FAP Turbo - Getting the Most Profit From Your Forex Robot
The FAP Turbo has rapidly established itself as one of the most profitable and sought after forex trading robots on the market. People are no doubt attracted to the thought of simply plugging in a a Forex Robot and watching their account grow as they sleep. It all sounds really easy and the most effortless way of making money there is available. Like everything else though, the truth is always more complex than that which first meets the eye. Whilst you might strike it lucky and go straight into profit, it is likely that without some market experience and knowledge of tuning Forex Robots you will lose money. Lately the market conditions have changed greatly meaning that few if any automated trading systems function with the same effectiveness. They need to be "tuned" to function in the prevailing market conditions.
Another important factor is which forex broker you use. Not all forex brokers are the same. Often the quality of their data feed and the amount of slippage they implement will decide whether or not you are profitable. Do forex brokers manipulate the price/data feed to your robot? For a large percentage of forex brokers, and I have tried perhaps 40, the answer is yes. They do often manipulate prices through such things as slippage, delaying, holding trades and generally providing poor trade execution. I have witnessed this myself on very many occasions.
Often when testing robots I would witness the same robot make a profit with one broker only to be losing or making a considerably smaller profit on another. In the past I have experienced first hand brokers who either refuse the use of FAP Turbo through their brokerage or place all the FAP Turbo traders on a different trading server with altered trading conditions. When brokers start to take notice of a particular Forex Robot, it is probably a good indication that it is profitable.
That is all good and well but how do you know which broker to choose, or which ones to avoid? There is the old trial and error method that will help you work out eventually which broker to use, if you don't send yourself broke in the meantime. Or alternatively you can check around the myriad of forex forums for some guidance on which brokers to use. Just keep in mind that everyone seems to have an opinion on this subject of what constitutes a fair and honest broker and many also may have a commercial interest in referring you to a particular broker. Keep these factors in mind when you choose a forex broker.
As Forex Robots get more complex, so does the process of tuning them to best suit the market conditions relevant at the time. Changing the robots myriad of settings can radically effect the way the robot trades and ultimately decide if you make a profit or not. Demo trading can assist in the tuning process but of course demo trading can only try and emulate actual market conditions and trade execution. Small variations in either of these really can have a dramatic effect on the profitability of a robot, especially those that take a relatively small profit per trade such as the FAP Turbo.
Optimizing the settings for FAP Turbo can be a time consuming and somewhat frustrating task as you really need to be forward testing the robot, as experience as shown that while back testing can give you some indication of relative profitability ultimately of course it largely depends on the quality of your price data and can not factor in such things as the quality and speed of your brokers trade execution. Whatever you have read on forums, back testing is very limited in its scope and accuracy and can therefore only give you a very broad indication of whether your settings will prove to be profitable. To bypass this task you also have the option of using The FAP Turbo Expert Guide. The FAP Turbo Expert Guide was written to cater for forex traders of all levels of experience so that all readers can get the most out of it. It was written by Rob Casey who is suitably qualified to be an expert in his field of developing and tuning forex automated trading robots. The guide gives you all the information you need to easily optimize your FAP Turbo robot and start trading profitably.
Another factor you need to consider is the impact of recent changes in NFA regulations. This has had a tremendous impact on the retail forex industry globally. We have witnessed monumental changes with the biggest players in the retails forex industry and the full ramifications of these changes are still being felt. Many brokers have shifted their client base or a significant percentage of it offshore to Europe, Australia and the Middle East. - 23208
Another important factor is which forex broker you use. Not all forex brokers are the same. Often the quality of their data feed and the amount of slippage they implement will decide whether or not you are profitable. Do forex brokers manipulate the price/data feed to your robot? For a large percentage of forex brokers, and I have tried perhaps 40, the answer is yes. They do often manipulate prices through such things as slippage, delaying, holding trades and generally providing poor trade execution. I have witnessed this myself on very many occasions.
Often when testing robots I would witness the same robot make a profit with one broker only to be losing or making a considerably smaller profit on another. In the past I have experienced first hand brokers who either refuse the use of FAP Turbo through their brokerage or place all the FAP Turbo traders on a different trading server with altered trading conditions. When brokers start to take notice of a particular Forex Robot, it is probably a good indication that it is profitable.
That is all good and well but how do you know which broker to choose, or which ones to avoid? There is the old trial and error method that will help you work out eventually which broker to use, if you don't send yourself broke in the meantime. Or alternatively you can check around the myriad of forex forums for some guidance on which brokers to use. Just keep in mind that everyone seems to have an opinion on this subject of what constitutes a fair and honest broker and many also may have a commercial interest in referring you to a particular broker. Keep these factors in mind when you choose a forex broker.
As Forex Robots get more complex, so does the process of tuning them to best suit the market conditions relevant at the time. Changing the robots myriad of settings can radically effect the way the robot trades and ultimately decide if you make a profit or not. Demo trading can assist in the tuning process but of course demo trading can only try and emulate actual market conditions and trade execution. Small variations in either of these really can have a dramatic effect on the profitability of a robot, especially those that take a relatively small profit per trade such as the FAP Turbo.
Optimizing the settings for FAP Turbo can be a time consuming and somewhat frustrating task as you really need to be forward testing the robot, as experience as shown that while back testing can give you some indication of relative profitability ultimately of course it largely depends on the quality of your price data and can not factor in such things as the quality and speed of your brokers trade execution. Whatever you have read on forums, back testing is very limited in its scope and accuracy and can therefore only give you a very broad indication of whether your settings will prove to be profitable. To bypass this task you also have the option of using The FAP Turbo Expert Guide. The FAP Turbo Expert Guide was written to cater for forex traders of all levels of experience so that all readers can get the most out of it. It was written by Rob Casey who is suitably qualified to be an expert in his field of developing and tuning forex automated trading robots. The guide gives you all the information you need to easily optimize your FAP Turbo robot and start trading profitably.
Another factor you need to consider is the impact of recent changes in NFA regulations. This has had a tremendous impact on the retail forex industry globally. We have witnessed monumental changes with the biggest players in the retails forex industry and the full ramifications of these changes are still being felt. Many brokers have shifted their client base or a significant percentage of it offshore to Europe, Australia and the Middle East. - 23208
About the Author:
To maximize your chances of succeeding with FAP Turbo visit Brendan's Website and learn to Get The Best Profit From FAP Turbo.
posted by X - Men @ 8:28 AM
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