*Interested People* Update: FAPTurbo and MegaDroid
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Hello Interested People,
Because I sent the link for the new AI robot, I have had a ton of questions about FAPTurbo and how it is doing. So, I pushed it up to the front of the line for updates.
I still love FAPTurbo. It has made me money over all and most of the people I manage accounts for as well. But, it is not suited to all market conditions, alas. Seriously, in backtesting, it only made profit... month after month. Until you get to January 2009 and then all backtesting has rocky results.
I hear you saying "yeah, of course... we bought FAP in January!"... I know, I know. But as I said, it does make money and most people are still in profit.
We had a bad day in January and that set us back because we were just starting then. And then last week was pretty much catastrophic with three bad days in a row (this didn't even happen once in backtesting!).
I think last week's bad results were a combination of the time change (I will always, in the future, turn off my FAP robot in the time between when the US goes into daylight savings time and the rest of the world does (1-2 weeks later)). There was a weird overlap of traders around the world trading earlier than usual and it caused the market conditions that FAP avoids, at a time that it usually never sees these conditions.
That, along with the Fed announcing its plan to buy treasuries (fabricate more money), sent the USD into a 500 pip headspin in a matter of minutes.
I have turned off my FAP robot until after the G20 meeting this week and all my managed accounts as well. The market conditions that NO robot can overcome is the conditions created by the news!
All that said, overall, FAP works wonderfully. I love it, it make us money. If you have been using FAP on your own and have not made money, then you probably need to adjust your settings, stop trading the USD/CAD combo and maybe find a better broker (my IBFX acct is almost useless with most of the FAP trading because the spreads are too high at trading time. I use it mostly for Eur/USD trading. I use FXOpen because of the fixed spreads and have very good results there.)
So..... although we are in very unusual market conditions right now, overall I am VERY happy with FAPTurbo. I can't honestly say it will work well at all times, because obviously there are times when it doesn't, as we saw last week.
If you are using FAP and are not happy, please contact me and lets discuss your settings and your broker. And PLEASE, just turn it off this week until after the G20 meeting is over. No point in fighting what the NEWS can do to the markets.
If you want more info about FAPTurbo, please see:
http://fapturbomakesmoney.com/
In the meantime, yes... now that I understand how the robots work, trading your account for you, I am interested in this new one, the artificial intelligence one... megadroid.
After I test it, if I find it satisfactory, I will use it along with FAPTurbo. You can use more than one robot on the same platform in the same trading account. No problem. And of course, if you aren't technically inclined and want to give it a try, I can help you with it all thru the magic of the VPS remote access, as I do for several people now with FAPTurbo.
If you are even thinking about trying it, you should buy it now while the price is $97... you have 60 days to get a refund if you don't like it or don't like the results. There is no hurry, other than the introductory price.
I will test it and let you know if it is worth it, but the price will surely go up very soon. It always does with the new robots.I can't answer more questions about it yet, I posted the url and ran to get my kids from school and I am writing this in bits as I run back and forth to the kitchen getting dinner ready. LOL I will get it set up in the morning and start seeing how it works. Will let you know, don't worry.
Link for new robot is:
http://suzanna.fxdroid.hop.clickbank.net/
link for FAP is at :
http://fapturbomakesmoney.com/
Sorry to rush this, but I was getting so many emails about FAP and how this new robot, that I had to get an update out ASAP.
Have a good one and more updates tomorrow, I promise! And please, have mercy... I will get caught up on emails tomorrow as well. Mea culpa...Thank you!
Suzanna
March 31st, 2009 at 1:29 pm
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