Is Loss the only way to get experience in Forex ?

the forex market fares much better than other financial markets in this respect.As a matter of fact, the forex market is one of the most profitable in the world.This is made known by the fact that the forex market trades in over 3 trillion dollars per day.The question of whether the forex market is profitable for the common man is one of the most common.Yes is the undeniable answer to this question.analyze the following:

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While the forex market trades in all international currencies, eight currencies are the most traded.The Euro, the British Pound, the Japanese Yen, the Canadian Dollar, the Swiss Franc, the American Dollar, the New Zealand Dollar and the Australian Dollar are the eight currencies.

You use the profit and loss ratio ot calculate how many pips that you are goig to set as your SL and even TP. In every case, it i swise that if you are using a target of 100pips, then you will also use a SL of 50pips. I hope oyua re cleared.As far as stop loss is concerned we have to use it in all the trades as we do not wantto bei n any bad trad3 that will take away the profits from the good ones.

we can get many experience in many ways. not only from our loss only. we can get many experience from other other, or just read many experience from other traders. i learn from other's experience, it makes me never makes big mistake in my trading

The method of price action analysis involves using a raw or indicator-free price chart to analyze the forex market and make trading decisions. There are specific price action setups that form with periodic regularity in the market that you can learn to spot and profit off of. This method makes trading the forex market very simple yet profitable and enjoyable at the same time. You can even concentrate on only trading the daily or weekly charts so that you can trade around your own schedule by only needing to analyze the market once a day for a few times a week.

yes, the loss was a valuable lesson. we can know the mistakes trading, and seek solutions so that in the future we can get a profit. but if you often get a loss, then your account will be margin call. so you must have the analysis to minimize loss

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Originally Posted by endischa

i think if we want to get experience we can get in to forex forum so we can share with other
proffsional trader , we will get their experience how to make profit in forex market and how to keep our account always profitable.

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Losses experienced by the time we carry out trading forex is finished in an in experiences that will help us in improving forex trading,,, so that if we experience a loss should not take the positive side of depression

i'll answer this question each ways for everyone, firstly as a fresh comer during this business there's slight possiblity you can learn all the things would like other then still if you come back to actually a live a/c you can't predict the trend accurately thus loss goes to actually happen somehow or the opposite coz in any case its a business, on the opposite hand if you think that possitively according in the proper principles in which case you may not face loss other then profit and this are only able to happen if you really learn and practise for atleast 3 months on any demo or possibly a cent a/c other then are you likely to fopr this a lot of practise ? will the sniffy smell of cash hold you back that long ? there you've got the answer.

Some people may be scared of forex trading, but there is no need to be. Maybe the rules of the market seem a bit difficult to unravel. Of course, it's always best to approach any financial opportunity with an air of caution and even skepticism.A great way to help them to have access to the advantages of hypnosis is through personally hypnosis mp3s. It is very favorable if you can gain the rewards of hypnotherapy back then and place that is most comfortable for you.

no.. loss is not the way to get experience
you can learn and practice on demo account before try real trade
or you can take other friends experience of loss than you have to loss by your self
so loss is something that we tray to put it away from our trade
good luck :kiss2:

for me,, i'm new in forex world,, it just two month i start trading with real account,, untill now i has loss my money,,but from that,i get experience to make a better traders,, stay positive thinking :)