Sunday, May 30, 2010

FAP Turbo: Finding The Best Settings

There are many very significant factors that need to be considered when trying to optimize the setup of any robot and this is especially so when considering a advanced robot such as the FAP Turbo. Seamingly minor changes in the settings can radically alter the success of the automated trading program.
Your pick of broker is very significant factor in determining whether or not you are a winning trader or not. Brokers aren't all the same. Deciding factors can be such things as the velocity and quality of their data feed and the speed of their trade execution. The simple fact is that forex brokers can and do manipulate price data feeds often to the detriment of your success. They have a range of tools they use to achieve this through such things as delayed execution and slippage. I have seen this on many occasions and noted the amount of slippage during all types of market conditions. The conclusion: alot of brokers do manipulate price feeds and trade execution, so choose your broker wisely.
The FAP Turbo Forex Robot is easily the most used Forex Robot on the market. Since its release it has achieved a very wide acceptance and has caused something of a heated debate amongst brokers because of scalping approach to trading. Whilst it uses a proprietary strategy it is well known that it trades on small price movements and looks for short term market moves and a relatively modest profit per trade.
Important factors to consider when using the FAP Turbo is the recent events with NFA regulations being introduced with U.S. based brokers which has had a very significant effect on the face of retail forex trading hence it is essential to be aware of the latest information in regards to the best brokers to use as well as the best settings to use with those specific brokers.
Many brokers have banned the use of FAP Turbo or will simply put you on the dealing desk which is a method often employed in the retail forex world. thats right folks you heard it from me not all forex brokers are there to help you m

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