Forgetting learning is an incremental learning rule in associative memories. With it, the recent learning items can be encoded, and the old learning items will be forgotten. In this article, we analyze the storage behavior of bidirectional associative memory (BAM) under the forgetting learning. That is, “Can the most recent k learning item be stored as a fixed point?” Also, we discuss how to choose the forgetting constant in the forgetting learning such that the BAM can correctly store as many as possible of the most recent learning items. Simulation is provided to verify the theoretical analysis.