I will be opening my account with $1000.00 with metatrader4 in the forex market, I've been doing my research and have found that FAP turbo is the automated "robot" I want to use to help with my trading.
What kind of results do you guys think I can get with starting with such a little account ( $1000.00 ) I'm not expecting to get rich quick at all, just start making money and eventually be my only source of income.
Thanks everyone
-Jose
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May 28th, 2009 at 11:39 am
Everything there is to know about all the expert advisors:
http://CompareExpertAdvisors.blogspot.com
May 28th, 2009 at 11:39 am
I already purchased fap turbo 3 months back ,still now i got 90% winning trades,i am fully satiesfied with results.I recommend you to $1,000 - 5,000 USD or train on a Demo account until you are satisfied with the performance.If you are not satisfied you can get your money back within 60 days.Best Of Luck.
May 28th, 2009 at 11:39 am
Hi Jose,
They advertise a winning trade percentage of over 96%. There is no such thing as a trading system or robot that can sustain a 96% winning percentage over the long term.
Trading systems of this type usually show very short hypothetical track records that usually highlight the system's best period of performance. The end result is that you are unlikely to experience the types of returns they advertise.
Also the risk/reward ratio of most Forex trading systems with 96% winning trades is a recipe for disaster.
I know that I may sound negative, but I write this in hopes of saving you and other people entering into the markets some time, money, and grief.
I hope that you will take your time and learn to trade Forex properly. It's easy to start with a demo account without risking any actual capital initially.
Good luck to you in your trading.