Generally scouting out possible Forex trading software programs online, we are sucked in by false claims and tactics employed by the software creaters or their affiliates to falsely represent the program’s true value.
One widely used tactic is to show the “back test” results.
The back test results give the results of the software running in demonstration mode. Although they do give a good representation of how well the software is able to perform, they could be altered to give mis-representation.
The thing you need to pay attention to is the equity curve (showing your potential rise in earnings each day/week/month).
One visiting the FAP Turbo review site and paying close attention to the back test equity curve, FAP Turbo seemed at first just like so many of the other Forex trading programs out there…just a touch too good to be real.
Albeit, to determine whether the FAP Turbo software is legit or not, we must check on the following factors:
1. Percentage Of Wins
The most important key to a good Forex robot is the winning percentage it produces. Often, people take figures that are based on 2 weeks as factual, but the real secret is to look at long term figures for a better representation.
What surprised me with FAP turbo is that the overall winning rate in the past 9 years has been 95% on average, with live testing showing even better winning percentages.
So without a doubt, this software can make you cash from this factor alone.
2. Drawdown
Drawdown is the next important point to consider when choosing Forex trading software because this actually measures the maximum percentage of capital that the software has lost.
It’s important to know that the average Forex trading software can have drawdowns of around 10% or even 20 %. After thoroughly testing the FAP Turbo system, We were pretty excited to see that their automated software boasts an average drawdown of only 0.35%…rather impressive.
As you can see, these stats are fairly promising when it comes to deciding upon Forex trading software that will make you money on autopilot.
What we realised during our extensive review (see bottom of article) is that FAP Turbo seems long term rather than short term, and makes money from trends that are more stable as a result (probably why the success rate is far more predictable for so many people).
We also discovered even before testing the software that the videos, screenshots and other elements of proof on their website are very consistent…because the back test results and the live results share a similar pattern of equity growth, whereas many bogus programs will show inconsistencies in their results because their back tests are falsified to the actual performance using different rules in demo mode compared to that in real live trading).
In light of the the substantial evidence and the impressive trading figures that FAP Turbo has been delivering for almost ten years now, it’s forget about such a powerful piece of software.
