Is Loss the only way to get experience in Forex ?

[Laknath]

Why not, you can get experience without loose .If you want to be a good trader first you have to study in demo forex and gain experience two three months ,then you can start trading in real account.

[twinkling star]

if we face the loss then we can understand our mistakes, only loss and real account practise could teach us only, not learning and and not demo account practise could serve for us to understand thec mistakes, only if we face loss then we get fear as not to do this thing in future, and we abide with that mistake.

[rosalia]

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.

That's right. Loss is not the only way to learn but it can be used for our lesson from our own mistakes. People should learn from
their mistakes in any business and loss is caused by our mistakes (it can be from our strategy or psychology) so we must learn
from evaluation which made us loss.

[dmambi]

Loss making should not be our aim here whether it is for learning or any other thing. We are here to make profit and to earn money not to loose it, so why think about loosing money and learning when we have plenty of ways to learn the Forex trading skills and practice them in Demo account without any fees or loss.

[niteshforex]

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

[rahibul]

No any one can get experience from his/her profit or loss.Every time any one have suffered great losses in the forex market, he/she need to make sure understand what went wrong. Where was his/her fault, and how to prevent a recurrence?

[muhammadfarooq]

Loss is part of forex trading business but its not a way to gain more profit best way to gain experience to take lots of practice on demo account to improve your trading capabilities and grow up your trading capital.

[Thakur]

No i never think like this that loss is the only to gain experience, here is many ways to gain experience but the loss is also the big way to got experience and you always try avoid your trading in loss again.

Well, if you lose, you can get experience from it, but it should not become a habit that you will just get lose because you want to learn. Loss come as a result of wrong application of strategy so we should find out why and then correct the mistake.

[raka999]

i think loss is not only the way of getting experience in forex market you have to enough study to make profit. you may practice in the demo account for several month which will helps you to gather knowledge. after getting better knowledge you should deposit into real account otherwise not.

You are right. but learning on a demo account with real account it will be different. studied in a demo account until a few months can not necessarily guarantee success in the real account. because psychology would be different. I think, is quite true, that loss can be a valuable experience for us.

[malik83]

No i never think like this that loss is the only to gain experience, here is many ways to gain experience but the loss is also the big way to got experience and you always try avoid your trading in loss again.