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ER

Financial crisis effects Forex industry ?

Is it true that Forex industry suffers a lot from the current global financial crises?  


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With the collapse of the stock markets last year, people have lost upto 70% of their retirement portfolios. Most of the people are afraid to invest in stocks and rightly so. Stock markets will be volatile for a few more years. Forex has emerged as the Recession Proof Business of the 21st century. If you can learn forex trading trust me you can make a lot of money.
Posted 2009-05-26T07:03:03Z
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Day Trader--TradeStation

Money flows from one perspective to another.  Run your automated strategy and you'll be alright.
Posted 2009-07-15T04:43:30Z
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I think there is still tremendous scope in forex trading and thats why people keeps loving it.
Posted 2009-07-24T11:45:54Z
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The only strategy that might be good now is :

1) HIgh-dividend ETFs
2) Conservative Covered calls on those same ETFs (we don’t want to risk missing the many bear-market rallies, so the covered calls employed should be very conservative).

The good news is that once this is over, we won’t have to worry about a similar situation again in our lifetimes.

You can know more about forex here http://www.protraderforex.com
Posted 2009-08-27T09:30:27Z
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Money is grave... Don't stop asking this type of questions!
Posted 2009-11-04T06:43:44Z
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Yes, financial crisis effects just forex industry. That's simply the law of the land
Posted 2009-11-05T23:26:45Z
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