FAP Turbo Review
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One of the biggest fears among the equity players is the bear market. There is no such thing in the foreign exchange markets. Whether the US dollar reaches record highs or record lows, the market is active and liquid...”
— Cornelius Luca, Trading in the Global Currency Markets, Penguin Group (USA), 2007.
Review
For those unfamiliar with FOREX, the acronym is the commonly used abbreviation for the Foreign Currency Exchange. FAP — as in FAP Turbo is an acronym for Forex Auto Pilot — that is to say, a Foreign Currency Exchange automated program (often referred to as a trading robot) designed to make profitable Forex trades without human intervention.
While such programs are not entirely new to the exchange markets, FAP Turbo represents the best of the next-generation automated Forex traders. It relies on a sophisticated set of modeling algorithms designed to recognize and execute profitable short- and long-term trades. What is especially noteworthy about FAP Turbo is that the program was designed to run on home computers so that individual traders can leverage programmed advantages previously available only to established trading institutions. We found that to be a very exciting proposition.
Further, as the program is available to the general public, the cost of its research, development and upgrading is spread across many users rather than a handful of companies, making what would have been a significant investment, affordable for almost everyone.
Since the world's currencies were allowed to float freely in 1973, the foreign currency exchange market has been gathering momentum at an astounding pace. Today, its volume exceeds $1 trillion daily. For those traders who know the intricacies of this often misunderstood market, the rewards can be stupendous. George Soros' Quantum Fund realized a profit in excess of $1 billion for a couple of days' work...”
— BarnesAndNoble.com.
Foreign Currency Exchange (Forex) Trading allows an investor to participate in profitable fluctuations of world currencies. Forex trading works by selecting pairs of currencies and then measuring profit or loss by the fluctuations of one currency's market activity compared to the other. For example, fluctuations in the value of the $ U.S. Dollar are measured against another world currency such as the £ British Pound, € Eurodollar, ¥ Japanese Yen etc. Being able to discern price trends in market activity is the essence of all profitable trading and this is what makes foreign currencies so exciting, currencies are the world's 'best trending' market. This gives Forex investors a profit making edge that is unavailable in most other markets.¹
Steve Carletti's FAP Turbo team is to be congratulated for perfecting a system that has proven to be the most accurate and profitable Forex robot available in 2010. The work his team has done is nothing short of remarkable, as they have utilized more than nine years of backtesting to fine tune and perfect FAP Turbo.
The program includes two separate systems to effect profitable trades — "scalping," a short term strategy that involves holding a position for only seconds or minutes in order to reap quick profits while limiting exposure; and "long term," designed to take further advantage of market fluctuations over a period of days and sometimes weeks.
Editors' Note: FAP Turbo is more of an automated online investment program than a job. It was included in our list of Top 5 Online Jobs because it scored so well against work-from-home programs and boasted extremely impressive results in both “dry runs” and live real-money trials.
You'll have to pry this one from my cold, dead hands.”
— Top 5 Online Jobs Editor
Also, everything you need to begin trading is provided, including detailed instructions on downloading and setting up the trading robot on your home computer, as well as information on opening a brokerage account, which brokerage firms you should choose from, and which firms you should avoid. Note that many traditional currency brokerages dislike the new breed of independent auto-pilot Forex traders because they understandably feel threatened by the success of FAP Turbo and many believe that individual automated traders are ruining "their" market with robotic Forex trades and fast profits.
Real Account FAP Turbo Test Results 12-01-08 thru 02-02-09
Please note: The screen shot thumbnail below right displays the results of an FAP Turbo 60-day test. The "scalping" strategy was utilized to produce a profit of more than $8,000 in account that started out with only $370. This was a real-money test and not a "dry run." That is a remarkable PIP (percentage in points) increase. It should also be noted that the program was allowed to run 24-hours per day without human intervention for two months. To do the same, you will need to leave your computer on or make use of a host server. You can decide what works best for you. Complete details are provided with the system.
Even with a minimum investment account, FAP Turbo should easily pay for your total initial investment within 30 days; however, it needs to be stated here that Forex trading does expose your capital to risk. Therefore, while FAP Turbo may be a boon to investors, it is not recommended for persons without a stable income source. Also, we would advise that you begin by "dry" trading — testing the tool with theoretical money and fine tuning the personalization settings to your comfort level, before actually funding your trades. So, while it is difficult not to like a program capable of producing consistent profits that blow measly S&P 500 results out of the water, we do not believe that this product is for everyone. Should you presently be struggling to meet your financial obligations, we would suggest that you give serious consideration to the other programs on this page as FAP Turbo's nearly $150 price tag could be an issue for students, the unemployed or those living on a fixed income. Further, we would also suggest that "newbies" begin with the scalping method as the long-term strategy is better suited to the savvy investor.
"Live up-to-the-minute" real money FAP Turbo test results are presently available for your inspection and may be accessed by using the "Additional Information" link below.
Will profiteering from FAP Turbo and automated home-use Forex programs be outlawed sometime in the future? We cannot honestly say. As larger currency brokerage firms do not enjoy being upstaged by new independent automated traders, they may well impose restrictions on personal accounts. However, if you meet the criteria detailed below, we suggest that you take advantage of this opportunity ASAP.
FAP Turbo is backed by a 60-day, money-back guarantee:.
If for ANY reason at all you feel FAP Turbo is not for you, just send us your trading screenshots (or call us...there is a support hotline available to clients) within the first 60 days after purchase for a complete no questions asked refund.”
— FAP Turbo Guarantee
FAP Turbo is also backed by ClickBank's 60-day, money-back guarantee:
ClickBank will, at its discretion, allow for the return or replacement of any defective product within 60 days from the date of purchase. For recurring billing products, returns for more than one payment may be provided if requested within the standard 60 day return period. After 60 days all sales are final.”
— Click Bank Return and Cancellation Policy FAQ
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FAP Turbo Additional Information
