Forex during the crisis

Everybody states that markets now are very unstable. Trading on forex became very dangerous.

And what do we see now on media? So many ads about becoming a successful trader. There are courses to learn how to profitably trade on forex. People are losing their jobs and businesses because of reduction of consumer behaviour. It is really hard to find a new job now, so people took their last money and try a fortune on forex.

To learn how to profitably trade on forex you need so much time and knowledge in economy. You need to learn it all your life. If it was easy then everyone would be rich, but its not the case. Actually I think 9/10 people losses their money and other 1/10 part takes them.

It is happening because there are so many newbies thinking they are so smart that they can beat the market. I personally think that most of broker companies do not place your money on forex. If you were a broker company why do you need to pay the fees if you know that client in 90% of cases would lose his money? Even if you win, they can pay you, because of their huge income. Its like a lottery for them.

Prepare yourself for a battle. Take a bull or bear position and hold your ground.