fadydodo Posted February 17, 2011 Share Posted February 17, 2011 You Must Lose To Make Your Succeed i'm trading from more than 18 month i gained little experience by notice and reading first thing you must know in forex is (( you must lose to earn )) yes it is real fact you wont earn any cent before you will lose more do you want to know why you must lose??? because with lose you will gain experience and experience make you professional and will earn more so , please in your first trades, trade with a demo account to lose unreal money use demo account for 3 fo 6 months you will be the winner you will lose unreal money and gain experience which will make you earn more money with little lose. also you should know that trading with real money differ from trading with unreal money. the difference is your Behaviour ( fair from lose and greed to earn more ) Conclusion - Do not be hasty in the transition from Demo to the real account. - Type all your notes to what won or lost a particular transaction, type the month, day and time that have taken place where the deal and putting them in the special Notebook Forex. Where you will use as a reference at the beginning of the real trade. ( your Demo account to learn you not to make money ). - In the first month of trading real try to start a small amount and appropriate, because you will lose ( Do not worry, you will gain also how to deal with the feelings of fear and greed ), Therefore considered the first amount to teach you how to control your feelings ( Don't forget your notebook where your notes written in , it will help you in real account ) my topic is just my opinion , you can trust me or not , it's your decision with my best wishes Destruction. Quote Link to comment Share on other sites More sharing options...
caspir Posted February 19, 2011 Share Posted February 19, 2011 In start there were always a chance that you will lose, because of your nervousness of entering first time, but its not essential that you will lose money on first time maybe you will earn some good profit but most important is that how to continue this. Quote Link to comment Share on other sites More sharing options...
standart Posted February 19, 2011 Share Posted February 19, 2011 there is no holy grail or perfect trading in forex because profit and loss is part of trading. that we can do is cut loss early and not wait with hope the price movement will support us. or not doing risky trading method such as hedging but cut loss early. Quote Link to comment Share on other sites More sharing options...
sirwilly Posted February 19, 2011 Share Posted February 19, 2011 Profit and loss are two sure things in trading. The only hing we can influence is the level of loss we may end up with. Always, we should aim at earning a little, or losing a little only so that it doesn't wipe the margin on our account. Quote Link to comment Share on other sites More sharing options...
boniez Posted February 20, 2011 Share Posted February 20, 2011 seems a bit strange if you see the title, it is true that the more loss the more experience we get, but do not be a guideline, because then even so wrong it makes you want to get the loss Quote Link to comment Share on other sites More sharing options...
hexeduser Posted February 20, 2011 Share Posted February 20, 2011 You must lose some to win some...that is your main idea right? I like your tips about being organized and be too hasty in doing things in forex. One can learn through experience by losing their own money or through the experience of others too. Taking note of those do's and don'ts from the more experienced people may save you from losing some money first before gaining money. There is not a law that states one must lose some money to earn more so the saying "You must lose some to win some" is not generally applicable to all Quote Link to comment Share on other sites More sharing options...
sirwilly Posted February 20, 2011 Share Posted February 20, 2011 There's another saying that when you lose, do not lose the lesson. It applies to the majority of traders as well. Of necessity, we should always try to understand the reasons behind the losses we have experienced in our trades. Quote Link to comment Share on other sites More sharing options...
matiskater Posted February 21, 2011 Share Posted February 21, 2011 theundertaker this is really true, nothing good come with no sacrifice...you will always loose at first and may be encountered with huge problems but youll win at the end of it all good post mate;) Quote Link to comment Share on other sites More sharing options...
andry777 Posted March 1, 2011 Share Posted March 1, 2011 I think we didn't need to lose first so we could learn something in forex. We can learn something in forex market although we didn't experience loss in forex market. We could learn from another experiences too but that is true if we could use losing in forex as lesson to be better in trading in the future. Quote Link to comment Share on other sites More sharing options...
caspir Posted March 2, 2011 Share Posted March 2, 2011 Its no necessary that if your were a newcomer then you will surely get loss in starting phase, in this field experienced persons who already have spend years there and they faces a loss its a field of risk, sometimes risk give you sweet profit and sometimes give you a loss. So anything can be possible in this field only important thing which require that how you handle that situation. Quote Link to comment Share on other sites More sharing options...
t2t Posted March 5, 2011 Share Posted March 5, 2011 I don't think it is mandatary that you lose before you can get headway into making profit from forex trading, if you happen to learn much from your mentors and know much then you might skip the losing phase. Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted March 8, 2011 Share Posted March 8, 2011 @memoney there is no one trading forex who make profit consistently and even the most experienced trader make several loosing trades daily, so one should be ready to take loss while expecting profit in a trade. Quote Link to comment Share on other sites More sharing options...
boniez Posted March 11, 2011 Share Posted March 11, 2011 iit is not necessary for us to experienced loss before we succed, but was based on reality, we all almost had it, and draw lessons from it Quote Link to comment Share on other sites More sharing options...
boniez Posted March 11, 2011 Share Posted March 11, 2011 iit is not necessary for us to experienced loss before we succed, but was based on reality, we all almost had it, and draw lessons from it Quote Link to comment Share on other sites More sharing options...
andry777 Posted March 21, 2011 Share Posted March 21, 2011 @Boniez I am a little bit disagree with you. When we are on journey to become successful trader, we will experience loss but we didn't need to make many losses to become good trader. We will experience loss but we must use that lose as our lesson to trade better. Quote Link to comment Share on other sites More sharing options...
indieover Posted March 26, 2011 Share Posted March 26, 2011 we don't need to lose to learn but it's too difficult not to lose any thing at all. specially when you are learning things in forex that we were just too careless and too much in a hurry to learn things that's why we open ourselves to losses early on. but it does not have to be that way though. Quote Link to comment Share on other sites More sharing options...
Nikhil Posted March 27, 2011 Share Posted March 27, 2011 @andry777 i am fully agree with you . yes we dont need may loss but have to learn from our loss and if we continue some days to keeping our account save with SL than it possible to trade with good ratio of loss and profit . Quote Link to comment Share on other sites More sharing options...
andry777 Posted March 28, 2011 Share Posted March 28, 2011 @Nikhil Yeah, we didn't need to suffer many losses because we still have good risk management to limit our losses so if we suffered losses so many times, it means we have bad analysis and we have bad strategy, or maybe we opened position in the wrong time. We must be back to demo account again to know when is the best time to use our strategy. Quote Link to comment Share on other sites More sharing options...
Nikhil Posted March 29, 2011 Share Posted March 29, 2011 @andry777 yes actually if we loss than we need have to learn from that and have to try not to do that mistake again and if we can do that than think we never loss each time . for me i leanr many times from my mistake and next time i win . Quote Link to comment Share on other sites More sharing options...
girlaloosh01 Posted March 31, 2011 Share Posted March 31, 2011 do you want to know why you must lose??? because with lose you will gain experience and experience make you professional and will earn more "You lose, you gain experience, then lessons learned." It's definitely right. In all aspects of life, winning is not the most important thing. If you lose, it's natural. No one is perfect, that's why. Here in FOREX, I don't think that those who are experts in FOREX haven't experienced losing in trading. Of course, they have gone a long way already, and I know that they have experienced losing. Losing is not yet the end. For me it's just the beginning of your real "adventure." And that's how Forex works. You lose first, but in the end you'll win. You'll win in a sense that you're already apt in trading with your own style. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted April 3, 2011 Share Posted April 3, 2011 But it will be better if you will lose in a demo account. This way, there will really be no losses but only gains. You gain in experience on how to assess situations and how to act when face with a problem. It also helps to lose in real trading, but the pain in losing will be lesser in a demo account. Quote Link to comment Share on other sites More sharing options...
Nikhil Posted April 4, 2011 Share Posted April 4, 2011 @pinoycity actaully in demo if you make mistake than also in loss and there is not only gain. and i think if anyone really want to learn forex than he/she must be trade in demo like real and when they loss or gain atleast there will be learning . but i think only disadvantage in demo that their is no emotion involved but without it great platform to learn forex in demo. Quote Link to comment Share on other sites More sharing options...
andry777 Posted April 15, 2011 Share Posted April 15, 2011 @pinoycity Yes, that will be better if we lost in demo account and we could get some profits in real account but it is impossible. In reality, we will face loss in real account too and it can be our lesson to be better in the future. I didn't like the statement you must lose to make your succeed. Yes, we will experience loss but we shouldn't depend on our losses first to be successful but it will be better if it said, we must learn from our losses. Quote Link to comment Share on other sites More sharing options...
boniez Posted April 21, 2011 Share Posted April 21, 2011 loss in the demo account is not useful, because there is no any effect in our psychology, we better loss on real accounts, though feel sad and pity, but it does not matter as long as we experience psychological effects and make better for further trading Quote Link to comment Share on other sites More sharing options...
Nikhil Posted April 22, 2011 Share Posted April 22, 2011 Its true if we loss in demo than there is no psychological effect but after lossing in real there is great effect and no doubt in may result in our future trade . for my experience i may say my previous mistake help me my next trade although not all time i trade correctly but if we have mind to learn from our mistake than it help more. Quote Link to comment Share on other sites More sharing options...
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