The Forex Noob

In one of the FAPTurbo marketing emails they promised that for those who buy FAPTurbo they’ll send this great newsletter from a hot shot in stocks. Here’s part of the email:

There is another way we make a huge
amount of money… And until now We’ve
kept it a secret.

This is a service which competes directly
with our own  FapTurbo. And it is something
which We use to earn roughly 40% of
my total income.

(this is dynamite!).

But We thought why compete when We could
offer you (our list) the chance to use this
service too.

And it won’t cost you a single dime.

Here’s How…

Seven months ago We where introduced to
a man called Ernest Miller.

He was one of Wall Street’s most succ-
essful traders in the 90’s and up until
2007.

But recently the hedge fund he worked
for, went bankrupt. And so he decided
to strike out on his own and created a
new exciting service.

Around 8 weeks ago, Mike this guy in
New York and he told him all about his
new business.

It’s quite remarkable!

For $75,000 per month, this guy sends
out stock picks to just an elite few who
can afford his advice.

The 20 or so clients he has, consist of
well known bankers, and CEO’s.

After being impressed by his “pitch”
We too became one of his few clients.

And every two weeks or so, a FedEx
letter shows up at our company.

This letter comprises of a short note
from him (usually one or two pages
long) and it tells us all about his
latest stock pick.

Included at the top of this letter is
the ticker symbol, for the stock he
believes is about to rocket.

So far, over the last 8 weeks, every
one of his stock picks he sent us has
returned more than 100%.

We’ve been able to personally make
$40,000 doing nothing more than
signing for a FedEx letter… Then
hurriedly running to my computer
and investing online.

And usually We buy and sell these
stocks within around 4 days. So
We make a profit on each pick, well
before the next is sent.

Here’s where it gets interesting…

Last week we told him We had an email
list of over 100,000 smart investors,
making bucket-loads of cash in
forex.

(you guys!)

I asked him if there was any way We
could let you profit from these stock
picks too.

He thought long and hard about this…

And here’s what he came up with:

He decided he can send all of you
guys his stock picks… On a “Pay on
Results” basis.

Over the next 3 or 4 months you’re
going to receive the same stock
picks he charges $75,000 per
month for.

I have yet to hear a thing.  What’s the deal John and Albert? Not that I want to be sucked into some obligation to pay anyone this kind of money on the assumption that I made a profit on their stock advice.

You may have read an earlier post where I announced that I opened a live account. True, true. Yesterday afternoon it became active and last night I loaded my live account. I am still amazed at my behavior. I had trepidation about trading.

Demo accounts are fun especially after you have played with them for a few weeks and get comfortable. And the demo accounts usually have opening balance options of $3000 and above so you have a decent amount of money to work with. My demo accounts have been opened at $5000 with some early ones at $10,000.

I started my live account with $500.

The first thing you are hit with is that This is my money, I can lose it all. Next, at least for me and my $500 account, is that you don’t have the bank roll you are used to so you ahve to be careful how many positions you open. If you quickly open and close them fine but if you keep a few open for a while your margin is very quickly depleted.

My first trade last night was a gain. That was my first goal. Next I work to meet my daily goals. Plan your work and work your plan right?

Thanks for your time,
The Forex Noob

I’M SO CONFUSED!

Really I am just settling into reality. Forex robots are just like you and I, they have good trading days and they have bad. Last night was an active night for FAPTurbo.

My FAPTurbo on my FastFX (Fast Brokers) demo account gained $44.72

Forex MegaDroid made $44.00 on one trade with the FastFX demo and did not trade on my FxPro demo account.

I also went live last night and loaded Forex MegaDroid on that account about 6p. It was waiting all night, for what I am unsure but it made no live trades.

I’m sure just like you and me the EA’s will be up and down and our hopes are that all of the hype and marketing they all put out will come true and we will in the end make money. Personally, I’ll run the forex bots but count on myself to make my goals. I enjoy trading forex, that’s why we do this isn’t it?

Thanks for your time,
The Forex Noob