Steve, Mike and Ulrich (FapTurbo team) are liars! - RESOLVED

[savasx]

I purchased FapTurbo EA before one month. Actually I've tested with demo and live accounts but I didn't like. So I wanted to give back because of they've written on their site "100% No Questions Asked Money Back Guarantee". I've sent number of e-mails, but they didn't answered any of them. After 10 days, I complaint to ClickBank. Currently I'm waiting reponse from them. But I don't expect they help me.

Also before contacting ClickBank, I sent a post to their official forum about this issue, but forum moderator didn't approved my post to publish.

[Killer-B]

if it's been within 56 days - Clickbank will usually give you your $ back no questions asked.. I fell for their FAP hype last year, and after 43 days, asked for a refund - and it showed on my CC within 12 hours -- no questions asked...

I suspect they do all this marketing hype BS infomercial stuff, and get enough ppl buying them - that even with a 80% return rate , still make some decent coin...

I'd be more interested in hearing "why" you didn't like it... And if you had any live, forward testing losses... and if so, would be nice to see some proof (balance sheets)

So many ppl come on forums bitching about how bad an EA is - but never back up their claims...

[savasx]

Following statement is from Alpari UK live. And I think it clearly expresses why I didn't like.

10698286 2009.03.23 22:15 sell 0.01 gbpchf 1.63945 1.65580 1.63510 2009.03.23 22:32 1.63822 0.00 0.00 0.00 1.09
10698327 2009.03.23 22:15 buy 0.01 eurgbp 0.93533 0.91840 0.94010 2009.03.23 22:32 0.93605 0.00 0.00 0.00 1.05
10699503 2009.03.23 22:32 buy 0.01 gbpchf 1.63794 1.62200 1.64270 2009.03.23 22:38 1.63891 0.00 0.00 0.00 0.86
10699667 2009.03.23 22:32 sell 0.01 eurgbp 0.93618 0.95160 0.93150 2009.03.23 22:37 0.93555 0.00 0.00 0.00 0.91
10699941 2009.03.23 22:38 buy 0.01 eurgbp 0.93546 0.91880 0.94100 2009.03.23 23:21 0.93527 0.00 0.00 0.00 -0.28
10701776 2009.03.23 23:49 buy 0.01 gbpchf 1.63781 1.62180 1.64240 2009.03.24 00:26 1.63887 0.00 0.00 0.01 0.94
10702597 2009.03.24 00:26 sell 0.01 gbpchf 1.63888 1.65500 1.63450 2009.03.24 01:46 1.64648 0.00 0.00 0.00 -6.77
10702619 2009.03.24 00:26 buy 0.01 eurgbp 0.93551 0.92040 0.94070 2009.03.24 10:20 0.92428 0.00 0.00 0.00 -16.52

[Killer-B]

5 winners - and 3 HUGE losers... Sorry mate :-(

FAPS/FAPS Turbo trade without a S/L no? That -16.52 is hard to believe - Ouch... what -1600 pips?

[savasx]

I used all default scalper settings except GMT setting which is +1 for Alpiar UK.

[savasx]

Also I've run on a VPS, not home computer. So there isn't internet connection or any problem.

[savasx]

Clickbank refunded my money today.

[PipCop]

Well, I am glad this is resolved. It's too bad they didn't approve your post. I personally don't like that kind of behavior on a site. You should allow all users to post all content, be it good or bad, and then take the time to address it.

Oh well, I guess that makes PipCop.com a better site to spread the truth about problems.

[Ken Long]

Originally Posted by Killer-B

5 winners - and 3 HUGE losers... Sorry mate :-(

FAPS/FAPS Turbo trade without a S/L no? That -16.52 is hard to believe - Ouch... what -1600 pips?

Yes, quite hard to believe. The stop on the eurgbp pair is 112 pips, the highest of the four pair traded.

eurgbp 112 sl , 6 tp
eurchf 53 sl , 5 tp
gbpchf 75 sl , 10 tp
usdcad 58 sl , 10 tp

The posted trade results are from only one day. Its imposible to judge an EA by only one days trading. Overall this EA. has still been profitable but nothing like in the begining. However, it did take 3 large losses last night, 48 pips on the eurchf, 66 pips on the gbpchf, and 46.5 pips on the usdcad... Certainly painful, even on a demo account. Lately it seems all the losses have been in the last hour of trading.

[Killer-B]

Ken, you already know my views on FAP's, and think the general consensus regarding FT is that only the scalper portion (which may get your account closed) is the only thing of value within FAPSTurbo - But we have a whole other thread dedicated to that - which I steer clear of - just waiting for it to blow up... as I see 2 of the 4 here are struggling - and the "return" is nowhere close to FT's website "propaganda" and hype...

Having not tried FT (Sorry, won't give 'em another dime of my cash) - I didn't/don't know the S/L settings - Actually, am glad to see they *finally* placed one in there as trading FAPS is suicide without one.

I am no expert, but the 2 pair I constantly warn people off from, are EUR/CHF and GBP/CHF... as I've seen 300-500 pip reversals in the night - which no bot can recover from... Especially grid-traders like Robominer - which is why I stick to the AUD/NZ cross only for RM... You can trade it manually (EUR/CHF) but never trust an EA on that pair.