It hurts but that is what happens when you delegate that responsibility to others. Unless it's a firm that has a great reputation and some legal recourse to get back your funds, I don't think it's worth it risking it on Forex. It also sucks to hear that he gambled with his income rather than disposable income. I guess we can just learn from the bad experiences that others got and make sure it doesn't happen to us.
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I don't think he should have even delegated that responsibility to another person. There's no one that can better manage your money unless you. He made a terrible mistake by thinking money is easily multipliable.