Is Loss the only way to get experience in Forex ?

[Phenom II X6]

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.

[realfun07]

If there is someone who trades with no losses, it is the luck factor. Not many people are lucky. But many people succeed, because learning from defeat.

A trader can manage to make profits trading on his luck only a few times but at the end of the day he will loose.Losses are inevitable in these markets and it is the way a trader can learn in these markets but a trader should try to minimize his losses always.

[cumil]

If there is someone who trades with no losses, it is the luck factor. Not many people are lucky. But many people succeed, because learning from defeat.

If a trader will always make a profit in every transaction risk management is not important. But in the reality there is no such trader.
Even the best traders in the world even have experienced losses and making losses as a risk that must be taken into account. There are many traders who jumped transact with great hope to reap a profit without taking into account the risk of loss and the limited funds available in his account. Possibility of losses not accounted for rationally, but faced with the emotional attitude, they take high risk in every trade

[rinjani]

every trader must have experienced in trading losses, and they should be able to accept it very well ..
It is one of the consequences that must be experienced, and could be a good lesson for us.
with the losses we receive, we will try to not repeat it again ..

[adahidayat]

i think that loss can also be a way of getting experience ....because when we make some losses, then we will think about it that what went wrong and we will try to sort out mistakes....so it is important to know the reasons of losses and after that we will try not to repeat those mistakes and trade more sensibly...so it will be more good and we can make good progress...so in this case, we can say that we can also get experience from losses by not repeat same mistakes again ...;.

[Mr. Tukul]

Loss may be the only way which gives you knowledge. If you will not get lesson from that then you will be again a great loss. Loss always teaches you that what you have to do and what you dont have to do.

if we are willing to learn from the causes of our losses, we would be more successful at the next trade ...
but if we do not ever want to learn then we will continue to suffer losses ...
so we should not be stubborn to not acknowledge the mistakes we have made, but admit it if we make a mistake ...

[lax]

Loss may be the only way which gives you knowledge. If you will not get lesson from that then you will be again a great loss. Loss always teaches you that what you have to do and what you dont have to do.

[shinde]

i say yes.Because most of the traders learn their lesson only after losing in forex.but still there are traders who made profit without losing.But its really difficult to maintain without loss because in forex even the pro will get a loss.

[hardworks]

Its wrong myth dear. You should take advice from experts & practice a lot on demo account. Its true that we should be able to face losses if we want to get profits but we can minimise losses by working slow & steady & keeping patience.

But, We just read and should not follow the advice from Experts. All experts post about the MM. But, all beginners after seeing MM also have huge loses by using huge lot size. By own mistakes only, we can able to get some lessons. Most experts get experience by making mistakes only. If you doing mistakes, then try to avoid in future deals to be expert.

[fumina]

No, loss is not a way to get experience in any field but some of them believed that if loss will not done then i will not a successful trade which is very wrong perception in the field of trading. some of them have a sudden jump and get more & more money in a single commodity.

I am agree with you that loss is not the only way to get experience in forex. To gain experiences, it needs a lot of practices
in forex market so it's not only loss but gaining profits can give us experiences too. It's true if you can get experience from
your losses but it's not the only way to gain experiences.