Browsing Category: "Forex VPS"
FapTurbo double whammy in my FXPro account…
All I can say is…ouch. This past week I was hit with a double loss on the EURCHF pair which has badly dented my FXPro account. It seems that the pair were subject to a large movement and FapTurbo closed out at a significant loss on the trade.
This was doubly painful for me because the software had opened two trades simultaneoulsy so my loss was double. I’m still very uncertain about FXPro as a broker for FAPTurbo as my trading experience has not been that positive.
However, I am pepared to give it at least one more week to see if things can turn around. If not, then I’m going to transfer to another broker as soon as is practical.
What’s heightened my frustration this week is receiving about six different emails from different sources extolling the virtues of FAPturbo and how much money it is making for people. Now, I’m not convinced as it just seems that they are hyping up the product because it’s been a while since the orignal launch.
If you have been sitting on the fence on whether to buy FAPTurbo then my advice at the moment would be to do a lot of research and make sure that any claims made about profit can be substantiated fully.
One place you may want to try is FAPTurbo Review as they have been using the software for 15 weeks and provide a video update each week as to what has happened. They run two live accounts, one with FXPro and one with FXDD. The account with FXPro is in the region of 36% down (reflects what I’ve experienced) and with FXDD it’s 50% up.
Clearly, choosing a suitable broker is a critical element for success.
This was doubly painful for me because the software had opened two trades simultaneoulsy so my loss was double. I’m still very uncertain about FXPro as a broker for FAPTurbo as my trading experience has not been that positive.
However, I am pepared to give it at least one more week to see if things can turn around. If not, then I’m going to transfer to another broker as soon as is practical.
What’s heightened my frustration this week is receiving about six different emails from different sources extolling the virtues of FAPturbo and how much money it is making for people. Now, I’m not convinced as it just seems that they are hyping up the product because it’s been a while since the orignal launch.
If you have been sitting on the fence on whether to buy FAPTurbo then my advice at the moment would be to do a lot of research and make sure that any claims made about profit can be substantiated fully.
One place you may want to try is FAPTurbo Review as they have been using the software for 15 weeks and provide a video update each week as to what has happened. They run two live accounts, one with FXPro and one with FXDD. The account with FXPro is in the region of 36% down (reflects what I’ve experienced) and with FXDD it’s 50% up.
Clearly, choosing a suitable broker is a critical element for success.
FAP Turbo still slow for me…
Last week FAP Turbo was very quiet for me with only 2 trades resulting in a small loss of about $1. When I checked the results for yesterday I saw that there was another loss of approximately $10 so for me there is still some way to go before I see any real return.
Now, this may be because the spreads that FXPRO use are still outside the range that I’ve set in the EA but in a way I’m working on the basis that being out of the market is not such a bad thing.
I think I’ll leave things as they are for this week and then review things for next week. There are quite a few sources of information around people using FAP Turbo so this will be a good starting point when I review everything.
FAP Turbo releases new version…
Yesterday I received an email to tell me that FAP Turbo has a new version to download. The new version 36 is available for download in the members area. Updates include better management of broker offquotes and the ability to trigger sounds when FAP Turbo makes a trade. There is also a facility to have emails sent to you once a trade is made.
This update was issued slightly ahead of the planned one for the 15th January so there is time to install before version 23 becomes inactive. One thing I did notice was that version 36 is valid until mid March so an extra month built in there.
Following fairly quickly on from this email was another one to say that some people were having problems getting the latest version active in their live account. If this happens you will need to go back to the member area and request a new activation code for the live account. To facilitate this FAP Turbo have ‘flushed’ activation codes for existing accounts.
I installed the new version on my VPS yesterday and as it was the weekend I waited until today to fully activate it. As it happened I had the problem described above with activation but it was soon remedied by requesting a new activation code for my live account. All now seems to be working and I will monitor later on tonight when it is likely to trade.
This update was issued slightly ahead of the planned one for the 15th January so there is time to install before version 23 becomes inactive. One thing I did notice was that version 36 is valid until mid March so an extra month built in there.
Following fairly quickly on from this email was another one to say that some people were having problems getting the latest version active in their live account. If this happens you will need to go back to the member area and request a new activation code for the live account. To facilitate this FAP Turbo have ‘flushed’ activation codes for existing accounts.
I installed the new version on my VPS yesterday and as it was the weekend I waited until today to fully activate it. As it happened I had the problem described above with activation but it was soon remedied by requesting a new activation code for my live account. All now seems to be working and I will monitor later on tonight when it is likely to trade.
My Forex Auto Scalper goes live on Forex VPS…
Having used Forex Auto Scalper for a week now on a demo account with FXPro I decided yesterday that it should be added to my live account.
Currently I trade EURGBP and EURCHF live using FAP Turbo. As mentioned my account is with FXPro and their MetaTrader 4 platform is loaded up on my ForexVPS account. This is a virtual server that means I don’t have to worry about running the service on my own computer and the potential problems that might bring.
Having made the decision to trade Forex Auto Scalper on my live account I had to get the EA from my PC to the VPS. I tried a couple of methods but ended up using FileFactory to upload the file from my PC and then download it on the VPS. Not particularly elegant and I’m wondering whether I could have used the Remote Desktop facility in XP, anybody have an idea on that at all?
One of the constraints that FXPro imposes is that I have to use fixed lot sizes rather than the recommended method. This doesn’t seem to have been a problem with FAP Turbo so I’m hoping it won’t be here.
As Forex Auto Scalper trades the EURUSD it is in play from 7AM GMT to 4PM GMT which works nicely with FAP Turbo as that trades from about 8PM GMT through to the early hours.
It will be interesting to see how the Forex Auto Scalper works on a live account as there is always a difference from a demo account.
Check back to see how things go from tomorrow.
Currently I trade EURGBP and EURCHF live using FAP Turbo. As mentioned my account is with FXPro and their MetaTrader 4 platform is loaded up on my ForexVPS account. This is a virtual server that means I don’t have to worry about running the service on my own computer and the potential problems that might bring.
Having made the decision to trade Forex Auto Scalper on my live account I had to get the EA from my PC to the VPS. I tried a couple of methods but ended up using FileFactory to upload the file from my PC and then download it on the VPS. Not particularly elegant and I’m wondering whether I could have used the Remote Desktop facility in XP, anybody have an idea on that at all?
One of the constraints that FXPro imposes is that I have to use fixed lot sizes rather than the recommended method. This doesn’t seem to have been a problem with FAP Turbo so I’m hoping it won’t be here.
As Forex Auto Scalper trades the EURUSD it is in play from 7AM GMT to 4PM GMT which works nicely with FAP Turbo as that trades from about 8PM GMT through to the early hours.
It will be interesting to see how the Forex Auto Scalper works on a live account as there is always a difference from a demo account.
Check back to see how things go from tomorrow.
My FAP Turbo and FOREX VPS working together…
This is the first week that I’ve had my full setup done for the FAP Turbo EA. It took a while to get things working correctly on my Virtual Private Server (VPS), Forex VPS so if you are considering using such a service then please make sure you allow some time to get everything working correctly.
Initially I had problems getting the screen resolution on the VPS correct but did manage this eventually. I think one of my other programmes was interfering somehow. Once I had that set up getting the FX Pro Meta Trader installed gave little problem.
Installation of FAP Turbo went relatively easily although it did take a few attempts for my account to be recognised.
The Forex VPS service costs $35 a month which I think is a worthwhile investment as it means I don’t have to worry about any problems with my broadband connection or other technical issues.
The first week of trading in this way has shown a profit on my live account although there was a loss on Monday which everyone suffered from. Hopefully it will be onwards and upwards from here.
Initially I had problems getting the screen resolution on the VPS correct but did manage this eventually. I think one of my other programmes was interfering somehow. Once I had that set up getting the FX Pro Meta Trader installed gave little problem.
Installation of FAP Turbo went relatively easily although it did take a few attempts for my account to be recognised.
The Forex VPS service costs $35 a month which I think is a worthwhile investment as it means I don’t have to worry about any problems with my broadband connection or other technical issues.
The first week of trading in this way has shown a profit on my live account although there was a loss on Monday which everyone suffered from. Hopefully it will be onwards and upwards from here.
