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Bilkul sahi kaha ap ny, hamen confident tu hona chahye but over confident nahi hona chahye. Hmara confidence hamen boht sa profit dila skta hy but hmara over confidence hamary lye loss la skta hy.
Loss sy hamen sekhny ko milta hy agr hum apni mistake ko dobara repeat na kren tu.
Everywhere is not the only way to get experience in the Forex market, on the other hand, there are other ways, many of the practical knowledge and experience over even if we win, then we also have the expertise and sometimes we experience in our our mm mm good MC, part of that time.
To take experience not only from lose but from profit too,from lose give you experience to improve your strategy and from profit you can build your trading as your manage.
It is true also when we get a loss, we will learn a lot from the mistakes that we often receive. of the many ways we trading wrong. or from those mistakes we can learn how to manage our finances better, and so much more that we can learn from our mistakes.
If you practices into the forex trading business there my be lose of profit both you should except but thing is little order also can change your mind to deal dynamically into the forex trading with huge volume then only you confirmed your lose maximum times.
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.
I think the experience in forex we can get out of some things and places, the experience also we can get from this forum, to see how trading one else can make a profit, it is an experience as well, including the losses we have experienced, it is an experience that is very valuable, because the loss is, of course, we will try to fix it.
mistakes aren't the only real means in order to get expertise however these are so minimally necessary as a result of mistakes aren't forgotten simply and then we do remember them to produce a longer length of time thus we will behave higher after learning from our mistakes. i continually strive to firmly understand about my mistakes and analyze them and check out to firmly learn from them.
Yes, I think loss is not the best way to get experience. The best way is to trade with a demo account. If we could do a trade not less than 3 months it will be very good. because we can get a lot of experience and certainly we can recognize the real trade.Quote:
Originally Posted by ishvara
We could still get some experience in forex trading business before we lose. We could have easily made sure that we traders in forex learn forex very effectively before we are able to succeed in it.