Forex: reality and myths. Why do people still lose at Forex?

There is a myth that Forex is a 100% cheating market and that all who try to gain profit at it inevitably lose the invested capital. Fortunately, it is just a myth having no proof.

Let’s begin with the data provided by one of Forex brokers. According to the data, in March 2010 26% of Russian clients gained profit, 71% of traders managed to save the capital (the difference was less than $100). It is necessary to mention that around the world the Forex market is considered one of the most popular sectors of investment and profit-making.

Another question is why some people lose at Forex. Those who make commercials of “2-day” training courses (especially in ex-USSR states) under dealing centers often underline that making profit at Forex is easy and fast, even though the knowledge gained at such courses is obviously not enough to become another George Soros.
In the states with a well-developed legislation system before opening a client’s account a broker must make sure that the client is skilled enough to trade. The client’s deposited sum must be insignificant for the family budget.

The experts of Europe’s best Forex-teaching project assure you that it’s possible to gain profit at Forex. But it is necessary to become a professional through constant intensive training. Of course, even if you are an expert Forex trading is always risky, especially if your broker is constantly playing dirty tricks on you.