Is Loss the only way to get experience in Forex ?

Quote:

---

Originally Posted by zahidrock

I think experience is not depend on losses. If you start this business after getting more knowledge then you can be more expertness with reduce your losses. But without losses nobody can't be a good trader in this business.

---

Agree with you. Experience is not depending on losses although it's possible to gain more experiences from our losses. Experience
can be gained from practices account in demo account which has no risk at all although we lost in there. We won't lose anything if
we lost in demo account but we still could get experiences from practices in there.

Quote:

---

Originally Posted by sohankhan

actually many people learn a special and very important lesson from a fault or a mistake or a loss. so in that case if a member loss into trade then he learn an important lesson of success.

---

Many lessons can be learned from loss but is not the only way to get experience when trading forex. You can avoid some unnecessary losing sacrifice if you just take out time to read and practice on a demo account. This way you know what to expect from certain market behaviours so that what you will learn from loss will be reduced.

Quote:

---

Originally Posted by will

Agree with you. Experience is not depending on losses although it's possible to gain more experiences from our losses. Experience
can be gained from practices account in demo account which has no risk at all although we lost in there. We won't lose anything if
we lost in demo account but we still could get experiences from practices in there.

---

I think demo account is not best for getting experience about this business. because on demo account we can't feel any pressure for losing money or earning money. If you can't feel any pressure then you can't realize any important thing in this business.

The loss not only be part of this experience. The advantage is also an experiment. You can learn from the loss of what you did wrong. The next time you should try to avoid that mistake and the benefit that can be followed by the same benefit. Some people do well in the demo account and made a loss on a real account because there is nothing to lose, so you can practice in a real mind spending 5-10$, but do so after testing the market. Whatever you loose on the foreign currency in terms of cost or the cost of making the learning experience.

Quote:

---

Originally Posted by shahzad0able

Its a general concept and conclusion that experience comes with the failures and losses, is it true?
If true, then what is the reason behind it? Can we just get experience without getting loss or is the failure the only way to get experience? Why the beginners in the forex, in start suffer losses and then become experienced to handle the trading to get profit? Is there someone who had gained experience without losses?
Please share your views.

---

Yes i think that that's right loss is the good and best way to get experiences but that's not mean this is a only way to get experience. you can try demo account for save. in demo you can practice and also you get experience too.

loss and profit both is part of forex. we get experience both from loss and from profit. Trading is the source of experience both good and bad.

Obviously we can learn from anything we face in everymoment in this forex trading business. But thats also true that sometimes we can be a good student that fast learn something when its happen by sad ways like loss or even margin call. Something bad cause by our failure or mistake teeach us better than any good kind like hugh profit or something. So, lets just take some lesson from every moment we get form our daily activities on it.

loss and profit is a part of every business. zaruri nahi ke agar hum loss he karen ge tab he humain trading ka experience ho ga. mere khayal main trading ki practice karne ke liye demo account best hai. forex main humain trading sloe and steady karni chahye ta ke loss kam or profit zaida ho or experience to sath sath aa he jata hai.

anyone can be a good and better trader by growing the knowledge of the market and by looking at the economy rate of America and UK. training is the basic kep point and continuous process of making the profit and learning how to.

the thing is til you don't taste a loss you wont get to know the loop holes in your strategy, with that loss you can also get to know where you lack in analysis and trading, you will also find a reason to go and learn more and strive to get a more perfect strategy so its all over your benefit only from this loss experience.