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.
4 Comments
Alina
10/20/2009 07:11:09 am
The settings in the Fap Turbo Expert Guide apply for any country? 6/10/2012 06:51:33 pm
The life of people, always has to avoid ups. Not always such as sun dongsheng, also won't always was painful. Repeated a float a heavy, to a person, it is tested. Therefore, float on it, and don't have to pride; Under the sink in, don't need more pessimistic. Must be blunt, modest attitude, optimistic and enterprising, forward. 6/10/2012 06:56:19 pm
The life of people, always has to avoid ups. Not always such as sun dongsheng, also won't always was painful. Repeated a float a heavy, to a person, it is tested. Therefore, float on it, and don't have to pride; Under the sink in, don't need more pessimistic. Must be blunt, modest attitude, optimistic and enterprising, forward. 6/10/2012 07:01:13 pm
The life of people, always has to avoid ups. Not always such as sun dongsheng, also won't always was painful. Repeated a float a heavy, to a person, it is tested. Therefore, float on it, and don't have to pride; Under the sink in, don't need more pessimistic. Must be blunt, modest attitude, optimistic and enterprising, forward. Leave a Reply. | As the launch day for the sale of the Forex Robot World Cup robots approaches, the FREE Forex Robot World Cup Expert Guide Bonus for the FRWC Royal Trader package is generating a lot of buzz. The Forex Robot World Cup is literally changing the Forex Robot industry and bringing a much needed jolt of integrity and honesty to the industry while doing a huge service in running the Forex scammers out of town.
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