Being the largest financial market in the world, Forex is able to draw in millions of new investors every year. Unfortunately, most of these investors will ultimately lose their money and help to fund the small percentage of investors making a living in the Foreign Exchange Market.
A big part of the reason that so many people lose their investment within the marketplace is because they buy into the many myths floating around about how Forex works in principle.
It is extremely easy to get caught up in the myth and legend of Forex and to ignore the reality. After all, people from the outside looking in see that trillions of dollars are trading hands daily. They see that some people are able to invest only a few hundred dollars and earn a living. They see so many automated programs on the market that the entire system just screams success to the everyday Joe just trying to supplement his income. But the truth is that the Foreign Exchange Market is tricky and brutal and will eat unskilled investors alive. Read more