FAP Turbo is an expert adviser on the MT4 (Metatrader 4) platform. One of the major benefits of using FAP Turbo in your forex trading is that it allows you to use the forex trailing stop. This will put into place a stop loss that will move with the prices in the forex market. FAP Turbo will allow you to set a marker to keep you from taking a large loss by exiting the trade when it reaches your mark.
How FAP Turbo Accomplishes This
The trailing stop is beneficial in that it will follow you when you start profiting. When you profit, the stop loss you set will move up the exact number of pips the market moves. On the other hand, should the market fall, the stop will stay where it is and exit the trade should the market reach your marker. Basically, if the market continues to rise, your stop will rise along with it, guaranteeing you a profit when reach a certain level. And if the market should fall, the stop is there to protect you from losing your profit!
So, for example, you have a trade opened and want to go long. So when you open, you are at zero pips loss and zero pips profit. You use FAP Turbo to set your trailing stop at say -20 pips. Now if it is just one of those days, and the fx market spirals down, your stop loss will close that trade if it gets to 20 pips down. When you open and the market rises, your stop loss will actually rise as well.
So think about it for a minute. The market has risen 20 pips in your favor, you have now guaranteed that you are not going to take a loss on this trade. If everything fell, you would walk away no money lost. Now the market rises another 20 pips. By setting the trailing stop in FAP Turbo, you have made a profit of at least 20 pips!
Hopefully you can see the benefit of this one feature alone!
You may be thinking, well I can put this strategy into place myself. All I have to do is monitor the markets and that's it. The thing is, you will still take a risk of taking a bigger loss than you anticipate. You may not exit when you thought you would. You may miss the mark due to sleep, kids, emergency ,etc. Emotion may play a part, and you think that the market could turn any minute. Next thing you know, you are down 40 pips!
FAP Turbo removes these scenarios. It can run on autopilot and without your interference. Also, you can implement this strategy on markets that might be unavailable because they operate while you are sleeping.
The FAP Turbo robot is the ultimate in forex trading robots. Be sure to read our full review on the FAP Turbo system for automated forex trading.
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