Sunday, February 8, 2009

FAP Turbo - The Real Deal or Pure Hype?

By Dwayne Huff

FAP Turbo is really just an abbreviation of a new software program known as "Forex Auto Pilot Turbo" that traders can download. While most software programmers tend to speak highly of the programs they develop, FAP, which enhances one's Forex Trading ability, is being spoken very highly of, not only by the programmers themselves, but also by those who are already using it.

Claims of going to bed a pauper and waking up a prince are farfetched and luckily FAP Turbo doesnt make such outrageous claims or they would not be taken seriously. For the cost of $149.00, you get the software and a 64-page manual in PDF format. Often times, reading a bunch of technical jargon will put you to sleep but its best to read the information given. You might find something that you didnt think about or realize that this little addition could help you reach your financial goals.

Yes, FAP Turbo does make certain claims. For example, it says that it's possible to change $370 into $7300. Likewise, it also claims that one can turn $2500 into as much as $8700, but before we get over hasty in passing judgment against such claims being made, they also make it known that these figures are essentially the optimum results achieved, and after all, who can blame them for making these success stories known to the public.

Whether you trade using special software or not, it's always advisable to have a broker and one who also has the same trading parameters as you do. Of course, the last thing you need is for your trading robot to get involved with high risk trading and this can easily happen if you set it up to trade higher than you're actually accustomed to. It can't be stressed enough just how important this is, as far as setting up your FAP software is concerned. Likewise, you need to ensure you're absolutely familiar with the software because if you're not, there will always be the risk of loosing everything.

The built in Lot Risk Reductor is a great feature which one can set accordingly during times when the markets are considered to be risky, or at best, volatile. While adjusting these settings will certainly lower your risk factor substantially, you can still allow FAP Turbo to continue trading, safe in the knowledge that any resultant losses will at least be minimal.

Realistically speaking, anyone who is wanting to enjoy the freedom one can experience by having their trading on auto pilot, needs to accept the fact that mistakes can and do happen. Likewise, it would be unrealistic to expect everyday to be the ultimate trading experience and really, you'd be well advised to make use of the online FAP Turbo forums, where you can have discussions with other like minded people who are also using the same program. It's an undeniable fact that such forums provide the most insight into a product, even more so that customer feedback and you'll very likely find that you stand a better chance of learning new trade secrets at the same time.

Knowing which type of trader you are will help you use FAP Turbo with confidence, if you are a conservative trader then your profits wont be as high but thats okay, we all have to start somewhere. High risk traders have been doing this for a while and understand the market, learning from them will give you valuable information. Be patient while you figure the software out and give yourself a couple of weeks to understand how it can work for you.

Once you've downloaded the FAP Turbo software and you've read through the 64 page manual, you can go ahead and set the parameters, effectively putting an end to unnecessary guesswork. - 21151

About the Author:

No comments:

Post a Comment