Financial crisis effects Forex industry ?

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.

Money flows from one perspective to another.  Run your automated strategy and you'll be alright.

I think there is still tremendous scope in forex trading and thats why people keeps loving it.

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.

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Money is grave... Don't stop asking this type of questions!