First Trade Results. Is FAPTurbo Making Money Yet?

March 28, 2009
By admin

I set up FAPTurbo Automated Forex Robot earlier today which I wrote about in my last post. This evening FAPTurbo has already made 5 trades on the short term trading strategy and all of them were winners. The total gains were $41.83. I was using the default settings and the lot size was at 0.1 which from what I understand means it is trading mini lots. I just changed that setting to 1.0 so now it should be trading full lots. That should be just fine for my account size. If it had been using full lots then todays gains would have been $418.30. Either way I say not bad for it’s first day on the job. I’ll post again tomorrow with the end of the week results.

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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.