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i think we can learn more from practical as compare to a senior trader .if we are doing trading on real account and some time we lose money then we should concentrate on our mistake and avoid it next time in your trades .:)Quote:
Originally Posted by dareking
Loss can't be the only way of getting experience on trading.A forex trader can identify his mistake and then solve it so that he can avoid further loss due to the same reason.But he should try to learn and gather experience from his trading,even from his profit too.He can discuss with senior traders for knowing their trading experience.
I think not so.cause loss cant be great solution.I know loss is the part of this business.But to me its better and a good sign if you keep your win percentage good against the losing one.They might be more helpful to you.
Failures always can learn how to get success, every failure behind there is a success, success and failures are time cycle, they are comes one by one, if you got failure there is a meaning you should not have the experience in the trading, you learn first with demo account, when do you get full experience then you can start your real account then you can get success.
No one want to get loss in this market but we can not avoid loss here, loss is a part of this market, we will lost much money then but we will get more experience. But we can get more experience from other people, not only from loss.
i so think, That is where the forex market comes in. Transactions like that take place all the time. The market maintains a rate of exchange between the US Dollar and the Mexican Peso (and between and amongst all other world currencies) to facilitate that activity. Consider the amount of global trade which takes place and you can see why the forex market is the biggest in the world, dwarfing all others. Literally trillions of dollars worth of forex transactions take place each and every day.
i agree with you and want to add some more that there is much loss in forex if the risks are more and if the risks are less then we can get back our money without any big problem to do the well tradings. so experience comes after loss in forex.Quote:
Originally Posted by want2brich
i think loss that may be obtained simply by forex trading foreign money dealers in fact could possibly be lowered. Second of all any currency trader can easily constantly program far better down the road according to their particular connection between damage nowadays and prepare far better income inside their fx trading.
yeah,,, Its true that we should be able to face losses if we want to get profits but we can minimize losses by working slow & steady & keeping patience. Only loss cannot be a part of experience. Profit is also experience.
You must have to learn from the loss that you get in the past as it will only teach you to avoid the things that you are doing while trading. so that you will able t improve the trading performance. so loss may be one of the main factor due to which you can improve your trading.