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Posted

Many new traders lose money in start however those who let go off these losses and move forward make their way earning good money from forex trading.

  • 3 weeks later...
Posted

Its not necessary you make profit all time you trade, eventually when your a beginner mistakes may happen and you may lose but this should not lower your confidence instead build learning attitude by learning from your mistake.

  • 11 months later...
Posted

that's all that has been described, this is called gaining experience, this is the only way to achieve success, well, don't forget about which broker you work with, this is much more important, for myself I chose the Amarkets option, a broker with the best conditions on the market

  • 4 weeks later...
Posted

Honestly, this is far from a mandatory aspect for work. It is worth understanding that everyone learns from their mistakes, and mistakes are not necessarily losses.

  • 2 weeks later...
Posted
On 5/1/2021 at 10:58 AM, Aniab said:

The path to success without losses is almost impossible, but you need to strive to make them minimal.

Yes, I'm glad you mentioned this. Minimizing losses is important - we need to accept that we will suffer losses along the way, but the only way that can be a constructive experience is if the losses are under control as much as possible.

Posted

I believe that losses are far from being an indicator of success. It is more important that the trader understands, and most importantly - delves into the process of work.

  • 5 weeks later...
  • 2 weeks later...
Posted
On 7/4/2021 at 2:50 PM, Vaabum said:

As for me, it is not necessary to lose money in order to gain experience. Just work on a demo account, and analyze your work results.

Trading a demo account is always the best way to learn trading as well as broker's processes without spending any money.

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