At this point I'm trying to get a refund of fapturbo, but no such luck.
I purchased this program over a month ago. To date I have made numerous calls, and I cannot get the program to run on the MT4 platform. At this point I'm trying to get a refund, but no such luck. Seems like a scam to me. I really can not understand the resellers of Fap Turbo claiming how well the EA works and the "raving reviews" some traders send to them. I personally am quite disappointed with FapTurbo performance. Since the first day of release when I bought the EA til today January 6, the Ea made some money but certainly not the amount it should as the authors claim. The first day it lost me $30-00. Problem is the wins are very low but the losses are gigantic in comparison to wins, $50-34 was the biggest loss, which is 25% of my all winners. There are more losses: $34-00, $17& $6 last December. Today, January 6 the EA lost two big trades with sum of $26-00 loss. Yesterday it lost $18-00 all on mini account. I have noticed that if the EA bought where it is selling and vice versa, it could performance much better. I advise the traders to notice this problem. Another problem is that every time the EA is updated the first few trades are losers. Traders must pay close attention to settings every time the new upgrade is attached to the chart. Also the monthly upgrades is quite tedious and I believe unnecessary being at the mercy of the Authors of this EA.
Bi monthly or even quarterly should be sufficient.
To conclude, my live trading account is up $300-00 for the last 6 weeks with starting acc $1850-00 not much to rave about. Certainly the EA does not doubles the account every week as the authors claim. Those claims on their web page should be immediately corrected.
Hopefully January will be more profitable.
Cheers,
Ferdinand
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