Is Loss the only way to get experience in Forex ?

[hiba]

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.

[zaidis]

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.

[zahidrock]

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.

[nobby]

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.

[will]

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.

[M shoaib]

you may say that loss can make a trader to learn more or put more efforts in getting Knowledge but every mistake you do in a trade will cost you a lot but it will lead you in getting appropriate knowledge about the trading thats how you can improve your trading skills not diffecult but a trader can learn from his mistakes

[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.

[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.

[wulandari]

loss its not the only way, but profit in part your way too, remember lose is a mistake, and we learn from mistakes right? so if you face lose, you will reminded why this works, and why this not, you will understand which way to generate more profit

[roberto110]

A demo account helps in so many ways too to all kinds of traders but it is only the serious ones that will benefit immensely from this free facility. If properly utilized, a demo account can save a trader from making huge and unnecessary losses on his live account, but I think even though there is a demo account if you do not study it seriously, until whenever we're not going to get the best results in real trading, you as a beginner should be able to utilize the facilities of this demo account to learn and study forex.