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I think all traders should got some loses on beginning. This should be the reason to become experts. So, loss is the way to get experience. And also there are some ways, that we may get knowledge in demo and practice in cent account. this may avoid loses.
har trader ko loss hota hi hai initial stage meQuote:
Originally Posted by venkiaries61
chahe aap jitna marzi demo me trade kar le..aapko live account me loss hoga hi starting me
tabhi kaha jaat aghi ki aap bas utna hi invest kare jitna aap loose karna afford kar sakte hai
Meri hisaab kissi bhi field mein experience do tarah se liya jaa sakta hai ek toh aap mistake karen aur phir usse future mein na repeat kare toh thats your experience.
Secondly, aap dusro ki galatiyo se sikhe joh unhone galti ki hain woh aap na kare.
In forex, same way don't use big lots size and do trading with small amount as u had into your account.
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.Quote:
Originally Posted by Victoryindia
Loss sy hamen sekhny ko milta hy agr hum apni mistake ko dobara repeat na kren tu.
You should use proper MM and if your account balance is $100 , you can afford to use a lot size of 0.10 or even 0.20 . In that case your SL and TP should be in narrow range so that you don't loss much and don't felt greedy.
Yes, we should not not concentrate on profit only. we may reach both loss and profit. we may aim to get overall profit. thats the intelligent way. Otherwise, you lose your funds.Quote:
Originally Posted by akshay1728
loss is the part of the our forex trading...every trader want profit in every trade..loss is cause of our mistakes and wrong analysis..so we could try to learn frm ths loss..and u wil get experience automatically..there is many way to get exeperience,.bt nt loss is only wayQuote:
Originally Posted by venkiaries61
Yes, thats correct. Loss is the not the correct way to learn. There are many way to get experience, you risk very small fund in cent account. And also we may get experience through demo account.Quote:
Originally Posted by Ronak
I do not think so, but the loss is one way to gain experience in forex business ...Quote:
Originally Posted by shahzad0able
of loss that we have to learn, to know what the cause, then we are correct that we do not suffer losses again ...
Loss is not the only way to learn as we have to learn basics by studying from different sources. Loss will teach us our mistakes and learning from mistakes has always very impact. It will help improve your trades for sure.
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.
i say yes.Because most of the traders learn their lesson only after losing in forex.but still there are traders who made profit without losing.But its really difficult to maintain without loss because in forex even the pro will get a loss.
No loss is not the only way to get experience in Forex as a smart trader can always learn from losses suffered by other traders and learn from their experience and not do the same mistakes which they did.It is not important for them to suffer losses.Quote:
Originally Posted by Jazpa
losing is the part of the game but you have to reduce the losing to the nil while trading forex as for long in demo accounts then only you can become a professional trader
ji ha sahi hai loss is a part of business but if you got to short out the loss part then better get some tuff learning and practise before making a HOPPING RIDE TO THE REAL A/C AND ALSO NEVER LET GO OFF THE SIDE OF SL COZ SL IS A LIFE SAVER TRUST ME GUYS WORDS OF EXPERIENCEQuote:
Originally Posted by anubhavsingh
this is a very important point that u have stated here brother, har newbie ne yeh yaad rakhna chahiye ki jab aap thik se practise karte hai toh fir bhi real a/c par hamesh chotese hi age badhna chahiye matlab ki hame lot size 0.01 rakhni chahiye aur kam capital choose karna chahiye kyuki iss tarah se haam ache roots gain kar sakte hai forex mein, mainly kya hota hai ki new ppl think that with small lot sizze they will make small profits like a dollar a day and so go for big play and then they learn the harsh truth of loss, remember always that SLOW AND STEADY WINS THE RACE!!!, trade small now and then after proper experience you will gain big.Quote:
Originally Posted by diesel1984
i will answer this question both ways for you, firstly as a new comer in this business there is slight possiblity that you will learn everything you need but still when you come to a live a/c you cannot predict the trend accurately so loss is going to happen somehow or the other coz after all its a business, on the other hand if you think possitively according to the proper principles then you may not face loss but profit and this can only happen if you learn and practise for atleast 3 months on a demo or a cent a/c but are you ready fopr this much practise? can the sniffy smell of money hold you back that long? there you have the answer.Quote:
Originally Posted by waheedpcc
yes most newbies hardly give time to demo a/c coz when they make small amount of profits in demo then they think that they have become masters of forex :P hardly do they know that in a real a/c a small mistake is gona make them loss and MC, staters should atleast spend 2 months in a demo a/c and then they will be perfect, i have spend one and a half month in demo and then entered live trade but m still stuck to demo a/c for practise and perfection to make a new good strategy.Quote:
Originally Posted by sanjeev
bumping a loss is also a way if you think that way, see the thing is til you dont taste a loss you wont get to know the loop holes in your strategy, with that loss you can also get to know where you lack in analysis and trading, you will also find a reason to go and learn more and strive to get a more perfect strategy so its all over your benifit only from this loss experience,! i am not saying that loss is the only way but m saying that loss can also teach a lot more than what we can learn from others losses!
When we make the loss we do learn a lot from it and then we have to wait for the markets to see when we can start the trading again.
Learning with the lessons of the past we would be able to refine the trading style and then make sure that we can make good and lasting profits
mein ap se agree nehe kerta kuin luck forex mein nehe chelta, ager trade achi kerni ha to jarori ha k hum anpe analysis ko ache kerien, apni weakeness ko finish ker dein, kisis superstition per believe ker dein
Ager loss he experience hasil kr ka way to pher demo account haina is purpose k leye
i think loss is the only way to get the profit, because loss give you new lesson on each time, jeb tek humhein loss ki waja maloon nehe ho gi hum profit mein kaise aeen gein, hain aik baat ha is kam k leye humhare pass demo accounts jahan hum trade ker sekte ain , lekan money virtual hoti ha isi waja se hum psychology rest mood mein hotee hainQuote:
Originally Posted by anubhavsingh
sometimes though we have knwoledge and exeperince we failed to get sucess....this is cause of no proper money management,,and discipline...loss occurs when we make mistaakes..so we should improve trading with daily experince and should consider money management in proper way with proper timeline....and loss is the one of the ways to get experience but not only one way..
yeah you are rite..... but even after losses we dont learn as sometimes we dont know what mistake we did whhile trading we do not realise it ..we always are insearch of our mistake....so next time you make a mistake stop and wait do trade further but ananlyse your lost trade and see what mistake you didQuote:
Originally Posted by sachin
Forex is nothing but a true business.
So, there are always a chance of experiencing profit or loss .
well said bhaiQuote:
Originally Posted by nuh514
life me jaise jaise experience hota hai wai waise hi aap usse seekhte hai
los bhi ek tarika jai jisse ap forex me seekh sakte hai..lekin zaruri nahi ki aap loss se hi seekhe..aap dusre traders ke experience se bhi seekh skate hai
jo bhi tardre ye sab seekh jaat hai uske liye forex easy ho jata hai
Not Demo is very good way of trading experience.You can get experience about forex on demo account without any investment and loss its just free of cost. I think is very simple and nice way of experience.
yeah, but in the demo we feel something is not enough. demo account not need a psychological when trade, because we use a virtual money.Quote:
Originally Posted by ali1011
but demo account good for us if we are beginner trader and learn something about analysis and startegy in forex.
therefore we should treat forex as a business ... make a good planning, good management, and target what we want, as well as the risks that might occur ...Quote:
Originally Posted by lovefx
no this is not true, if you were to get married and divorced because of a failure in marriage does that mean you gained experience of marriage ?? same way 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, a person married for 50+ years is more experienced than a person who got divorced immediately, same way a person trading the same account and collecting profits consistently is more experiencedQuote:
Originally Posted by shahzad0able
loss is part of the forex business, but if we can avoid the loss from the outset for what makes the experience of loss in forex ...Quote:
Originally Posted by lovefx
better before opening a real account we are preparing weapons to trade in real account ...
Loss may be the only way which gives you knowledge. If you will not get lesson from that then you will be again a great loss. Loss always teaches you that what you have to do and what you dont have to do.Quote:
Originally Posted by Mr. Tukul
yes for me it is all loss so far but I would say that loss is not the only way to learn and gain as if you gain while you are experiencing forex then you can say you were lucky but when you lose in any business then your loss can teach you a lot which you may not learn while you are earning but some how there are advantages for losing money too. hahahhaa
yeah.,..good preparation is must while jumping to the real trading...but loss is also the one of the part of the forex..so we should not take it easy but should find out the mistake and improve efficiency of trading...then can we able to get good exeprience from loss or mistakessQuote:
Originally Posted by Mr. Tukul
bumping a loss is also a way if you think that way, see the thing is til you dont taste a loss you wont get to know the loop holes in your strategy, with that loss you can also get to know where you lack in analysis and trading, you will also find a reason to go and learn more and strive to get a more perfect strategy so its all over your benifit only from this loss experience,! i am not saying that loss is the only way but m saying that loss can also teach a lot more than what we can learn from others losses!
we have to experience loss, because we can learn from it and we can find what wrong we did so we don't have to do it again the next time we trade, for us to become a better trading. so loss is needed for beginners, because if we win at first, then we might get excited and trade bigger lots and then we will experience bigger loss.
No, loss is not the only way to learn forex and loss is the very bad way to learn forex. The most better way to learn forex is to practice in demo account for about six months and when you learn all the strategies and basic rules of forex then come in real trading and start learning the real forex trading with a consistent profit.
Jab hum loss laitay hain oor hamara sara balance zero ho jaita hai to hum khetaiy hain k hum next time iss terah nahin kerain gay but after some days we do same mistake and again we take loss. lakin taking loss and gaining experience is not true. Taking loss and thinking how it is done? so correct it in next trade and stick the rule. so this is gaining experience.
you are right hamen hamesha chote lot size se shuru karen even
even aaj bhi main .01 lot se hi start karti hoon.
agar hum chote profits karna seekh jayenge to bade profits bhi aayenge
bade losses bear karne se acchha hai chote profits.
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