Fap Turbo, an online investment tool, offers a Long Term Strategy Mode for entering into and exiting trades. The Long Term Mode can be distinguished from the Scalper Mode offered with Forex Robots because it studies long term trends in the Forex Market. The Scalper Mode is used during a volatile market and is best for making fast trades. The Long Term Mode looks for opportunities based on trends before making a trade.
FT members that like to trade often, especially in a volatile market, are better off using the Scalper Mode. The Long Term Mode typically does not make trades very often, especially when the market frequently goes up and down or is risky. This is because the Long Term Mode is not programmed or optimized to make trades during a risky market. For FT members that prefer to play safe, this may be the best choice for them. On the plus side, both the Scalper and Long Term Mode can be run at the same time. This move allows more daily trades to be made.
The Long Term Mode is designed to run during a less than perfect market. Since FT hit the market in 2008, when the recession struck and playing the market became more complicated, the Long Term Mode has fared pretty well. This particular mode tends to perform steadily in a crazy market and throughout hardships.
Both the Long Term Mode and Scalper Mode can be used by FT members with any level of experience. This fact alone has helped FT to gain in popularity. Beginners and pros are able to play the market confidently and as soon as they download the Forex software. The software can be modified. This means as the FT member gains more experience in making trades on the Forex Market, they can make changes to the Long Term Mode settings. This ability allows FT members to adopt a trading style and choose settings to support it.
Besides choosing which mode to run the Forex software in, FT members can choose their own money management strategy or opt to disable the money management feature. When the feature is disabled, FT members can choose a fixed trade lot. The Scalper Mode also has a feature worth talking about. It’s a safety feature designed to keep brokers from cheating. This is called the Stealth Mode. The Stealth Mode hides the profit target and internal stock loss from the broker. The profit target and internal stock loss are shown using fake numbers when the trade is open. The Forex software takes over and manages both.
Perhaps one of the best FT features is the constant upgrades being made to the software. This keeps the software from becoming obsolete over time and for a one time price of $149.00, this keeps FT members very happy.