Hello fellow FapTurbo traders. This post is going to be very brief and to the point. I wanted to give you a bit of advice regarding one pair you should NOT trade with fapturbo. As you may know one of the fapturbo scalper pairs happens to be USD/CAD. I am suggesting that you stop trading this pair.
In my forward tests I’ve found that this pair is not all that profitable. The stop loss gets too often and as a result all the previous small (stop loss if by far larger than the take profit) wins are wiped away.
Here is one example loss:
137188389 2009.01.08 23:43 sell 3.65 usdcadm 1.1804 1.1960 1.1745 2009.01.09 03:43 1.1862 0.00 0.00 0.00 -178.47
137514682 2009.01.12 23:47 sell 3.62 usdcadm 1.2165 1.2331 1.2117 2009.01.13 07:08 1.2223 0.00 0.00 0.00 -171.77
I’ve got more but I think you get the picture. Bottom line is that the frequency with which the stop loss has been hit on this pair is too high for my comfort. Hence I decided to no longer trade this pair.
The sad thing is that in the beginning this pair used to be profitable for me. Could it be the broker? I’m not so sure (by the way, I’m using IBFX which admittedly is not the best broker to use with FapTurbo). Others have been saying the exact same thing as me on the FapTurbo forum.
Speaking of the fapturbo forum, if you’re an fapturbo newbie I strongly suggest you join the fapturbo community there as you can get free support. Feel free to ask away your fapturbo related questions. Out of the thousands of members someone is bound to know the answer!
The FapTurbo forum link is the following:
Also a bit later on I’m going to update you all on FapTurbo’s performance. Give me maybe a week or two and I should have that ready.
Good luck and happy trading to you all!