Is Loss the only way to get experience in Forex ?

[lovefx]

Forex is nothing but a true business.
So, there are always a chance of experiencing profit or loss .

[james]

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

yeah you are rite..... but even after losses we dont learn as sometimes we dont know what mistake we did whhile trading we do not realise it ..we always are insearch of our mistake....so next time you make a mistake stop and wait do trade further but ananlyse your lost trade and see what mistake you did

[Ronak]

sometimes though we have knwoledge and exeperince we failed to get sucess....this is cause of no proper money management,,and discipline...loss occurs when we make mistaakes..so we should improve trading with daily experince and should consider money management in proper way with proper timeline....and loss is the one of the ways to get experience but not only one way..

[rajesh]

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
jitna zada profit kamaoge utna zada confedence badega..isliye tp bhi small rakh ke trade karna chhaiye

i think loss is the only way to get the profit, because loss give you new lesson on each time, jeb tek humhein loss ki waja maloon nehe ho gi hum profit mein kaise aeen gein, hain aik baat ha is kam k leye humhare pass demo accounts jahan hum trade ker sekte ain , lekan money virtual hoti ha isi waja se hum psychology rest mood mein hotee hain

[rajesh]

mein ap se agree nehe kerta kuin luck forex mein nehe chelta, ager trade achi kerni ha to jarori ha k hum anpe analysis ko ache kerien, apni weakeness ko finish ker dein, kisis superstition per believe ker dein
Ager loss he experience hasil kr ka way to pher demo account haina is purpose k leye

[sachin]

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

[aniket]

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!

[aniket]

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.

yes most newbies hardly give time to demo a/c coz when they make small amount of profits in demo then they think that they have become masters of forex :P hardly do they know that in a real a/c a small mistake is gona make them loss and MC, staters should atleast spend 2 months in a demo a/c and then they will be perfect, i have spend one and a half month in demo and then entered live trade but m still stuck to demo a/c for practise and perfection to make a new good strategy.

[aniket]

mein ap se agree nehe kerta kuin luck forex mein nehe chelta, ager trade achi kerni ha to jarori ha k hum anpe analysis ko ache kerien, apni weakeness ko finish ker dein, kisis superstition per believe ker dein
Ager loss he experience hasil kr ka way to pher demo account haina is purpose k leye

i will answer this question both ways for you, firstly as a new comer in this business there is slight possiblity that you will learn everything you need but still when you come to a live a/c you cannot predict the trend accurately so loss is going to happen somehow or the other coz after all its a business, on the other hand if you think possitively according to the proper principles then you may not face loss but profit and this can only happen if you learn and practise for atleast 3 months on a demo or a cent a/c but are you ready fopr this much practise? can the sniffy smell of money hold you back that long? there you have the answer.

[aniket]

Never Over Trade

Do not over trade...
In addition to pay attention to margins, never put the quantity of open positions too much. As an approximately rule , to sclaper traders simply do the open position of about 10 positions per day, for day traders about 2 times a day for swingers traders even fewer.

Do not Over-Confident

Confident, especially trust in your own analysis had to be But ... excessive confidence can be a boomerang. Frankly I had the MC because of overconfidence, hit the open buy position in each Fibonacci level which I believe will become resistant.

this is a very important point that u have stated here brother, har newbie ne yeh yaad rakhna chahiye ki jab aap thik se practise karte hai toh fir bhi real a/c par hamesh chotese hi age badhna chahiye matlab ki hame lot size 0.01 rakhni chahiye aur kam capital choose karna chahiye kyuki iss tarah se haam ache roots gain kar sakte hai forex mein, mainly kya hota hai ki new ppl think that with small lot sizze they will make small profits like a dollar a day and so go for big play and then they learn the harsh truth of loss, remember always that SLOW AND STEADY WINS THE RACE!!!, trade small now and then after proper experience you will gain big.