Is Loss the only way to get experience in Forex ?

[mohit]

you cant say that loss is the "ONLY" way to get the experience there are many ways , but certainly from loss you can get huge experience which will help you in the future trading

[kastur]

i agree with you..profit & loss both two thing are very important for gaining experience and also for learning.
if we see our wining and failure trade with proper analyses then we are able to made a good experience. and one thing more this is also give us fast learning.

[mazba]

how can loss is only way to get experience in forex trading?no need to get experience
by getting loss.For getting experience we can open a demo account practice on there.

[seahawks90]

No i must say that to get experience you have demo accounts there is no need to loose your own currency , you can gain experience while trading with virtual currency which you have got in your demo account , i must say that real currency is always real and virtual is always virtual. So its really very good to trade and practice with virtual currency , because we all know that demo accounts are only meant to give us experience.

[indianforex]

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.

yes you are right because of my over confident i have huge loss.then i think loss is not only way to learn forex.loss comes sometimes but not always.
it is just a part.practice well with demo account and then trade on real account

[nuinu22]

Right many trade they got only loss when they start their trading but after some experience they are also able to made a good amount of money and while you are earning but some how there are advantages for losing money too and it is not mandatory that one has to loose to learn and he can also learn fro others losses.

failure is a valuable teacher in life, we can be better than learning to failure. erupakan pengalamana that it will bring us to a better direction

[sarwars]

Right many trade they got only loss when they start their trading but after some experience they are also able to made a good amount of money and while you are earning but some how there are advantages for losing money too and it is not mandatory that one has to loose to learn and he can also learn fro others losses.

[fxquest]

Ye to theek baat hai ki sabhi ko kabhi na kabhi nooksan to hota hai, lekin mai isse sahamat nahi hoon ki lagatar loss utha kar hi safalta ke gur seekhe ja sakte hain, shuru se hi achchi va paripakva strategy ke sath trade kare to losses ke matra kam hi rahegi.

[shinde]

Losses are a part of these markets and it is common for a newbie to suffer losses but a trader need not suffer losses as he can learn from others losses and their mistakes as well.

[lax]

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