The forex market is a risky business. While there are some basic trading strategies that can be profitable, the fact is that for most traders these strategies do not work consistently. If a high level of profitability was an accurate indicator of a system's outcome, we would all be rich by now. Anyone considering entering the forex market should thoroughly research any proposed strategy to make sure the information they receive is not just sales hype.
This type of marketing is libelous and made solely to sell you a book or software package. There are many risk management strategies that can lend themselves to diversification and reduce your exposure to loss; however using them as your sole method of conducting business in the forex market will not necessarily increase your probability of success. For any legitimate and safe business model, always look for independent financial reviews written by accredited institutions.
The forex market is a very risky business and many people have lost money as it involves trading with other people's money. If you can afford to lose your money, you can trade in the forex market, however, if you cannot afford to lose your savings, then you should not trade in the forex market.