Is Loss the only way to get experience in Forex ?

If you are losing then the only experience you get is how to loss and not how to earn money. So how can that be an advantage? In forex trading what we need to experience is making profit. when we experience that we know that what we are doing is working and we want to maintain that. But when you start to trade and loss money then you don't learn anything. In fact each loses is a clear sign that you are far from being a good trader. You don't even know how to be successful in forex so how can that make you an experience trader? That' why its important that you know how to trade in making profit. that's experience.

Quote:

---

Originally Posted by budado

If you are losing then the only experience you get is how to loss and not how to earn money. So how can that be an advantage? In forex trading what we need to experience is making profit. when we experience that we know that what we are doing is working and we want to maintain that. But when you start to trade and loss money then you don't learn anything. In fact each loses is a clear sign that you are far from being a good trader. You don't even know how to be successful in forex so how can that make you an experience trader? That' why its important that you know how to trade in making profit. that's experience.

---

Money and trading skills plays a significant role in determining how successful you would become trading forex. If you have access to large funds to trade with combined with good trading skills, you can make as much profit as possible.The more your account the more the likely profit you get trading

There is many way to gether experince.
Loss is the best way.
I think every trader get loss minimum in singletime in there trading life.
Than thay have been more alard aba trade.

I think we often experience comes from practice and of course we also never lose in forex. then can we make it our all as an experience in forex. proverb says "our raft rafting upriver swim to shore, we first ail ill have fun then. maybe it's a word that could represent the traders who are still struggling to succeed.

Yes,I am agree with you.All of the-trader need more experience for the forex trading.Because it is the risky business for the all of trader.it can our account zero of the few moment.But it can make more profit of the few moment.So It is risk.I think minimum and reliable for the trader we should experience.

in my point of view first beginners should start trading from demo accounts and make entries on it and have to use all the functions of the terminal, if he/she thinks that we can get experience only by losing our money then there is only one reason he/she had done the trading in demo seriously, i believes that if a person practice in demo seriously with real feelings then he/she will get good experience in trading even without losing in real.

yes its true i lost my 1000$ investment due inexperience trading .greedy decision .fast trade and high leverage .you can get experiences when you lose some real money in Forex market than you should overcome these faults

to be successful people usually fail first. as strong as what people are up then the success will surely accompany it. do not easily give up our dreams. forex providing financial freedom for us. then strive.

Well loss is inivitable in forex and each human definitely learn from the mistakes that he did which makes him gain more experience and never commit thos faults again, in fact there are other ways to get experience such as practicing in the demo account for example.

Yes you are right demo is the only weapon to learn forex very well and it helps to check the strategies which we will use in real account, I think here loss taking does not mean in real account it will happen in demo account, so in any business all traders learn from their mistakes.