last nine years, it won 95% of its trades and only lost on 5%. In fact, you can go to the website and watch it perform with a Live Proof trading account for proof. This system can double your account amounts in a single month. During its history, FAP Turbo robot has only lost 0.35% at maximum in any account!

FAP Turbo comes with a series of training tutorials to help you setup the system and all your screens. Each video is 5 minutes in length, without filler, and very professionally done. Now that you have the system all set up, your Forex trading robot will place trades for you on auto pilot. Your Internet connection must be active for the system to run. Forex is a 24/5 activity so when ever your computer is turned on you can trade. Forex has a hosting service to host your robot on a server so if you want the trades to take place even when you are offline the hosting server will let it continue to trade for you. Expert brokers will monitor the trades and open orders for you when needed.

Take your time and get use to the screens and the options of the FAP software. I recommend doing a demo account as a start with the Forex trading robot. You will be able to run the program with virtual money without risking real cash. Once the system is fine tuned and you have the results that you want on the demo account you can then go live. This is very important you do this. - 23212

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