indeed all the traders have suffered losses. whether beginer or expert. but, for an expert, if they have a loss would immediately take action to get back into profit. thus, the ratio is greater profit than loss.
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indeed all the traders have suffered losses. whether beginer or expert. but, for an expert, if they have a loss would immediately take action to get back into profit. thus, the ratio is greater profit than loss.
"Good judgement comes from experience and experience comes from bad judgement"... So you should not feel angry when you faced any loss.. It could be your ladder to success in the future.. So you should take loss as you take profit from your trade..
mentor I congratulate me because I made a mistake. due to an error, we can learn something new. in forex the most important is the experience, whether that experience made a mistake or did the analysis correctly. both give the same lesson.
Loss is good way to get experiences in Forex but i think this is not only way to get experiences. if you try demo account trade before real account then you also can get experiences and knowledge. its a matter of time.
No I don't think that loss is the only way to earn some experience from the Forex market and also for the Forex market, because I think if the person who wants to become a good trader so he or she should try to practice on the demo account on that manner they can get good experience and have no need to loss their money.
indeed true, one is always reminded of the experience is when we experience great loss or margin call. but, it's not the only way to add our experience in trading. you can learn a lot from the master trader who has been successful. I think this may be the spirit for us to be more excited.
I think so. Loss is not the only one factor to gain experiences because there are many other factors to get more experiences aboutQuote:
Originally Posted by manibhai2012
how to trade well. I can get more experiences from trading in demo account, from forex forum, from any websites and blogs, etc.
And I can use trading journal as notes to know how to trade better.
Mere hisabse loss karke he sikhna parega or experience hoga aaysa jarury nahi. agaar hum log pahelese he practice kare fer real me aye tab hume loss hone ki samvabna nahi hota hay. to demo ve ek accha jariya hay bina loss ki experience ki.
Sometimes we can get experiences from losses if we learned from our mistakes (usually when there is trading journal).Quote:
Originally Posted by barkiman
But it's only one of many ways to gain experiences so don't learn from losses only but also you must learn from your good
trading which caused profits.
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.