FAP Turbo Critique – It’s First Losing Trades

March 31, 2009
By admin

Monday’s trading with FAP Turbo didn’t go as well as last week. It had two losing trades, but it also had two winning trades. The first three trades went quickly but one of the trades hung on for several hours as the market was consolidating and didn’t go anywhere. It eventually timed out and puled the trade with a $2.96 loss. The market eventually moved in the right direction and it would have been a winner if it would have hung on a little longer. Welcome to the forex, it happens to the best of us, even robots. With all the results of the trades Monday combined the total result was around a $2 loss for the day. But since last week out of 9 trades 7 have been winners.

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Forex Risk Disclosure. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.