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No it isn't like that with regard to gaining encounter first you need to face losses, really in currency markets you cannot forecast something consequently when from starting as a beginner you attempt to predict marketplace and you are usually proved incorrect, in this procedure you free money which explains why it is said you need to face reduction for getting skilled..
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i do believe loss can be a necessary portion in investing. Mostly any time traders are usually newbies inside forex market. Several good dealers share their particular experience for getting experience with trading. A lot of them used to drop much just before they attain to good results in forex trading.
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yes you need advice and as the other users saying you should not only try demo as a time pass you need to think the account as a real then it will give you experience otherwise demo will be waste of time for you, just face the problem in demo and try to solve it then you will behave like an average trader and when you will get into real one you will experience more things then you are imagining.
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People always learn from their mistakes and this is the only way to make everything better.but it does not mean that we have to lose intentionally to have experience. loss is not the way to gain experience in forex, you have to do everything right from the very first step and work your way to avoid losses along the way to gain experience, Only if we would have made it sure that loss was limited we are safe and also we can then recover them in the further trades.
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learn from the experience of loss is very nice.If a trader have enough experience and best strategies about the Forex then he must be get earning profit from the Forex trading
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we can get the experience from the reading the views of the traders and also what are they saying and it is not necessary that we should have the only experience from the loss. we should manage the trades well for better tradings.
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of course not, the another way of getting experience is getting more and more knowledge about the Forex trading. but its a general concept and conclusion that experience comes with the failures and losses. and we know that practice makes a man perfect. experience also come with the follow of successful trader.
---------- Post added at 09:10 AM ---------- Previous post was at 09:01 AM ----------
of course not, the another way of getting experience is getting more and more knowledge about the Forex trading. but its a general concept and conclusion that experience comes with the failures and losses. and we know that practice makes a man perfect. experience also come with the follow of successful trader.
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yup!!experieces the loss is the best lesson for us to be a better traders..evaluating every result of our trading will makes us never made the same mistakes..by the experiences our skill will improves better and better,so dont be afraid if got loss,learn it aggain and we will gets the valuable knowledge
,!goodluck!
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well that is not very correct but based on my experience i really think when you lose you will always find reason to lose then you can work very hard on how you can correct the mistake but you can also gain more experience in your demo account and be a better forex trader and the more you practice the more you know more