i think learning in the demo about six month is too long friend.. maybe we should be seriosuly to learn so not too long for learning. 1 until 2 months are enough.. also i think all trader not be patient to make money from real account
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your comments are very nice and just my advice if we was loss we better do not trade because our emotions are erratic, since according to my experience at the time of loss we do over trade and over the volume of lots, because we want to immediately restore funding or recover balance that have been lost, so do revenge, its too bad for account that we manage ...
Results that we get in demo accounts are quite different when it comes to real account and since most of the traders do not take demo accounts seriously the results are different.Losses are also part of this trade so one can learn from their losses and also learn from other traders losses and learn from their mistakes and try not to do those mistakes.
Yeah, according to me mistakes ae leads to learn lots of thigs about forex market and this is comes out true for me. While in case of other myself don't know because everybody has own opinion and own way of thinking.
SOme people learn much from demo account by practice hard and trying strategy over forex market.
No, I don't think loss is the only way to get experience. What is the use of those experiences that teach only failures. We need experiences about success. Making mistake is not crime but repeating the same mistake over and over is. So we should think about making good trades so that we can get positive experiences, not that lose only and get lots of experiences about failure. Trading better is the only way of getting experience in my view.
I do not think there was someone who could instantly a successful trader, all need to process and may not be instant, right you are saying that we need to experience success, but for the beginner must through a process that is not sweet, all need to feel the bitterness of the struggle and the experiences so beghinners could feel sweet at the end of it all
Thanks for this post. i hope loss is the best way to get Experience if you recover this loss the next time for your Forex life. if you loss at first you must find out what is the reason for this and solve this problem as early as possible. and take care for next time.
of course, i agree with you, not only loss become our experience, but success experiences are needed as mirror for fix some problems and mistakes to make it better
so i am here to find some information for me to develop my skills and system with bad experiences and good experiences
and as i know there is no success traders without them
Well, it is not true that loss is the only way to gain experience, but yes, it is the best way to have good experience. When we commit mistakes, we face loss and afterwhile we begin to realize about our mistakes. We try to know the reasons what were the mistakes, what are our weak points, etc. After that we try to find out the solutions of those problems and we improve ourselves. Thus, we get experience from our mistakes. So, from above we can draw the conclusion that facing loss leads to obtain best experience.
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.
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 did
I what we do not know about, we must have the problem of many mistakes and losses. That is the same with the forex market. Part of the experiences that we will get will be from losses. The more we lose, then we will be able too see the reasons that we are losing and we will correct it.
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.
loss se kafi tardes bahut kuch seekhte hai lekin isa zaruri nahi ki sirf loss se hi aap seekh sako
aap agar normally market ko watch karke demo tradimng karte rahoge, tab bhi aap kafi kuch seekh skate ho forex market me
forex me jitna zada seekhoge utbna zada profit hoga
well said bhai
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
overconfident hi sabse galata cheez hai woh hi hame hamare barbadi ki aur leke jata hai forex mai hi nahi koi bhi bussiness mai insan ko over confident nah hona chaye
ya its one of the factor of earning experience because failure is the 1st step of success.if you do some mistake in your trading due to which you may suufer a loss.but next time you will not do the same mistake
ya you are absolutely right combination of both losses and profit will give you a great experience and by using that experience in future you can earn good profit
ya bro you are right you should first learn to earn small profit and then after gaining experience you should aim at higher profits. because intiallly it will help you from suffering larger loss
I do not think so, but the loss is one way to gain experience in forex business ...
of loss that we have to learn, to know what the cause, then we are correct that we do not suffer losses again ...
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 ...
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 ...
better before opening a real account we are preparing weapons to trade in real account ...
loss cannot to avoid, but we can minimize the loss. i think any a good and most good startegy that can making loss, but the loss is too little while the profit is very big. loss is the part of forex trading, i never see a professional trader never getting loss in their trade
No loss is not the only way for learning and getting good experience in Forex trading market.
But Loss can not be avoided in Forex trading and today or tomorrow we need to face it with brave hearts and there on post pone or avoid the loss.
bilkul sahi laykin jo experience loss ki waja say hota hay wo hamesha ghehra asar dalta hay, profit to aaap ko mazeed trade ki taraf lay jata hay, aksar aeas hota hay kay 7-8 winning trades kay baad newbies traders ka bara loss ho jaata hay, os ki waja yehi hoti hay.
Only loss cannot be a part of experience. Profit is also experience. You can learn from loss what mistake you have done. Next time you should try to avoid those mistake and from profit you may follow same to profit. Some people do well in demo account and make loss in real account because there is nothing to loose so you may practice in real account by spending $5- $10 but do it after demo trade. Whatever you loose in Forex take as experience cost or learning cost.
yeah, loss is not only way to learn or experience about forex market. You will learn from other experience and mistakes too. And you will able to make profit in forex market by stick with your basics and avoiding mistakes you had made last time so that you will become successful trader in forex market.
A wise trader is the one who avoids losses and he can also learn by mistakes and losses of other traders and when he can talk to others he can share their past experiences and not make those mistakes himself.He does not have to make mistakes while trading when others tell him that he will loose.
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.
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.
your comments are very nice and just my advice if we was loss we better do not trade because our emotions are erratic, since according to my experience at the time of loss we do over trade and over the volume of lots, because we want to immediately restore funding or recover balance that have been lost, so do revenge, its too bad for account that we manage ...
If you want to become a successful and rich trader in near future you should always first think of surviving this market and for that it is important that you aim at consistent profits and be it small amount.Once you make that then you can increase your profits by increasing your lot size for same number of pips.
It is not necessary if you do practice on demo account seriously just like your real account and learn from different types analysis and decisions carefully and learn from your mistakes during practice on demo account.
Do not rush to double the lot size in trading, make sure first if the system you use is completely able to generate consistent profits ...
I think the best time to know the greatness of our system is about 3 months, if within that time we successfully generate consistent profits then we should double the lot size ...
It's not like lose is the only way to get experience . no one would want to lose always to get some experience. but as a matter of fact lose does brings a lot more impact on us and let us know what are our drawbacks and faults, which we can then correct.