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I don't think that loss is the only way to get experience. In case of loss, traders also can be experienced and they also can learn from their mistakes and chance of repeating that mistake will be less but I want to mention again that it is not only way. They can be experienced by learning from experts, articles and internet which helps them to take correct decisions for utilizing opportunities which also boosts up their confidence level for further trading.
actually not the only way, but the effect of the experience gain from trading forex losses, making it increasingly conscious trader to continue to try to repair itself with this strategy to be less willing to take decisions that are sometimes incompatible with the purpose carrying out tradingQuote:
Originally Posted by MTEBESSI
yes bhai agar humara koi bhi dost ek achcha trader hai to hume uski help leni chahiye uski help se hum kafi kuch aur kafi tezi ke saath sikh sakte hai hume apne dost se salah leni chahiye aur puchna chahiye meri is trade mein kya galti thi aur us galti par gaur farmaye
Loss happens when the study we have done about the markets is not right which actually hinders the development of the trading potential and thus the profits. If the loss can be learnt and we can do a self analysis we will be able to get to know about the reasons for the Loss.Quote:
Originally Posted by nurhidayah
yes you are right i agree with you i think that we should lesten to the other experience traders and share our ideas with them so why we are here and the experience i think yo can get it from the simulation in the expert tester too you can apply your strategy there and see the result
i dont guess so well for me i think that i find a good way to get expereince quickly.. when you open the platform go the expert tester and put any expert but you should trade with the histry i mean that you apply the strategy and you will see what they will happe just apply it in the present market because the history turn them self
not also, losing is good experiences and also profit...we can take some benefits from them to develop and fix the mistakes and then we can complete the weakness or just make better our system for trading..so everything can become good experiences and experiences are the best lesson for the traders
not only with losing to get some experiences, we can get it from all we have done for profit, losing or also we can share with each others...so we can develop, fix the mistakes and complete it..and all thing we have accepted, we can use it as good motivation to keep trading with safe and very well
Yes, we can learn from our profits too so in the future we can gain more profits or at least we got same profits likeQuote:
Originally Posted by sagar
we got because in forex, history could happen again. So it's not only loss which can give us lesson but also profits. If you
can evaluate yourself so you will become better traders although you faced losses rarely.
losing and winning will give the trader good experience and because they willg get the different condition and learn how to fix and complete their weakness and also they will learn and practice to make profit with consistent, so it is good if the trader do not feel bad when they got some losing and do not feel happy if they get some profit
keep stable the emotion will keep good their trading