FAP Turbo Settings Guide

The new FAP Turbo Evolution is launching today and the doors are opening soon ... or may already be opened, but not for long because they have a limited number of FAP Turbo Evolution being released to public. You can read more about it in the the post the FAP Turbo Expert Guide guys did a few days ago called FAP Turbo Evolution to Join FAP Turbo Expert Guide Coverage.

If you haven't seen the awesome performance from the beta testers then be sure to have a look because they are rather mind blowing.

I also hear they were still giving away access to their FAP Turbo Expert Guide as well.

Anyway, the important point of this post is to just to remind you that they are launching FAP Turbo Evolution today and that you need to get in fast before it's too late because they will sell out fast.

Go get FAP Turbo Evolution

The correct FAP Turbo settings will go a long way in helping even those with minimum Forex experience make profits.

However, without a decent understanding of the FAP Turbo settings, novices can find themselves in quite a dilemma when attempting to improve their monetary returns.

Rob Casey's FAP Turbo Expert Guide overcomes these problems by presenting a prudent and methodical process which enables all setting adjustments to be made safely. This process is designed to perform best using the FAP Turbo Scalping mode.

The general idea behind any scalping method of trading is to reduce risk by getting into a trade and then out as quickly as possible thereby limiting risk exposure during a trade. This is repeated a large number of times for a small low risk gain each time.

Attacking the markets in their off hour is the strategy of the FAP Tubo scapler, waiting until the markets have settled into a tight predictable range pattern. The time period selected is usually between 9.00pm and 1.00am GMT but, like most parameters, these can be tweaked for better performance.

Europe, UK, Switzerland, USA and Canada do not release any national fundamental data during this time period and as such the Forex market can be very quiet with low volatility.

Fundamentally, the designers of FAP Turbo have identified a time period when the Forex Beast is most likely asleep providing the ultimate chance for the scalping mode to succeed. Under these conditions, FAP Turbo can provide a win to loss ratio of 90% plus. However, there will always be losses because the Forex market will react to any breaking news such as natural disasters, bank collapses or better-than-expected corporate profits etc.

The FAP Turbo scalping mode is fined-tuned to optimize the chances of successfully detecting profitable trades whilst filtering out rogue ones.

Under these very sensitive conditions, problems can arise if the FAP Turbo settings are adjusted without fully understanding the possible resultant impacts on profitability.

The FAP Turbo Expert Guide provides clear guidelines that will help users, especially novices, through this potential quagmire of uncertainty.

FAP Turbo Expert Guide recommends initially focuses on the following settings: GMT, StopLoss, Scalper_OneTrade,  Scalper_OneOpenTrade.

The process starts by defining a Low Risk Strategy, using a configuration of settings, that controls trading as follows; only one currency pair can be traded with a very low risk value, only one trade is permitted a day and only one trade is active at any time.

This configuration is first demo tested using at least a sample batch of 30 trades; then moved onto real live money testing whilst bringing the next settings configuration into the demo test phase.

Risk Strategy is improved by altering just one setting at a time until a HIGH RISK configuration is reached which controls trading as follows; more than one currency pair can now be traded with much higher risk values, more than 1 trade is allowed a day and more than one trade can be active at a time.

By adopting this methodology that promotes advancement in small steps using commonsense, the FAP Turbo settings can be carefully altered with much more predictable results.

Check out the FAP Turbo Expert Guide to learn the proper way to work with the FAP Turbo settings for maximum profits.

Choosing a decent broker for FAP Turbo isn't an easy task I've discovered. While the FAP Turbo guys have endorsed the broker FXCBS I'm not too sure I'm ready to jump on board after reading the following post from the FAP Turbo Expert Guide titled 'FXCBS Broker - Is This a Joke?'.

Rob's warning for FXCBS seems fair to me and points out two reasons to be cautious;

First is that FXCBS is not NFA regulated. Normally I would agree with this being a bit of a red light but I have to say I'm not too keen on the NFA's recent announcement that they will be dissallowing hedging in a starting in a couple weeks. I'm really starting to question the purpose of the NFA as to whether they're real intention is to watchout for the little guy or to watch out for the large FOREX liquidity providers who lobby the NFA and try to keep the smaller brokers from entering their space.

I realize there are pros and cons to the NFA but I think that the requirement for my broker to be NFA is becomming less provided the broker I choose is reputable and in a juristiction I understand.

Which brings me to GallantFX. This broker is the broker recently endorsed by Charles from FAP Winner. GallantFX is also not an NFA member. Interestingly, Charles from FAP Winner made similar remarks about the B.S. with the nwe NFA hedging rules and is one of the reasons he's also not stuck on his broker being NFA.

You can read Rob Casey's perspective on GallantFX in his FAP Turbo Expert Guide post titled 'FAP Turbo GallantFX and the NFA'.

So both FXCBS and GallantFX are not NFA regulated, but at least GallantFX the introducing broker for a parent company who is an SEC member. Not sure how much that helps these days ;)

Anway, this brings us to the second reason Rob seems to be hesitant on the FXCBS broker and that is that you can't seem to get a hold of them when you need to. I think this is one of the  fundamental differences between the FXCBS broker and the Gallant FX broker. NFA issues aside, if you can't get in touch with the people who have your money is it still your money?

Maybe that's a bit harsh but seriously, if you can't get anyone on the phone and their website doesn't give you any real background on the people behind the operation then you have to wonder what kind of an operation it really is?

Maybe FXCBS will turn out to suprise a lot of us and become the FAP Tuirbo broker of choice but in my mind I think I'm going to give GallantFX a try instead. When I called GallantFX in the phone I got through to them right away and they were hugely helpful.

And of course they offer Straight Through Processing which is always a bonus not to mention their  FREE expert advisor hosting.

I'm going to start with a demo account at GallantFX and see where that takes me and my fancy new FAP Turbo robot.

Rob from the FAP Turbo Expert Guide has just added a great new section to his FAP turbo settings guide that deals with the issue of those rare losing trades that seem to take a bite out of the profits every now and then.

Last week was a great example. After having 12 winning trades in a row with FAP Turbo scalper I had one large losing trade that wiped out about 50% of my profits from the previous week. The problem is often talked about, but this is the first time I've seen a real solution to the problem.

By using the pro version of FAP Turbo you can effectively control the stop loss values rather than being stuck with the default values which are way too wide.

I'm not sure, but I think the reason so many robot makers set their stop losses so wide is so they can show a higher number or percentage of winning trades which helps them in their marketing. It's too bad because a more sensible stop loss may not look as good to newbies on their marketing pages, but the reality is the profit will increase in the long run as Rob has demonstrated .
Anyway, there's some pretty good advice on how to use these pro FAP Turbo settings as well as some tests demonstrating how to find the right stop loss for FAP Turbo.

Here's the FAP Turbo Expert Guide post on using the FAP Turbo Stop Loss settings.

I've been reading through the FAP Turbo Expert Guide and so far I'm pretty impressed. In fact today I emailed Rob Casey and actually got a response to my questions. OK, maybe this is expected, but you'd be surprised how many times I've emailed people after buying their product and never hear from them.

So I started demo testing his low risk FAP Turbo setting suggestions last week and already have a bunch of successful trades. I know this doesn't mean much yet but you have to start somewhere. Rob suggests you need at least 30 trades before you can even begin to judge a trading system and many more for real accuracy. Fortunately with FAP Turbo this won't take too long because it seems to make a couple trades a day so far.

One of the things I like about the FAP Turbo Expert Guide so far is the honest no hype advice he gives. His section on risk and money management makes a lot of sense. Also his section on calculating the expectancy of your robot is pretty good to.

Rob's approach is kind of comforting (I hope that's not weird sounding) because he explains the risks and tries to encourage you to not take too much risk. He seems like a realist and ismore interested in my long term success rather than just blowing smoke up my ass like most of the marketing material out there does.

I feel confident that a common sense approach to using FAP Turbo will prevail in the long run.

Rob say's he got some more material on how to reduce the risk of the big drawdown coming in the next day or so. I'll let you know when I know.

I've been trading with FAP Turbo for a couple weeks now and have started getting into all the various FAP Turbo settings. I've found a lot of bad info on the web so in an attempt to sort it all out I'm going to record my investigations and results here on this blog. I hope it helps you.

I've heard some good reviews about Rob Casey's guide for FAP Turbo settings which I got free as a bonus from his site. Let's cross our fingers :)

There's a lot of FAP Turbo settings that can be adjusted to control how FAP Turbo trades and manages money. In fact it can be a little tempting at first to just dive in and start messing with the settings but I know from experience I need to do this systematically.

So far the FAP Turbo Expert Guide seems to be the real deal and Rob seems to know what he's talking about. Time will tell though. Anyway, Rob's got a list of FAP Turbo settings for the scalper strategy, actually a bunch of groups of settings so that you have a number of configurations to choose from .

The nice thing about his FAP Turbo settings groupings is that they're organized into low risk, medium risk and high risk strategies that allow you to start with low risk and then incrementally step to the next level when you feel comfortable. This makes sense because we always want to move cautiously when increasing risk to increase profits.

The FAP Turbo settings he suggests range from lower risk configurations that deal with one currency pair and only trades once a day. Then the configurations move through different levels of risk and reward by adding additional currency pairs, adjusting position size and adding the ability for multiple concurrent trades.

Rob's explanations of why changing certain FAP Turbo settings increase or decrease risk so it feels like I'll be learning a lot and not just getting a bunch of settings thrown at me with out explanation. There also seems to be a real appreciation  for risk and money management in this guide which is encouraging.

As I said only time will tell if the settings in his FAP Turbo Expert Guide will prove out to be profitable, but  one thing I'm sure of already is that if you're going to give FAP Turbo a try then getting this free FAP Turbo settings guide is a no brainer.