Getting locked out of your phone is really frustrating. Unfortunately, if you have made too many attempts to get into your phone, it is quite possible that the phone will have to be restored as a new phone. This means that any data will be erased and lost.
It is always best to regularly back up your phone. Make sure that you sign into iTunes before you get locked out for good. It is always best to stop guessing and plug it into your computer.
Forgot your Apple password? Go to Here to reset a new one.
Here are a couple of applications that can help you organize and store your passwords: