Is Loss the only way to get experience in Forex ?

When you start trading, only trade one currency pair. Once you become successful trading with that currency pair, start trading one more. Each currency pair trends a bit differently, so you will be successful if you learn one at a time.

we can gain experience without loss in forex trade.if we learn forex and do demo practice more and more we can earn money without loss in demo account.we should leave greed and emotion for this.

this is a common misconception in the forex market, but you see demo accounts are created to serve this purpose so you don't necessarily need to loss your cash in the market to learn or gain experience at all

We can get experince through loss in foreign exchange trading. But i don't agree with the point that it is the only way to get experience. Experience comes with the time we spend in trading foreign exchange and once w e have loss we gain experience from that particular trade. But loss is not the only way we can get experience.

in my opinion, have a rational trading plan will facilitate disciplined in trading, therefore it is very important to have a realistic profit target to be sure to win at trading. then be easily disciplined because traders will be better able to profit-minded smaller than the loss can

I also have less than one year experience in forex. i have made some profits and make some losses too.in fact my account was blown few times too. Never be able to consistence. But each time i loose i learn something. And i'm determined to succeed in forex. will never stop trading until i succeed

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Originally Posted by bestlooser

zaroori nahi k aap trade karo to lose hi ho aur ho sakta hai aap lucky ho aur aap ko lose bhi na ho aap earn bhi kar lo aur experience bhi mil jaye. aur yeh bhi hai k why not u try out demo there will be nothing too lose and plenty to learn so jiust do it in thios way. but even in demo contest you can have nothing to lose but plenty to earn.

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bhai trading mein loss na ho aisa nahi ho sakta hai, koi game nahi hai bhai, ye business hai, aur business mein loss ke baad hume practice karna padta hai, dekhna padta hai, ki hume galti kaha par kari hai, loss ke baad hi hume experience gain hota hai.:D

nothing loss is not only one way to get experience.aap dusron ki galtion ko daikh ker bhi sikh sktay ho.kay us nay kia galti ki jis say usay loss hua ya phir is kay ilawa aap jitni zayada trading kertay ho aapko pata chalta jata hai kay kya apke liay behtar hai or kya galt hai.

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Originally Posted by dareking

bhai trading mein loss na ho aisa nahi ho sakta hai, koi game nahi hai bhai, ye business hai, aur business mein loss ke baad hume practice karna padta hai, dekhna padta hai, ki hume galti kaha par kari hai, loss ke baad hi hume experience gain hota hai.:D

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bilkul sahi kha hai aap ne. jb loss hota hai kuch log sad ho jate hain .lekin meri nazar main loss se hum ko bohat kuch seekhne ko milta hai.

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Originally Posted by shahzad0able

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.

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Your question is very interesting. It's just a psychological problem alone. We are not motivated and feel challenged if we are always lucky. It's very paradoxical. We should feel challenged when we lose. But, I guess, all the experience we have to take the positive lessons.