It's impossible to lose money in Forex!!!

That is a pretty big if though.

I disagree wholeheartedly. I have lost in the markets however I continue to trend upward in my overall performance. In the beginning I used to lose all the time. I still think there are a lot of traders who continue to lose money, even experienced ones.

Ahh this thread is 12 years old (insert black humour jokes please).
But I need to post so I can open new threads.
So.
You will lose all your money in 2 ways:
1. Your self esteem is over the roof and you think you know it all but you don't know how much you don't know.
2. Your adrenaline rush will make you close deals while on loss and not giving it a chance to recover, which it does.

2 weeks in trading and I lost 25 $ out of 250, recovering from 200 (idk how you guys calculate profit / loss).
My biggest loss was 18 $ - as stupid as it sounds, it was a misclick due to my lack of experience with the trading platform). Other losses were mostly PANIK closings, with another few small amounts because of clicks on the wrong things.

just like any other business, you can surely incur losses in forex trading as well. Their might be a situation when you analysed the trend, placed a trade and it flipped your prediction. Since forex market is completely uncertain you cannot have complete control on your trades.

Learning to trade is very important to do forex trading. If you don't learn to trade, you will lose. And in trading, you have to trade by managing 1: 2 risk rewards. In this case, even if there is a trade loss, the risk-reward has the power to cover that loss. If you want to start trading, it is better to practice demo. If a trader enters the trading world without demo practice, many kinds of problems can arise.

loss is an inevitable part of trading that cant avoid in spite of having most powerful analysing trade knowledge and experience. a loss can give us a great lesion that cant provide a profit.

Yes, losses are a part of forex but as traders we have to take necessary steps to minimise the possibility of losses. Else no fun in trading.

Loss is a common thing in forex trading. If you can make a good and profitable strategy for you, it is possible to reduce the losses.

That is an excellent way of putting it! I absolutely agree!

Very well said. Losses should be taken as lessons and henceforth should be avoided in future.

No strategy can give a 100% profit in Forex trading. Because Forex is a potential market, so if you want to make a profit here, you must trade with risk rewards. You have to constantly learn from the loss. And a lot of profit is possible if you work by maintaining discipline all the time.

You can lose your money in the forex market if you don't have any basic knowledge about trading