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Topic: Do expert traders hide their loses? - page 10. (Read 2869 times)

hero member
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October 30, 2019, 06:28:16 PM
#63
Certainly yes, only if that expert trader is an influencer or handling multiple accounts that's why in decision making while trading, I trust no one but myself thus the blame is just on me. On the other hand, losses doesn't define wether a trader is a professional or not but rather it depends on how he/she handles his/her losses and gains.
legendary
Activity: 3122
Merit: 1140
October 30, 2019, 05:47:21 PM
#62
Absolutely.

To any newbies reading this, when you see signals groups boasting about their wins, you should also note that they almost certainly have a huge number of losses that are simply not shown.

If you actually track their calls, you'll find that they will only call back to signals that were proven correct, while all their duds are never mentioned again. They know that nobody is going to go through the effort and actually check, since everybody is blinded by the so-called profits.

Stay away from 'expert' traders for the most part, they are almost all fraudsters. Nobody would give away the keys to their kingdom for just a few bucks.
Just to think carefully that if these people were experts then they wont really tend to bother out to share up their signals to anybody.

Ofcourse they would share up their winning trades to attract those people who do tend or plan to follow those so called experts on trading.
Loses is inevitable though and never ever follow on someones trade just because he was said hes good.
sr. member
Activity: 1876
Merit: 318
October 30, 2019, 03:40:19 PM
#61
Almost all expert traders hide their loses from the public, because defeat is something that is embarrassing for them.
Their sense of pride is very high to admit that they have lost. And also because expert traders want to be seen perfect
in the eyes of the public. When it is very natural that in losing trades, just how we learn from This defeat is not repeated
again. Actually there is no need to hide losses, because trading is not possible always win.
hero member
Activity: 2212
Merit: 805
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October 30, 2019, 02:16:23 PM
#60
Absolutely.

To any newbies reading this, when you see signals groups boasting about their wins, you should also note that they almost certainly have a huge number of losses that are simply not shown.

If you actually track their calls, you'll find that they will only call back to signals that were proven correct, while all their duds are never mentioned again. They know that nobody is going to go through the effort and actually check, since everybody is blinded by the so-called profits.

Stay away from 'expert' traders for the most part, they are almost all fraudsters. Nobody would give away the keys to their kingdom for just a few bucks.

Thanks for the advice. I've had my fair share of dealings with the so called "expert traders". As a matter of fact, I've run into one recently that makes a monthly report of a cumulative profit of about 450-600%. The truth is, they post signals when the token is already pumping. Most times they leave their unsuspecting users catching a knife.  Another place I'll will advise newbies to avoid like a plague is Crypto Twitter. It's a place where everyone is a PRO trader.



legendary
Activity: 2030
Merit: 1189
October 30, 2019, 01:53:22 PM
#59
Absolutely.

To any newbies reading this, when you see signals groups boasting about their wins, you should also note that they almost certainly have a huge number of losses that are simply not shown.

If you actually track their calls, you'll find that they will only call back to signals that were proven correct, while all their duds are never mentioned again. They know that nobody is going to go through the effort and actually check, since everybody is blinded by the so-called profits.

Stay away from 'expert' traders for the most part, they are almost all fraudsters. Nobody would give away the keys to their kingdom for just a few bucks.
hero member
Activity: 2128
Merit: 520
October 30, 2019, 01:19:59 PM
#58
I think these expert traders are hiding their losses just like you said. First of all because as "experts" they need to live up to a professional reputation wherein their trades are good and profitable, would you take trading advice from someone who is broke? No.

If anything I wouldn't be surprised if in reality ALL experts have hidden losses that they never disclose to the public.
One thing for sure, if they are into the business like selling their knowledge or giving advised for sure they wanted to have a good reputation and never wanted to reveal any loses that they've got. It's important for them to stay clean so the business will go further. But in case, this so-called experts are trying to hide from reality it's best not to believe right away and investigate everything.
hero member
Activity: 2730
Merit: 632
October 30, 2019, 01:15:30 PM
#57
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money.  What traders out there sharing their daily trades are The Real McCoy?  I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?

Okay lets make it straight and i dont make any comments about that Real McCoy.

Going on topic where i do somehow agree that majority of good traders do hide up their losses, we cant say they are doing it intentionally
or just simply ignoring those losses as long they are making greens and profits.As a trader you would surely be proud when you do make winning
trades constantly or on bigger chances.
hero member
Activity: 1386
Merit: 504
October 30, 2019, 12:28:22 PM
#56
Of course they will not going to show their losses people and his/her followers won't believe even though they know how their mentor earns a lot. Well that's how life, if you are the coach or being a trading mentor for them would you show your losses to your followers. Another thing is if they earn 5-10 wins in a row with huge amount people will call him Pro trader it is so easy to fool people.
legendary
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October 30, 2019, 12:24:47 PM
#55
I think most "expert" traders, not the ones that claim they are expert traders but people with real profits over course of years, do not feel the need to show you anything, not their losses not their profits. After all, if you are a trader that makes money constantly then why would you want approval from other people, you have the money, you have the profits, you have a source of income, what can you get from some people reading about your wins or losses that can gain you anything?

In the end this is a business, some people do it as a hobby and I can understand that but if you are an expert trader then you are doing this for business, if its not your income and you are working somewhere else and do trading at night then you are not expert I can guarantee you that.
hero member
Activity: 1120
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October 30, 2019, 12:16:27 PM
#54
This is commonly done by a pro trading analysis, they hide losses because they also want to get praise and trust towards their followers. You will often see this in the VIP signal group too. A pro traders wants their followers trust and loyalty, not to want their followers to doubt him.
I will be impress more if pro traders shows their losses and how they can easily recover from it, pro will accept lose but will not be down because of it, the more he fails the more he strive to make that loss came back x2 or more of their loss. If there will be a analyst whose been that way he can probably get more supporters or followers. Traders now needs someone who understand them at their weakest not pro who just boast their portfolios.
legendary
Activity: 2912
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October 30, 2019, 12:24:12 PM
#54
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money.  What traders out there sharing their daily trades are The Real McCoy?  I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
there are so many traders who hide their losses moreover it is a famous trader, of course they want to look great, if it shows a loss it will create a bad image for its name, actually this is a natural problem because nothing is perfect and there is no analysis that is 100% accurate.

I don't see anything wrong with it, its normal to every person that what we want other people to see from us is only the great one. So, for me it's okay, for as long as we will not just rely on them and for their signals. Always remember that not everyday is a winning in trading, sometimes we suffer losses too and it's okay, just keep going and move forward.

Maybe that is ok from human nature point of view but it's not ok from professional side and relation towards crypto community. Some crypto.users might get the opinion that trading brings only profit and if you even suffer some loss you will recover in no time. That is the wrong picture for unexperienced traders that often fall for this and think it's problem in them if they can't be successful as those professional traders they read about.
hero member
Activity: 1666
Merit: 502
October 30, 2019, 12:09:30 PM
#53
This is commonly done by a pro trading analysis, they hide losses because they also want to get praise and trust towards their followers. You will often see this in the VIP signal group too. A pro traders wants their followers trust and loyalty, not to want their followers to doubt him.
sr. member
Activity: 770
Merit: 253
October 30, 2019, 11:09:58 AM
#52
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money.  What traders out there sharing their daily trades are The Real McCoy?  I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
there are so many traders who hide their losses moreover it is a famous trader, of course they want to look great, if it shows a loss it will create a bad image for its name, actually this is a natural problem because nothing is perfect and there is no analysis that is 100% accurate.

I don't see anything wrong with it, its normal to every person that what we want other people to see from us is only the great one. So, for me it's okay, for as long as we will not just rely on them and for their signals. Always remember that not everyday is a winning in trading, sometimes we suffer losses too and it's okay, just keep going and move forward.
sr. member
Activity: 812
Merit: 257
October 30, 2019, 08:42:43 AM
#51
I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money.  What traders out there sharing their daily trades are The Real McCoy?  I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?
there are so many traders who hide their losses moreover it is a famous trader, of course they want to look great, if it shows a loss it will create a bad image for its name, actually this is a natural problem because nothing is perfect and there is no analysis that is 100% accurate.
hero member
Activity: 1400
Merit: 571
October 30, 2019, 08:26:30 AM
#50
They are not hiding their losses, and yes, even professional traders do stupid things, we're not A.I that could constantly do a thing without any changes at all in a period of time, we get tired, and making mistakes because of fatigue in our brain due to over work. Traders only show their wins (mostly) because that is what more important, to encourage us by showing their achievements in Trading.

Where are their big loses at?

It is their success, that is where their losses at Smiley
sr. member
Activity: 896
Merit: 272
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October 30, 2019, 08:14:45 AM
#49
I never following trading journal from expert traders so i never know if they really hide their losses or not but in my view why they have to shy about this and i think they should be proud for theirself that after make stupid decissions then they will became great again and learn from their mistaken and i think if they wrote it through their journal then it could be good stories that they able to rise up their mentally from zero to hero
Indeed, because it makes them realize a lot of things well actually sometimes a mistake isn't bad particularly when you have learn something from it. It makes them stronger in terms of understanding the power of analyzing things before making decisions. They just have to accept it and use that experience to avoid doing the same mistake, we don't have to underestimate or judge them because were all making mistakes and it depends on us how we will handle it. You don't have to pretend that everything was okay when eventually its not because its like you are making yourself a fool.
legendary
Activity: 2898
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October 30, 2019, 08:04:25 AM
#48
I never following trading journal from expert traders so i never know if they really hide their losses or not but in my view why they have to shy about this and i think they should be proud for theirself that after make stupid decissions then they will became great again and learn from their mistaken and i think if they wrote it through their journal then it could be good stories that they able to rise up their mentally from zero to hero
legendary
Activity: 1568
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October 30, 2019, 07:41:50 AM
#47
No, why would they have any need to hide their losses? If you lose a small percentage on a trade, then just sell it off and continue trading. You'll more than likely make it all back from the very next trade. Now, if they're trying to sell a subscription to their picks or something, there's a possibility they may be altering their trading history or something. But, if they're truly "experts" then they have no reason to hide any trades. Everyone takes a small loss every now and then. You just go with it and move on.
sr. member
Activity: 498
Merit: 251
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October 30, 2019, 07:18:08 AM
#46
Never lose? impossible! Even gods can make mistakes. I think most expert traders hide their mistakes for reputation purposes. Try to imagine, if an expert trader shows the amount of their loss, are you still interested to investing in it? I'm sure no one will be interested in partnering or investing with him, even just to follow in his footsteps.
hero member
Activity: 1386
Merit: 503
October 30, 2019, 07:09:25 AM
#45
I think these expert traders are hiding their losses just like you said. First of all because as "experts" they need to live up to a professional reputation wherein their trades are good and profitable, would you take trading advice from someone who is broke? No.

If anything I wouldn't be surprised if in reality ALL experts have hidden losses that they never disclose to the public.
Yes clearly the main goal maybe is to build a reputation, so many people will assume that "he" never suffered the slightest loss. no problem, i admit it is normal thing.
on the other hand it's good, because the goal is to motivate newbie traders to not be pessimistic when trading for the first time, and can learn how to analyze the right way, which he has given to everyone. he don't want that newbie trader follow the wrong way.
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