This is an important note for those who are already into the Currency Trading and who are planning to enter into the Forex trading business. I would like to share my experience with you all to take extreme care in your trading business on currencies, as I am very much affected and has suffered the most drastic loss of money in the above business. The various advertisements and frequent articles of one of the forex scam of well known firm made me to invest $100,000 blindly without making a detailed study. It so happened that I joined the scam when they advertised for the employment of individuals as trainees in Currency Trading in their firm.
Since it looked like an opportunity ad, I thought it would be something similar to obtaining a job. At the same time, I was also warned by many of my well wishers to learn more about the firm before making the investment. I failed to do so. The word “no or less risk” by the firm which was very unique compared to other firms captured me. But If I had given an intelligent thought that those words are not market realities, today I would not be writing such article. Following my investment, there were various seminars held once in every month to discuss about the trends in the trading market and suggestions how to work on forex trading. Six months later, I received an intimation of statements about the sizeable returns for me. But the very next day, there was a flash new in daily newspaper about the forex scam of the firm. This has happened a year back but till now I have not received even a penny for it
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