Is Loss the only way to get experience in Forex ?

[h2seeb]

no it is not important that every trader lose.but i think if a trader lose in first trade then he take it as a lesson and try not to repeat it in next trade.and trader have to build the confidence by thinking loss as a lesson

[Santa Shila]

correct errors in forex is very necessary for my friend. when we correct our mistakes then I think we begin to learn and one day, we can say that we learned something good from forex due to errors.

[man_yoyo99]

forex trading is a risky business, but we do not be afraid to risk it, I'm sure if we are well adept at managing the trade, the risk that we may pass, and we will always make a profit from this trade

[rmizanur]

Loss and win associated particular in forex. No loss no gain so after loss you should not fail your confidence, after practice you will be perfect and take consistent income, so, loss is not the only way of experience, day by day you will win trade and learning forex.

[amhp]

Most of the new trader holds over confident about there trade. For there over confidence the do emotional trading & over trading. They haven't maintain proper money / risk management & they haven't try to avoid emotion/ greed. As a result they get huge loss & sometimes they face Margin Call. When anyone face this unwanted / unfortunate situation then he try to understand what's his wrong, after find that he try to make him perfect for forex trading. So I think loss is the only way to get experience in forex trading.

[gulking]

g hain los ssy ap ko acha experiance ho jat ahin maira first time loss huwa tha mujy experiance ho gya tha ky kasy krna hain trading loss ky bagair kaffie logo ko trading smj main nai atie hain ahsa main na boht dykha hain

[sonyole]

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.

Loss or profit is a consequence that must be faced by every trader. Loss or profit would also add to the experience for traders. But, in general, the incidence of "loss" is regarded as a meaningful experience. There is loss indicates that there is an error in the trading system that we use, which can be derived from technical trading, trading analysis, trading money management or psychology. These errors will be detected if we were able to find the cause of loss.

[Fibonacci Gartley]

everybody have experience of wins as well of loses. And these experiences are vital for our growth in forex.
We learn from our mistakes and loses, finding out the result of the loses helps us to be aware of it in future trades. it will definitely improve our trading if we are able to avoid the mistake when those circumstances appear again. so loss is a great teacher.
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.

[marsya]

Then you may not face lossif you think possitively according to the proper principles butare you ready fopr this much practise? can the sniffy smell of money hold you back that long? there you have the answer. profit and this can only happen if you learn and practise for atleast 3 months on a demo or a cent a/c...

I think its normal Loss and Profit inforex, this is purely a business for me though I do not have the capital to make it as big as I want but whenever the capital comes forex is a business for me and I am in it for profit and nothing more

[umairsaleem]

Then you may not face lossif you think possitively according to the proper principles butare you ready fopr this much practise? can the sniffy smell of money hold you back that long? there you have the answer. profit and this can only happen if you learn and practise for atleast 3 months on a demo or a cent a/c...