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No doubt there is lot we can learn from the failures and even mistakes we make adds to our experience, but it never means that we should invite the failures knowingly or should intentionally make mistakes and losses.Quote:
Originally Posted by fx.rainfall
try to rephrase your phrase, say 'experience is the piller of success'. seriously, losing real money in forex market dont serve you anything so trade in demo first until you get proper risk management lessons, then with that experience trade live.
Actually this is correct that the failure is the pillar of success. SO in the Forex trading if u can afford ur all try in to the trading and then if u fail so in this time u have find out the actual cause that for which thing i am failed. SO after finding this u will do trade too much carefully than the before time.
Ya this is true and Forex is risky market. many traders are fail for learning. Forex is like currency market and loss or profit is available here. i also got loss but i really learn for my mistake and after that my trading capacity is increase more then better and i can reduce my loss amount. now i am able to control my loss in trading and success to earn.
If you get it at a later stage you will, a failure, we become more responsible, I know you not, if failure of recurrence into account small at the beginning of foreign exchange, we more than one encouraged to do, learn a lot in the current field, it agree with your point that it is good and could worsen the situation
i do not think so that the failure is the pillar of success i think that failure help you to learn many tings but it is not related to the success you have to overcome your mistakes through which you face the loss
I think that the first principle we should know about forex trading before any thing is the forex market is the best way to earn a good income of money , but at the same time it is the most dangerous business in the world and it is not easy to make money in this marketQuote:
Originally Posted by Sachin
Yes i agree with you. This proverb is universal thruth. Every trader failed in forex market but the success in next time. So it is very importent for all forex trader.
Wo log jo apni nakamiyoon sya seekhty hain aik din bohot achay trader ban kar ubharty hain, aur gar aap ko nakamiyoon nain break kar diya to ziandagi main kisis bhi filed mian kaamyaab naheen ho sakty.
initially failed to become a part of the business, and one can collect a variety of failures and learn from the causes of unsuccessful candidates are successful people, even the alpha thomas edison try up to 1000 times that he can be successful, then why do we as a trader who only fought in 10 accounts are depleted stops here