USD/CAD Weekly Outlook

6 Comments

1. Joe says:

   August 18, 2010 at 6:08 pm

   The Federal government warns there are a lot of Forex frauds out there, and these Forex robots such as Fapturbo appear to be a type of these scams. If these robots really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex robots. The link below is a Federal website warning you about Forex fraud.

   There are a lot of people on the Internet claiming they have done very well using Forex robots. These appear to be of two types. One is the outright liars. You might meet a person called “Zboy227″ who says “I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227.” The “/Zboy227″ tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.

   There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a robot for a few days and have had some beginner’s luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex robots is positive.

   I may point out that websites that sell Forex robots admit there are a lot of scams out there. Of course they claim the other guy’s robot is a scam, but their robot works. If you do a web search on the words “forex robot” and “scam” you will find a lot of sites saying their competitors are scams.

   I will admit I have not personally tested every robot out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a robot without clear proof it really works.
2. Fx says:

   August 18, 2010 at 6:30 pm

   There is NO forex signal company that can beat the market in the long run. This is from my experience in forex trading for years. Else everyone is rich.

   A Forex trader needs to learn and master the necessary skills to be successful in forex trading.
3. Guru says:

   August 18, 2010 at 6:50 pm

   Hey

   Fapturbo did not make profits for me. I recommend Plus500 as it has no fees at all and they give you $20 when you register without depositing a penny. It is very easy and a good way to start make money online:

   http://forex.softcenters.com
4. Elliott says:

   August 18, 2010 at 7:09 pm

   Don’t get involved with automated systems that claim to make you a fortune with little to no work from you. If you are interested in making money in the forex market begin by educating yourself and gaining real experience by trading the forex market.

   There is no quick and easy solution but a good broker coupled with discipline and money management are the key to long term success in the forex market.
5. Jason P. says:

   August 18, 2010 at 7:45 pm

   I agree with all that you have said. Furthermore now they released another version of Fap Turbo which costs $600 and left their 44000 people with the old robot rotting to dust. The current problem of Fap Turbo is that the last trades are most often loosing trades. So your profits are eventually wiped out.

   BUT if you don not let Fap Turbo trades after 11.00pm then Fap Turbo is still effective.

   Yes I do use Fap Turbo and I am in profit, but I will soon stop using it since it is not worth my time.

   Still, do not buy Fap Turbo now since is death.
6. Kate says:

   August 18, 2010 at 8:02 pm

   Fap Turbo has made some money for me. But it is not as simple as the sales copy says. Overall is a good bot.