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Thread: Is Loss the only way to get experience in Forex ?

  1. #21
    Senior Member mayengbam is a glorious beacon of light mayengbam is a glorious beacon of light mayengbam is a glorious beacon of light mayengbam is a glorious beacon of light mayengbam is a glorious beacon of light mayengbam is a glorious beacon of light mayengbam's Avatar
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    everybody have experience of wins as well of loses. And these experiences are vital for our growth in forex.

    We learn from our mistakes and loses, finding out the result of the loses helps us to be aware of it in future trades. it will definitely improve our trading if we are able to avoid the mistake when those circumstances appear again. so loss is a great teacher
    Pliz do comment here if you like the post

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    Member Ganesh is on a distinguished road Ganesh's Avatar
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    bumping a loss is also a way if you think that way, see the thing is til you dont taste a loss you wont get to know the loop holes in your strategy, with that loss you can also get to know where you lack in analysis and trading, you will also find a reason to go and learn more and strive to get a more perfect strategy so its all over your benifit only from this loss experience,! i am not saying that loss is the only way but m saying that loss can also teach a lot more than what we can learn from others losses!
    Rock On

  4. #23
    Member Ronak will become famous soon enough Ronak's Avatar
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    loss teach us so many things but not loss is the only way to get exeperience if we have good knowledge than there is less chance of loss..while we can get experience from others mistakes but u need to be part of forum..
    "We dont get paid for activity, just for being right. As to how long we will wait, well wait indefinitely."- The Legend Warren Buffett."

  5. #24
    Banned imbest is an unknown quantity at this point imbest's Avatar
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    Loss is not the only way to learn as we have to learn basics by studying from different sources. Loss will teach us our mistakes and learning from mistakes has always very impact. It will help improve your trades for sure.

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    Banned nsawork is on a distinguished road nsawork's Avatar
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    Quote Originally Posted by akshay1728 View Post
    ya its one of the factor of earning experience because failure is the 1st step of success.if you do some mistake in your trading due to which you may suufer a loss.but next time you will not do the same mistake
    When we make the loss we do learn a lot from it and then we have to wait for the markets to see when we can start the trading again.

    Learning with the lessons of the past we would be able to refine the trading style and then make sure that we can make good and lasting profits

  7. #26
    Member realfun07 will become famous soon enough realfun07 will become famous soon enough realfun07's Avatar
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    No loss is not the only way to get experience in Forex as a smart trader can always learn from losses suffered by other traders and learn from their experience and not do the same mistakes which they did.It is not important for them to suffer losses.

  8. #27
    Member Jazpa will become famous soon enough Jazpa will become famous soon enough Jazpa's Avatar
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    Quote Originally Posted by shahzad0able View Post
    Its a general concept and conclusion that experience comes with the failures and losses, is it true?
    If true, then what is the reason behind it? Can we just get experience without getting loss or is the failure the only way to get experience? Why the beginners in the forex, in start suffer losses and then become experienced to handle the trading to get profit? Is there someone who had gained experience without losses?
    Please share your views.
    No, I don't think loss is the only way to get experience. What is the use of those experiences that teach only failures. We need experiences about success. Making mistake is not crime but repeating the same mistake over and over is. So we should think about making good trades so that we can get positive experiences, not that lose only and get lots of experiences about failure. Trading better is the only way of getting experience in my view.

  9. #28
    Member shibilyt will become famous soon enough shibilyt's Avatar
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    loss is not only the thing gain you experience . it's just that when you loss you have more impact on you .losing is kinda making our mind set to not do one mistake another time . and it's not necessary for any traders infact we all try to get rid of it. those who understands well will not even get to big losses . others take time to learn these things and understand this . it's just like that for me .

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    Senior Member sachin is on a distinguished road sachin's Avatar
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    naye tradres ko chote lot me hi trading karni chahiye
    iske alawa stop loss ka zarur use karna chhaiey hcote account me kyunki apke pas limited balance hota hai

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  12. #30
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    Quote Originally Posted by shahzad0able View Post
    Its a general concept and conclusion that experience comes with the failures and losses, is it true?
    If true, then what is the reason behind it? Can we just get experience without getting loss or is the failure the only way to get experience? Why the beginners in the forex, in start suffer losses and then become experienced to handle the trading to get profit? Is there someone who had gained experience without losses?
    Please share your views.
    No. Loss isnt only way to receive experience on forex.
    We can count that losses on demo are not losses, but just training.
    Any trader can use demo for longer periode of time, any trader can trade after
    constant profitability on small live accounts with very small lotsizes than for a longerperiode of time and
    to encrease balance and lots with the time.
    Loss is only way if we want big profit from the start very fast.

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