Is Loss the only way to get experience in Forex ?

[wahyu setiyono]

I think not only with the loss we get trading experience.
we can gain trading experience of reading articles and joining forums about forex
other than that we can also open a demo trading account to gain experience

[mazprofx]

to get expericence in forex you have to mistakes and then only you will learn from that mistake and the mistakes in forex trading costs you some amount of money so yes the experience comes with some loss of money that is why it is advised for the newcomers to do demo trading.

[hestia]

no, actually we dont need to get loss or get margin call first to learn many things about money management, because we can learn from other traders who ever get loss or get margin call

[tourine]

there are many ways for you to make experience in forex trading but you olny can get best experience when you take loss. Loss is a part in this field. When we are new, we should take some loss for geting best experience.

[manish]

I dont think so. You can study from loss what fault you bonk through. Incoming period you should try to desist those nonachievement and from profit you may analyze comparable to profit. Any people do advantageously in demonstrate account and neaten loss in existent account because there is naught to friable so you may implementation in realistic account by disbursement $5- $10 but do it after exhibit trade.

[fxmoney]

You must have to learn from the loss that you get in the past as it will only teach you to avoid the things that you are doing while trading. so that you will able t improve the trading performance. so loss may be one of the main factor due to which you can improve your trading.

[mansko]

yeah,,, Its true that we should be able to face losses if we want to get profits but we can minimize losses by working slow & steady & keeping patience. Only loss cannot be a part of experience. Profit is also experience.

[fxenjoy]

i think loss that may be obtained simply by forex trading foreign money dealers in fact could possibly be lowered. Second of all any currency trader can easily constantly program far better down the road according to their particular connection between damage nowadays and prepare far better income inside their fx trading.

[samoilkat]

No one want to get loss in this market but we can not avoid loss here, loss is a part of this market, we will lost much money then but we will get more experience. But we can get more experience from other people, not only from loss.

i agree with you and want to add some more that there is much loss in forex if the risks are more and if the risks are less then we can get back our money without any big problem to do the well tradings. so experience comes after loss in forex.

[nayeem mahfujur]

i so think, That is where the forex market comes in. Transactions like that take place all the time. The market maintains a rate of exchange between the US Dollar and the Mexican Peso (and between and amongst all other world currencies) to facilitate that activity. Consider the amount of global trade which takes place and you can see why the forex market is the biggest in the world, dwarfing all others. Literally trillions of dollars worth of forex transactions take place each and every day.