Quote:
Originally Posted by angelajill The profitability of Fapturbo actually depends on your forex broker too !
Some are trying hard to sabotage your profits as the stoploss is small
Hopefully the new version coming out can bring back the heights of Fapturbo !  |
Not true. The stop loss is actually quite large, and it would be difficult for the brokers to actually hunt these stops untill the market came within a few pips of them. What they can do is to increase the spread so they guarantee themselves a profit regardless of whether FAPT wins or loses.
Most all of the problems we have seen have to do with the market breaking out of its trading range while FAPT is holding trades. This has proved devastating lately. The tighter stop on the eurgbp pair does not seem to be working out, and has only produced more loses.
These are not the kind of moves the brokers have control over. Attempting to manipulate the market to this degree is too risky for them, they operate off the spread.