FAPTURBO: Is this just a gadget, or is it for real?

By , 13 July, 2009, No Comment

I have never been much on automated trading systems, so called black box systems, and reviewing this much talked about program was simply on my list of “to do’s.” I have a disinclination to Trade Forex market because the lack of a centralized exchange or standardization of order execution. Just the same, my buddy promised me quite a show watching his trading robot perform.

And I was not disappointed, the robot executed trades with the precision and the accuracy of a seasoned trader. I tried to figure out the exact methodology the program was using (which is proprietary) but could not put my finger on it’s entry and exits, though support and resistance were key components of the programs algorithm. I can tell you it works with an accuracy that surprised me, and I am going to buy the darn thing myself.

I am not forex trader, but the program trade with stops and limits and does all the things a good trade should practice. So why not cash in on some easier money. The product integrates with a number of brokerages to automate the trading, and this arrangement seemed to work seamlessly. All in all, I was much surprised, considering I was expecting to pan the program.

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