Is Loss the only way to get experience in Forex ?

[aniket]

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

ji ha sahi hai loss is a part of business but if you got to short out the loss part then better get some tuff learning and practise before making a HOPPING RIDE TO THE REAL A/C AND ALSO NEVER LET GO OFF THE SIDE OF SL COZ SL IS A LIFE SAVER TRUST ME GUYS WORDS OF EXPERIENCE

[vikas]

losing is the part of the game but you have to reduce the losing to the nil while trading forex as for long in demo accounts then only you can become a professional trader

[ketan]

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.

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.

[zoomfire]

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.

[hotshotboyz]

Its true that we should be able to face losses if we want to get profits but we can minimize losses by working slow & steady & keeping patience. Only loss cannot be a part of experience. Profit is also experience.

[rajesh]

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.

[Mr. Tukul]

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.

I do not think so, but the loss is one way to gain experience in forex business ...
of loss that we have to learn, to know what the cause, then we are correct that we do not suffer losses again ...

[venkiaries61]

loss is the part of the our forex trading...every trader want profit in every trade..loss is cause of our mistakes and wrong analysis..so we could try to learn frm ths loss..and u wil get experience automatically..there is many way to get exeperience,.bt nt loss is only way

Yes, thats correct. Loss is the not the correct way to learn. There are many way to get experience, you risk very small fund in cent account. And also we may get experience through demo account.

[Ronak]

Yes, we should not not concentrate on profit only. we may reach both loss and profit. we may aim to get overall profit. thats the intelligent way. Otherwise, you lose your funds.

loss is the part of the our forex trading...every trader want profit in every trade..loss is cause of our mistakes and wrong analysis..so we could try to learn frm ths loss..and u wil get experience automatically..there is many way to get exeperience,.bt nt loss is only way

[venkiaries61]

ya you are absolutely right combination of both losses and profit will give you a great experience and by using that experience in future you can earn good profit

Yes, we should not not concentrate on profit only. we may reach both loss and profit. we may aim to get overall profit. thats the intelligent way. Otherwise, you lose your funds.